Galves Market Conditions Report – August 2012


Dan Galves
Galves Auto Price List

Click here to read complete Galves Market Conditions report

Should be no surprise that we are in the midst of pretty steep and pervasive market decline; See decline as being driven largely by lack of retail traffic; While this is not an unusual summertime experience, this summer is particularly bereft of live bodies walking into showrooms.

Economic Factors Driving Consumers to Keep their Cars:
Declining market more severe than in past couple of years, and should continue a while.

Very Late Models and Luxury Units Hardest Hit:
Weaker new vehicle sales and increased new vehicle supply have begun to raise specter of increased manufacturer incentives.

There Seems to Be Reasonable Number of Dealers in Lanes:
But are ultra-selective about what they chase – will buy ordinary vehicles but only at their price.



    Leave a Reply

    Your email address will not be published. Required field are marked *.