It’s deep into fall 2008, with the winter and New Year fast approaching, so model year 2009 cars have been on roadways for weeks. What can we gather about the new models, and how might it affect both buying a new car and selling a used car?
Style changes have proved historically significant for many auto models. Think Ford Mustang from 1973-on – compared with the classic 1960s models before them. It took Ford many years to learn from its mistake(s); and those who owned older versions were disinclined to sell a used car.
The results of the Presidential election this month has the automotive industry cautiously optimistic that new actions may help boost sales figures that sagged greatly the previous two months.
Many people dismiss the last two months of the year when it comes to buying a new car, or even a different car even it that means pre-owned. The holidays and all the small-item gift purchases beckon, property owners face year-end property tax payments, and there is just too much going on to consider a high-end purchase.
In selling a used car, reliability plays a huge role, regardless whether you’re selling an old Volkswagen bug, or a relatively new and shiny Lexus.
The influx of so many new types of “crossover†utility vehicles – which basically means they are built on the chassis of cars, compared with old sport utility vehicles that were built truck-style, body-on-frame – raises some interesting questions.
It seems that the OC is reverting back to its mid-1990s form, with cash shortages not only by local government agencies, but also wealthy residents who made a ton off stocks or the booming housing market.