Car manufacturers and the iPhone generation

537 More

Earning the right to be successful

522 More

Knowledge is power

598 More

Selling cars – it’s all about timing

836 More

Truemag

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

The heat is on as Christmas approaches

Christmas is nearly upon us and some dealers are telling us that things are starting to turn around. Not a lot, it has to be said, but there are a few buyers out there who are looking for some festive bargains.

There is a feeling that although January normally heralds the start of price rises, as the sales kick in and wholesale prices rise as demand increases, many dealers have gambled by stocking up for year end. They have done this in the hope that whatever they don’t sell in December can be sold profitably in January. There may certainly be some profit opportunities to be found by buying in bulk as well, leading to some attractive offers for customers.

As we can see the sales have stated already in some places with discounts in the thousands already for dealers with ageing inventories that have to be moved on. Although the guides are predicting modest rises in used car values in January it really could be a make or break stat to the year for many dealers to the extent where we could see the less well funded businesses struggling severely unless the banks are sympathetic and allow some leeway in lending.

Many dealers fund their used car stock with the help of the banks and obviously the more stock they have that is not selling the more it costs in interest to stock and the less capable they are of replacing these cars with newer, fresher examples which could be more profitable.

Whilst there may not be many tears shed for struggling car dealers it is worth noting that the industry in this country is probably the best it’s ever been in terms of consumer choice, quality of products and new and innovative models constantly coming to market.

The effort that many dealers have put into improving the experience offered to customer’s means there is a lot at stake. It is therefore imperative that the choice and variety of which channel to buy a car from is fully available otherwise only the biggest and most powerful will survive.

As a result the future car buyer may not get that individual experience that is many now take for granted.

Dec 20, 2011In51der
  • Forget Christmas New Year’s come early this year!
  • A lot of nervous car dealers about as September approaches
  • What is it about JC and Christmas?
  • As used car prices heat up could demand swing back to new cars?
  • Used car prices starting to heat up
  • UK car production up up 8.5% in NovemberIs this finally the end of Saab?
    You Might Also Like
     
    September 2009 new car sales figures
     
    Top 10 cloned vehicles
    In51der

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

    9 years ago Blog, Consumer56
    Most viewed
    Top 100 UK Dealer Groups
    38,265 views
    The car sales process and the “9 point plan”
    10,571 views
    webuyanycar review – They will buy any car but beware of the asterisk
    5,332 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