The forever churning stock of the used car market makes it almost impossible for the average dealership to entirely avoid a situation where supply outweighs demand.
Sometimes this could be due to Government policy (the current downturn in demand for diesel being a prime example), while at others it might be the simple result of newer, fresher models being launched, leaving their predecessors fighting for attention. Or, as is the case today, the unintended oversupply of a particular type of car might come down to something as simple as the changing of the seasons. That’s right folks, it’s time to don those bobble hats and go in search of a convertible. Continue reading >>>
Every car buyer will eventually face the dilemma of buying new or used.
New-car buyers get a strong warranty, the peace of mind of knowing no one else has driven the car, and, of course, that invigorating scent that only new cars offer.
Used-car buyers save some money and know they are getting a great value on a car that’s already seen the bulk of its depreciation. Of course, there’s also the risk of hidden problems that could cost a small fortune to repair.
What’s the best way to go? There’s no right answer, but some of the latest research makes used look like a better option than ever. Continue reading >>>