Lease was GM financial.
I first went to chase to get a loan and was told they don’t do car loans directly, Called local credit union and just short of wanting blood samples. As well as the 2 weeks to get a apt, I called GM they said just hit up any GM dealer, Found out they are just as shady even when you try to buy your own car.
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It’s a bit late but LightStream and Penfed do used car loans without dealer intervention.
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I second this. many banks will do car loans directly. Try BOA or your local bank.
A Dealer Is Asking $65,000 For A Veloster N
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Market adjustment buddy take it or leave it
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Wasn’t really even that. It was a dealer that dumped a whole bunch of parts into it and then overcharged for their one-off “creation”. Just like all the dealers that make ridiculous lifted pick ups and charge $50k for it.
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Ah ok, still, crazy!
Custom CAI, brah!
I was browsing Silverado inventory the other day and there was a vehicle that had a 15K discount so I clicked to see the breakdown. It was MSRP plus 40K for a lift package and then -15K, so only $25,000 for the lift! Huge savings!
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used prices down new prices up these dealers cray cray
With Ida, approx 200k cars may be destroyed and require replacement?
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If a couple hundred thousand cars are currently floating in the bayou, what is that going to do to used car prices? Demand may be about to get even higher. Harvey destroyed around half a million cars.
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Wow, great minds eh?!?!
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Yes. Lock in your deals this month (today). Next month is not looking better.
I think this ride is not over just yet…
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Buckle up 'cause the ride’s gonna be bumpy!
Anyone who doesn’t need a car should just thank their lucky stars…
Everyone else good luck…
IDA didn’t do car buyers any favors.
Not by a long shot.
The August sales dip and inventory shortages prompted Schuster to cut his U.S. sales forecast for the year to 15.7 million. Until the pandemic hit, sales had been running around 17 million per year.
Everything I’ve read and listened-to had both of these numbers roughly 2M lower. We’re now tracking 13M new sales in the US for 2021.
The drop in auto sales numbers and inventories has also caused many to revise their GDP number lower for 2021 (cars are a huge part of consumption - these sales were thought delayed but now more likely lost).
One take (starts at 6m28s)
https://overcast.fm/+JjqFr7l74/06:28
https://www.barrons.com/amp/articles/new-car-sales-gm-ford-stock-51630590331
But high pricing has limits. Morgan Stanley analyst Adam Jonas raised the possibility of a buyers’ strike due to pricing. “Very low inventory is [clearly] a factor,” wrote Jonas in a Thursday report. “But what about nosebleed-above MSRP pricing for….vehicles.”
And WSJ worried “wacky waving arm guy” will be unemployed this weekend
https://www.wsj.com/amp/articles/car-buyers-face-bleak-prospects-this-labor-day-weekend-11630661402
Buckle in boys and girls!
This SR+ Model 3 that was listed for $62k originally is now down to $58k…still no suckers. I’m really curious what it will eventually sell for…you gotta think Carvana is near the price they paid for it with all the price cuts.
https://www.carvana.com/vehicle/1879896