Proof Car Dealers Are Desperate to Sell Vehicles (Video)
In this 21 October 2024 video, host Brandon, a used car dealer shares the ins and outs of the used car market from his perspective. He shares updates on car prices, what’s happening at the dealer auctions and what it’s like being a dealer. His goal is to share information to help customers make the best decisions while buying a car to save money. He does not want car dealers taking advantage of their customers.
Dealerships may try to sell slow-moving inventory by offering discounts and deals, converting new cars into lightly used ones and selling the car at auction.
You can research a vehicle’s fair market value and out-the-door price before negotiating with a dealership. You can also shop your trade-in around to get a decent price.
It’s hard to say how many cars Americans buy in a normal year because we’ve all forgotten what those are like. But, before the COVID-19 pandemic hit, Americans bought 17 million cars in 2019. That pace fell to just 13.9 million in 2022 amid worldwide supply chain problems.
https://youtu.be/38-xoFAIN4Q
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