Auto Sales Collapse = Better Leasing Deals?

I was reading a few of these articles yesterday and thought they might be a taste of things to come for the holiday season. I’m just curious how all of this might affect things like the supply chain for GM (even though they stockpiled extra cars for the obvious reason of this shitstorm looming over the horizon), and sitting inventory on dealership lots (assuming buyer sentiment is down with regard to the economy as a whole, along with automotive purchases more specifically).

I actually know someone personally who is the used car sales manager for a GM/Chevy dealership. Their new car sales were way down last month, but the used sales were way up over that same time period. Thoughts?

https://www.bloomberg.com/news/articles/2019-10-01/toyota-typifies-ugly-month-with-16-slide-auto-sales-update

9 posts were merged into an existing topic: Auto sales trends