We regularly discuss the market realities, which was once limited to leasing but now includes buying new/used, flipping, and alternative financing. Highlights:
While shortages remain, inventory is low, gas prices are high, interest rates have slightly ticked-up, and some bump stickers have begun to peel-off.
As we enter one of the holiest of auto sales weekends, please polish your crystal balls, vote, and opine:
Auto Sales in May 2022, compared to May 2021 will be
Flat
Generally Up
Mostly down
0voters
Auto Sales in June 2022, compared to June 2021 will be
Flat
Generally Up
Mostly down
0voters
And the poll-less question: How do you think the OEMs and dealers will react, come Q3?
It makes for an interesting situation when you’re nearly sold out of 2022 pipeline on certain lines and 2023 order banks nor their corresponding programs have yet to populate.