Canadian Auto Sales Jump In June, Racking Up Another Record

Car SalesDETROIT Major automakers on Monday reported a fourth consecutive month of lower U.S. new automobile gross sales for June and came in under analyst expectations, regardless of hefty shopper discounts and looser mortgage phrases, providing contemporary evidence that 2017 will fall in need of final 12 months’s record year for the trade.

In an interview, GM Chief Economist Mustafa Mohatarem stated the sliding value of used vehicles has discouraged automakers from offering deep reductions on new vehicles to rental automobile corporations. Hertz, Avis and different rental firms either must pay increased prices, he stated, or automakers will minimize production additional in hopes of supporting used-automobile resale values.

The laid back seller (SleepyMotors). Here you will earn a moderate income, be snug and treated like one of the family. A nice place to work if you wish to keep away from the competitors on the gross sales ground and the hardcore …

Read more →

U.S. Auto Sales In 2015 Set Record After Strong December

Used VehiclesFirst of all, as always, I like to talk about the money concerned in the auto dealer enterprise right from the beginning. Let’s go over the way you earn cash on this business, how much money you can make on this enterprise, and what a few of the drawbacks are in this business. By going over the enterprise model from the beginning, it ought to aid you to figure out if this enterprise is best for you at the moment or not.

Buying a used truck doesn’t necessarily mean buying a automobile of poor high quality, which will require elevated upkeep and repair expenses. This primarily relies upon upon the situation of the car you will opt for, the period of time it has been in use, the mileage and plenty of different features. If you are lucky to get the truck that meets your wants and options good working …

Read more →

U.S. Auto Sales In 2015 Set Record After Strong December (2)

Used VehiclesCARLETON, Mich. Two lanes apart at a loud, fast-paced auto public sale close to Detroit, two autos show why main U.S. automakers have an issue with used automobiles.

An interesting new supply of pricing data for brand spanking new vehicles is You can specify the automotive and choices you have an interest in and entry knowledge on the sale worth for comparable automobiles. This data is based on automobile registration databases and data from financial establishments that make vehicle loans. The key’s to find out the value that dealers are getting for the vehicle you need so you don’t overpay. You can get a certificates for a guaranteed worth from a dealer. gets $300 from the seller when the automobile is bought by this program.

Check banks and credit unions for repossessed (repo) autos. It is a distraction for a bank to deal with selling a car. The bank could …

Read more →