Center Caps » Car Market http://center-caps.org Sun, 18 Dec 2011 18:12:22 +0000 en hourly 1 Used Car Sales Outperform New Buys http://center-caps.org/used-car-sales-outperform-new-buys/ http://center-caps.org/used-car-sales-outperform-new-buys/#comments Wed, 10 Mar 2010 23:41:20 +0000 editor http://center-caps.org/articles/used-car-sales-outperform-new-buys/ The second hand car market is riding the storm well according to some big names in the car auction industry. This is in stark contrast to the new car market which has had a hole its hull for while and is sinking beneath the waves.

No one can argue that there is trouble in the new car market. Lay offs have been announced across the board at car firms, with major manufactures really struggling with production as demand is so low. The prestigious national icon Bentley have announced redundancies last month. This move is clear evidence that it is not only bottom level car manufacturers seeing dwindling sales. Official figures show a 30.9% reduction in new car registrations in January as compared to the year previous according to the Society of Motor Manufactures. This is apparently the biggest fall since 1974 and the trend looks set to continue. 2012 has been the date suggested by many industry names that the new car market will see any increase in revenue.

Whilst new purchases are suffering, the same cannot be said for those in the used car market. BCA and Manheim have announced that they have seen record numbers of vehicles come through their books over the previous weeks. BCA stated that more vans and cars were sold in Jan 2010 than any previous year and prices of vehicles have been on the rise for the last three months. A £300 average rise on last years figures have been estimated.

Car leasing is also on the up it seems as the major leasers are reporting improving numbers this year. This is likely being caused by people leasing their vehicles rather than committing to a buy during this ecomonic low point. Traditionaly vechicle leasing companies have done very well from periods of economic downturn, and this one seems to be no different.

Average wholesale van costs went up by close to £140 according to the other well known auction house – Manheim. The increase marks the first upturn since last year’s September. 4 wheel drive cars have seen the steadiest increases with numbers improving six months in a row.

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]]> http://center-caps.org/used-car-sales-outperform-new-buys/feed/ 0 Saving Money In Jacksonville On Used Chrysler. http://center-caps.org/saving-money-in-jacksonville-on-used-chrysler/ http://center-caps.org/saving-money-in-jacksonville-on-used-chrysler/#comments Thu, 25 Feb 2010 15:37:33 +0000 editor Looking for a Used Chevrolet Jacksonville these days can be somewhat a good experience for anyone, especially if you live near a huge city where a search for a Used in Toyota Jacksonville returns hundreds of car dealers. Driving long distances to Jacksonville seems to be the norm these days when it comes to saving money on any new or used vehicle today. Folks start thier search online for just about everything today, particularly used cars, if it’s out there you can ordinarily locate it on the internet. Shopping at home from your computer is one of the most effective way to save gas and money when wanting to purchase a used vehicle online. When it comes to finding that hard to find tid-bit of information, or a present for that certain someone the internet can be used like a household appliance.
Now that most folks have got out from underneath that big car loan in order to keep their aquired lifestyle there is no doubt about it, we have to get back in the used car market if were going to retain any money for the future. Even small car business owners are having to cut back spending in every aspect they can, even if it means down sizing half of their work force and buying less exspensive vehicles just to keep the doors open.
Having greenbacks in your wallet and being able to purchase that new car you always wanted used to be a down payment away, but now it seems people are having to purchase used vehicles more and more. It’s become alot harder than just taking candy from a baby tring to make a dollar today. The only product selling right now and moving forward is the used car business. Honesty and integrity are going to be main factors in keeping sales soaring upward in the used car buisiness, along with a sales team ready to hunt.

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