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Reply to "Car market is scary "
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[quote=Anonymous][quote=Anonymous] It is scary. I was going to buy a new or new-used car last year, for my 50th-but I put it off and continue driving my trusty but 240k 2011 Chevy HHR. Runs good thankfully, not the greatest mileage and I do commute. Was going to get a hybrid/plug in hybrid. Now I just fear that someone will hit me and total it and then what??? I need this car to not be wrecked-I'll pay to repair whatever but I can't unwreck it! [b] I hope this market cools down.[[/b]/quote] It won’t cool down soon. Here is why. Car manufacturers and dealerships have realized that they can make the same profit and even more by selling fewer vehicles with higher margins. It used to be that they needed sell high volumes to turn a decent profit. They aren’t in the rush to increase volume right now. They will continue to control the supply and keep it low. [/quote]
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