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Strong Auto Sales to Continue
Posted on: 10/16/2017
September was the best month for auto sales this year with a 6.1 increase from last year. It’s certainly attributed to several reasons and the hurricanes must be considered as well as an economy that is very strong.
It isn’t often that GM, Ford, Toyota, Nissan, Honda and Volkswagen can all report increases in the same month. Fiat Chrysler reported that five of its vehicles including the Jeep Renegade, Chrysler Pacifica, Ram ProMaster and Ram ProMaster City all had sales record but overall sales were down about 10%.
Strong auto sales are expected to continue in October and buyers will find that incentives are high. Model selection will also be better than usual as dealers have huge inventories to select from.
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* Between 7/1/16 and 9/30/16, the average estimated savings off MSRP presented by TrueCar Certified Dealers to users of TrueCar powered websites, based on users who configured virtual vehicles and who TrueCar identified as purchasing a new vehicle of the same make and model listed on the certificate from a Certified Dealer as of 10/31/2016, was $3,106. Your actual savings may vary based on multiple factors including the vehicle you select, region, dealer, and applicable vehicle specific manufacturer incentives which are subject to change. The Manufacturer's Suggested Retail Price ("MSRP") is determined by the manufacturer, and may not reflect the price at which vehicles are generally sold in the dealer's trade area as not all vehicles are sold at MSRP. Each dealer sets its own pricing. Your actual purchase price is negotiated between you and the dealer. TrueCar does not sell or lease motor vehicles.