Jesse Toprak
Jesse Toprak
consumers couple department extended financing informed knowing negotiate pay price thousand
Consumers will come into the dealership very well informed on what they should pay for the new car, negotiate on hundreds over the price of the car, then go into the financing department and automatically pay a couple thousand for an extended warranty without knowing anything.
attribute compact consumer exceeded february interest last month renewed robust sales surprised
February sales are typically much more robust than January's, but some may be surprised that this month even exceeded last February's sales. We attribute this in part to dramatically renewed consumer interest in compact vehicles.
consumers except money quite spent visible
They spent a lot of money on incentives, most of which are not quite visible to consumers except for some lease deals.
cars compact large luxury sales selling
This month, compact cars and compact SUVs are selling particularly well, while sales of trucks, luxury cars and large cars are suffering.
mode toyota wants
They're in a very competitive mode for the Camry. It's the best-selling car, and Toyota wants to keep that title.
buy consider crisis five gas mode people ready seriously total
This is a total shift. Five years ago they wouldn't have even asked. It's not crisis mode ... but I think if people are ready to buy a new vehicle, they will seriously consider something that is gas efficient.
people questions vehicles
Now, for vehicles priced under $40,000, it is one of the first questions people ask.
cars compact large luxury sales selling
Compact cars and compact SUVs are selling particularly well, while sales of trucks, luxury cars and large cars are suffering.
chevy efficiency far fuel impact increase people percent rush sales
As far as impact on sales of Chevy trucks, there was very little. A 10 percent increase in fuel efficiency isn't going to make people rush into these vehicles.
almost consumers less level math means
In almost all cases, consumers end up getting the same level of incentives, which means - do the math - they're getting less for each vehicle.
heard negative
I have not heard anything negative for these vehicles. From what we can tell, so far, so good.
people saving
If people go in with the idea they are saving money, they are mistaken,
alone believe brands brings cars certainly comparing enable good lower market needed people playing prices pricing recover sticker success
If people are comparing sticker prices, lower prices will certainly make their cars more attractive. What really brings success to brands is good product. Playing with pricing alone isn't going to enable them to recover their market share. But I do believe a lot of their cars are overpriced and they needed an adjustment.
amount attractive cash generally interest longer low plan savings simply three vehicle
Generally speaking, the longer you plan to keep the vehicle the more attractive the low APR is for you. On the other hand, if you plan to keep the vehicle for three years or less, the cash rebate may be better. In the shorter amount of time, you simply won't be able to make up as much in interest savings as you will with the cash rebate.