We quickly moved on from a wet summer, to a very nice fall. Not much
has changed in the world of Automotive Solutions, the same goes for
buying and locating that next car to park in the driveway. The word I
would use these days is cautious. Let me explain, I have been shopping
for a specific car for almost 3 weeks. We found the right car, priced well
and clean. With over $3000 of fees, not negotiable, the car was quickly
scratched from the list of choices. When looking for a car on Long
Island, and perhaps other locations, you will be charged $1000 extra if
you are not financing or trading in a car for “inventory”. These are some
of the re inventions dealerships have pivoted to in order to make
money. What happened to the days of higher pricing, no fee’s and
being able to negotiate? Gone, gone, gone. I can help to make the
process easier, and save you the time. These are just a few examples of
how consumers need to be cautious.
I try to post and send relevant information for my customers to read
about the car industry. As we now look at 3 months until years end
there are some inherent industry factors that may influence you when
looking to purchase or lease that next car. Let’s be more specific:
1. All, if not most 2023 model year cars have been sold. So, 2024’s
are on the lot and already more money.
2. Some EV rebates are disappearing.
3. Hybrid and EV options, new or used, car or suv are limited. Still
being sold at a premium.
4. Used car pricing and inventory is still “head scratching.” I do not
see much changing as we close the year, and likely to be the new
reality moving forward.
5. The UAW strike will cause long term problems for most US
automakers. The obvious is inventory, but what about parts not
being made, or recalls being able to be fixed. Depending on when
the strike gets settled look for disruption.
6. Cars not made in the US will become more expensive, wait they
already are. So that Honda, Kia, or Hyundai, are starting to raise
pricing
7. Color choices, inside and out, “forget about it.” Be prepared to be
flexible and have a few choices ready.
8. Without the help of industry insiders like Steve @ Automotive
Solutions consumers will spend countless of hours researching
their next car, perhaps over pay, and become frustrated,
distracting them from other more important projects at home or
work.
So, in closing the year that is 2023, remember to contact me with
any automotive questions you may have. New or used? Sell my
car? Keep this car or trade it in? I just totaled my car, now what?
Can you help me get a car in another state? Want to ship a car? I
think you got the hint…Thank you for trusting me to assist.
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