Mark Gavagan’s Post

🚘 Wondering when to buy your car? December is your answer! 💡 December has always been known for holiday sales, and it's no different for car dealerships. With the year coming to an end, dealerships are eager to meet their annual sales targets and make space for new models. This urgency can result in discounted prices, value-added packages, and higher chances of negotiating a better deal for buyers. In addition, financing deals are often more attractive during this period, with companies offering low-interest rates or zero percent financing to encourage sales. So, before you put that car purchase decision on hold, consider the benefits December can offer. 🚀 Do you plan to buy a car in December or do you prefer other months? #CarBuying #DecemberDeals #Negotiate

🚘 Wondering when to buy your car? December is your answer! 💡 December has always been known for holiday sales, and it's no different for car dealerships. With the year coming to an end, dealerships are eager to meet their annual sales targets and make space for new models. This urgency can result in discounted prices, value-added packages, and higher chances of negotiating a better deal for buyers. In addition, financing deals are often more attractive during this period, with companies offering low-interest rates or zero percent financing to encourage sales. So, before you put that car purchase decision on hold, consider the benefits December can offer. 🚀 Do you plan to buy a car in December or do you prefer other months? #CarBuying #DecemberDeals #Negotiate

Auto dealers, it’s time to stay ahead of the curve. Did you know that 25% of all car sales in the U.S. will be made by Hispanics? Whether you're ready or not, Hispanic buyers will still choose a dealer – make sure it's you. Check out our page at Altura Automotive and learn how to sell to Hispanics effectively, or someone else will! Here is the article - https://lnkd.in/eEg697hG

📈 US experiences 6.6% RV shipments growth in 2024 📈 The latest information from the RV Industry Association (RVIA) has revealed that the total number of RV wholesale shipments in 2024 finished at 333,733 units, which represents 6.6% growth compared to 2023. The breakdown: 🔺 298,842 towable RVs (+11.8 per cent) 🔻 34,891 motorhomes (-23.9 per cent) 🗣️ “These modest gains provide a solid foundation to build upon, and we are confident that with continued innovation and dedication to customer satisfaction, the RV industry will see even greater success in 2025.” – Craig Kirby, President and CEO of the RVIA. 🗞️ Read more here: https://lnkd.in/eXhxXjmu #RVIndustry #Growth #MarketFigures

Tired of feeling lost in the world of car shopping jargon? 🤔 We've got your back! Introducing our easy-to-follow dictionary to simplify your next purchase. 📚 Today's term: Fair Market Value. 💡 Definition - This is the price at which a seller is willing to sell, and a buyer is willing to buy, assuming both parties have reasonable knowledge of the relevant facts and neither is pressured to complete the transaction. Check the rest out here: https://lnkd.in/gavk3gQJ #APR #AutoFinance101 #CarBuyingMadeEasy #FinancialLiteracy

https://lnkd.in/gK3uqb8B Our market is in flux continuously, and with the outcome of lacking new car sales from the pandemic we are possibly seeing the repercussions of those low sales in the used market now. We'll be monitoring these trends closely to see if this continues.

Car sales dropped 14% year-on-year in November due to weaker demand and the effects of the post-festive season. Dealers have mentioned that the demand for passenger vehicles is lower than expected after the festive season and during the ongoing wedding season. While car sales increased by 32% in October, when many consumers prefer to take delivery, they dropped by 19% to 275,681 units in September. Sales also fell by about 1% in May, 7% in June, and 4.5% in August of FY25. Two-wheeler sales surged by 16%, fueled by the continued demand from the festive season. Overall vehicle registrations rose by 11%. Commercial vehicle sales declined slightly.

London and the south-east experienced the biggest drops in average used car prices in November as part of a wider trend which saw price corrections across the UK. Our November Market View shows London prices dropped 4.3% month-on-month (MoM) from £24,043 to £23,014. Full report by Automotive Management (AM) 👉 https://lnkd.in/eU_mitWA

🚗 Seasonal used car market slowdown reported by Cap HPI 🚗 The average value of a three-year-old, 60,000-mile car fell by 1.5% month-on-month in December, according to cap hpi. Head of current car valuation Chris Plumb said: “In line with the retail market, December’s wholesale activity has entered the typical seasonal slowdown." Read more online: https://lnkd.in/e2Mr_eiv 🔔 Click our follow button to see regular car and fleet industry news and insights, and subscribe to our newsletter 🔔 #BusinessCar #usedcars #remarketing #carsales

Choosing between a private seller and a dealership for a second-hand car depends on your priorities. Private sellers often offer lower prices and more room for negotiation, creating a casual buying atmosphere. However, these sales usually come "as-is," meaning you won't have warranties or recourse if issues arise, and there’s a higher risk of encountering scams. On the other hand, dealerships provide warranties and financing options, making for a smoother process, especially if you have a trade-in. However, they typically charge more due to overhead costs and may pressure you into making a quick decision. Regardless of where you buy, it’s essential to research the car’s history, get it inspected if possible, and take it for a test drive. Ultimately, your comfort level and what you seek in a purchase will guide your choice; dealerships may offer more security, while private sellers could provide better deals if you're willing to take on some risk. Read more.. https://lnkd.in/gD-yHbgT #UsedCars #CarBuyingTips #PrivateSeller #Dealership #CarShopping #SecondHandCar