Lots of cars and now a few buyers

Hudson resident Beth Johnson looked over the features of a Pontiac Vibe as her husband Steve waited in the lot at the White Bear Superstore in White Bear Lake Tuesday June 30, 2009.

[steve baker]

If you want to understand the new car market watch the used car market, especially the dealer auctions. Demand is good and supply short at present. This, along with normal incentives,(even those as stupid as "cash for clunkers"), bodes well for an impending increase in new car sales.

[Steve Hater]

And I thought Bush was Stupid!

[MikeDudical]

If you want to see rock bottom prices in the Twin Cities check out the credit union repo sales.

http://www.repofinder.com

Until we get these repo's off the books retail prices are unjustified.

[RUDY]

The increased sale of used cars is not a sign of turnaround. What you are seeing is people turning in leased vehicles and buying used as an affordable alternative. People are buying used cars because they cannot get financed but still need something to drive to work.

[Peter]

RUDY wrote:

The increased sale of used cars is not a sign of turnaround. What you are seeing is people turning in leased vehicles and buying used as an affordable alternative. People are buying used cars because they cannot get financed but still need something to drive to work.

Yes, but that's where recovery begins: People making better choices.