Reply to Do you think there will eventually be a glut of cars, and if so, when?

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Reply to "Do you think there will eventually be a glut of cars, and if so, when?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]No.  Manufacturers will attempt to balance supply and demand, not try to produce more supply than there is demand, which is what your questions says you're hoping for.  Manufacturers don't always get it right, under and over-estimating demand for some vehicles, and that's where your opportunity is today and tomorrow.  Negotiate for less popular (i.e., less in-demand) vehicles, not the current fads-du jour which everyone is clamoring for.    [/quote]

I mean, there were a glut of cars for decades. How can you be so sure it’s “never again”? I’ve never paid MSRP or anything close, and I’ve bought many many new cars. [/quote]

Never again because things are more profitable to dealers and manufacturers. Carmakers have to move cars in a market of oversupply by offering incentives, rebates, holdback, price supports etc. to dealers and customers. This cuts into profits which are at historic highs for dealers. [/quote]

More profitable for dealers and manufacturers. Hmmm?

At the moment car dealers are moving less vehicles and dealerships have plenty of empty spaces. I'm surprised that you think the current market is more profitable for them.[/quote]

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