Car manufacturers and the iPhone generation

604 More

Earning the right to be successful

587 More

Knowledge is power

681 More

Selling cars – it’s all about timing

967 More

Truemag

  • Home
  • About
  • Advertise
  • Archives
  • Contact
  • Subscribe

Window of opportunity for car buyers

You know what? There is a distinct feeling in the trade that the current slowdown is but a mere blip. Now this may come as some surprise given the fact that misery loves company and a bit of a downturn can spiral into doom, gloom and catastrophe before you’ve finished your first cup of tea. But the truth is If dealers have not taken advantage of the recent cheaper prices by the end of this month, they will pay even more sooner than might expect.

All the indicators are that certain leasing, rental and other wholesale suppliers have to honour banking covenants, and because of this there will be a short term need to put cash back in their business, leading to a short window whereby trade buyers can take advantage if they have the cash of some competitive deals.
In the long term car dealers are looking towards 2010 already, and trying to meet the changing needs of their customers going forward. It will not necessarily be just about price but will certainly be about a great all round package and the full silver service.

The customer is king will be the buzz word of car dealers (and if it isn’t then it certainly should be) as the competition for sales heats up in a diminishing market place.

A small seasonal tip for any buyer at present though is if you have set yourself to buy a convertible next year and are looking to the spring to do so, don’t! If you can afford it buy now. This really is one car (and we’re talking about almost all types of drop top) that values have really taken an absolute kicking. Of course they nearly always do but this year they could be potentially up to £5k less now than at peak times, and with the modern convertibles either being available in hard top form or being a genuine coupe convertible they are much easier to bear when the sun isn’t shining.

Think how good it will feel seeing a similar car next spring on some dealer’s forecourt at a much higher price than the clever buyer who buys now.

Remember for a short time only this year the buyer is king!

Nov 4, 2009In51der
  • Emergency budget may turn car buyers green
  • Car buyers still making the same old mistakes
  • Price wars on the horizon as car buyers become scarce
  • Buyers being misled over new car delays
  • Change in the weather brings the car buyers back
  • Where have all the prvivate buyers gone?
  • GM cancels Magna dealToyota withdraws from Formula 1
    In51der

    Motor Trade Insider - Bridging the gap between the customer and the Motor Trade

    12 years ago Blog, Environmentalbuying used cars, Featured, research used cars, Used car buying67
    Most viewed
    Top 100 UK Dealer Groups
    39,530 views
    The car sales process and the “9 point plan”
    11,560 views
    webuyanycar review – They will buy any car but beware of the asterisk
    6,044 views
    Most commented
    Car sales and the power of silence…
    25 Comments
    Car dealers still not prepared to play the “we buy any car” game
    23 Comments
    A Traders Tale – Part Four
    22 Comments
    Win a pre-loaded Ipod Shuffle!
    19 Comments
    Bargain of the Week – StreetKa 1.6i Luxury
    14 Comments
    Bridal Hair Berkshire
    Fox Body to 2018 Mustang Parts
    and Accessories
    About MTI

    Motor Trade Insider
    is written by people working actively in the motor trade for people on the inside and people on the outside.

    Our aims
    Build a bridge between consumers and the trade, create Interesting and informative content, break down barriers and create better understanding, expose bad practices and rip-offs and promote outstanding products and service.
    Have something to say?
    We are always looking for experienced writers who can write good original quality posts on motor-trade-insider.com. Please contact us if you would like us to consider you. Make sure you give us details of your own blog or a link to some articles you have written.
    2017 © Motor Trade Insider
    Truemag theme by StrictThemes