The automobile industry, in both short and long term, is going through a
transformation. Honda is in talks to merge with Nissan/Infiniti. Recently, Chrysler
has “rotated” its CEO for the second time in 12 months. Manufacturers continue
to teeter on the hybrid or electric seesaw. And prices are on the rise. For
example, 2024 end of year rates for a Chevy Tahoe, with close to a 10% interest
rate (money factor), were over $1000 per month with no money down. So let me
briefly explain what is going on when you begin to search for that next car.
Perhaps you begin to shop by checking out what is on-line. Where are the deals,
and how can you take advantage of them? If you are switching brands, a test
drive is imperative. Brave the cold and visit a dealership. You may be able to drive
the car you want if it is in stock. Lucky for you, you won’t be trying to get
someone there to assist you more than that since finding someone willing and
qualified to answer questions or have an honest discussion on price is a challenge
anymore. In fact, the car buying experience has become more of an annoyance
than an exciting adventure, and in my opinion will continue to be in the
foreseeable future.
Let us assume you contact Steve Goldberg @ Automotive Solutions. As always, he
will save you time and money and make the car buying experience pleasant. With
25 years of dealership experience, Steve is available to you at your convenience to
have a professional conversation that takes only as long as you need it to. Steve
will return your lease and confirm if there is equity, shop for your new car with
multiple dealers, and manage the paperwork process with transparency. Sound
good? Give him a call at 978-764-5358.
Recently a post on line by Kim Komando from The Current, has a topline headline
“Carmakers will charge for anything.” Let us dive into that. Dealerships are for-
profit businesses so no surprise there. And when you continue to sell on price, not
service, other revenue streams need to be created to make up for huge discounts
off MSRP. For years, when I worked at a dealership in Connecticut, our buyers’
orders on new and used cars mentioned fees of more than $3000. In most cases,
they were deal killers. Today Komando reports that all manufacturers are also
grasping for money. You can read her article but some of the fees are Ford’s Blue
Cruise, Cadillac’s hands-free driving system, and Toyota’s fee for remote start.
Contact Steve @ Automotive Solutions, where his customers don’t pay fees.
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