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As we know people are waiting for the Black Friday deals a lot, they have already planned how they visit the malls and shop for everything needed there, but one thing they did not plan is visiting also auto dealerships for new car purchases and car auctions like RepoKar Auto Auction for buying used cars for great prices. The four-day Thanksgiving weekend is one of those holidays — along with Memorial Day, Labor Day and the Fourth of July — when auto dealers typically sweeten deals to draw out buyers. This week, it could be even better than ...
In just a few hours car companies will reveal their sales results for this November and we expect them to be not so bad since they had many chances to increase their income due to Thanksgiving holidays. We project a total U.S. vehicle sales for this month, including fleet and deliveries to hit 1.367 million units,, which is up 3.6% from the same period last year. On a daily selling rate basis, adjusted for the extra sales days, we expect transactions to decline by upward of 4.7% year over year. And excluding fleet sales, deliveries made to rental-car companies and other bulk buyers,...
It seems like U.S. auto sales are on pace for the strongest November ever, four forecasters say, breaking the industry’s streak of three consecutive monthly declines and keeping open the possibility that 2016 can squeak ahead of last year’s record. Big promotions over the long Thanksgiving weekend and two extra selling days in the month are expected to push sales up 4 percent from November 2015. Some companies are projecting 5 percent increase, while others estimate a 2.7 percent gain. The forecasts call for a seasonally adjusted, annualized selling rate of 17.6 million ...
For those who are looking for a good car deal this Black Friday, you need to know that there are also other days which will make you pay the same money on the car you want, so you can skip the crowds and stay in bed. The unofficial consumer holiday is often touted as the best day to get some major discounts, but new data shows Black Friday is only the fifth-best day to get a heavily discounted car. December 31 is the best day to get a new car. You can expect 8.8 percent off of the normal sales price. Dealers slash car prices to get units off the floor and out the door, boostin...
To clear out bulging inventories of unsold cars and dispel investor doubts about consumer demand, automakers in the United States are ramping up holiday sales promotions ahead of Black Friday. Detroit automakers need a strong year-end sales push. They are sitting on hefty inventories of unsold sedans, compact cars and sports cars as consumers shift to pickup trucks and SUVs. The share prices of General Motors, Ford Motor, and Fiat Chrysler Automobiles NV are flat to down for the year. This reflects investor concerns that a six-year auto sales boom in the United States is reaching an end and th...
