Lots of cars and now a few buyers

Full story: TwinCities.com

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.
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1 - 7 of 7 Comments Last updated Feb 3, 2013

Since: Feb 08

Dubuque, IA

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#1
Jul 5, 2009
 
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

Long Lake, MN

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#2
Jul 5, 2009
 

Judged:

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1

And I thought Bush was Stupid!
MikeDudical

Salt Lake City, UT

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#3
Jul 5, 2009
 
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

Farmington, MN

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#5
Jul 5, 2009
 
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

Bellaire, TX

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#6
Jul 5, 2009
 
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.
Panamna motors LLc

Hinesville, GA

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#8
Feb 2, 2013
 
because few years ago we just to sell car export salvage car but iaai and copart allowed for 200 dollars oversea dealer buy car direct to the auction but no body do nothing
Ronnie Ryan

Saint Paul, MN

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#9
Feb 3, 2013
 
Come on down to R Ryan auto to test drive undocumented Mercedes SUV's and get a free cowboy hat for doing so!!

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