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Is now a good time to buy a new truck in BR?
Posted on 8/19/16 at 11:14 am
Posted on 8/19/16 at 11:14 am
I'm assuming the demand for non flooded/clean used cars around here will be booming soon. Would this not result in dealerships paying top dollar for a clean, non flooded vehicle?
I wouldn't price gouge on a private sale, but if dealers are willing to fork our more for my truck than they would have a few weeks ago it seems like it may be a good time to upgrade.
Am I on to something, or am I completely wrong here
I wouldn't price gouge on a private sale, but if dealers are willing to fork our more for my truck than they would have a few weeks ago it seems like it may be a good time to upgrade.
Am I on to something, or am I completely wrong here
7
Posted on 8/19/16 at 11:28 am to CP3
quote:
or am I completely wrong here
Dealer will be looking to move new units. Why would they pay top dollar for a used unit they will then have to charge top dollar to make a profit on?
Posted on 8/19/16 at 11:37 am to CP3
dealerships can have new cars on the lot in no time. I doubt you could get much more than usual.
Posted on 8/19/16 at 11:41 am to CP3
I dont' have an answer to your question and this is going to be somewhat of a hijack, so I apologize for that.
But what happens if/when a car lot gets completely flooded and they lose basically all their inventory? Do they get some sort of "bailout" help or do they just lose a frick ton of money?
But what happens if/when a car lot gets completely flooded and they lose basically all their inventory? Do they get some sort of "bailout" help or do they just lose a frick ton of money?
Posted on 8/19/16 at 12:05 pm to CP3
sell privately. dealerships will still want to screw you and them.
Posted on 8/19/16 at 12:30 pm to CP3
This will result in a shortage of used vehicles. We've seen this before in other flood areas. That's a lot of inventory removed from the market. You'll at least be in a good bargaining position with a re sellable trade in.
It's not good for dealers losing their new inventory. A total restock of new inventory takes a long time. They'd have to dealer trade/use locator services in the short term while they re stock from the factory.
It's not good for dealers losing their new inventory. A total restock of new inventory takes a long time. They'd have to dealer trade/use locator services in the short term while they re stock from the factory.
Posted on 8/19/16 at 12:48 pm to CP3
Sure, a dealer might pay more for your used car, because you will be paying more for one of their new cars.
Posted on 8/19/16 at 5:19 pm to CP3
A metric frickton of cars were flooded and destroyed. A large number of new ones were destroyed as well. That means demand will be way up for new cars because there won't be enough used cars to meet the demand. Now is NOT AT ALL a good time to buy unless you're going out of state.
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