Waiting for a new owner
Have you ever heard the old saying, “You need to strike when the iron is hot?”¬† There are times when¬†we need to consider¬†doing something out of the “norm” simply because the timing is just right.¬† While doing some research on the economy I have found that we are now in a great position to think about purchasing a new car or truck.
I know, I know,¬† what is he talking about now, he must be nuts to think anyone would run out and buy a new car. But…the iron is hot, right now.¬† Just check out all the signs on your way to the Wal-Mart Super Center in Yulee. The auto industry is not in the best of shapes and dealers are willing to cut almost any deal just to move their inventories as the manufacturers’ sword of Damocles is hanging over their heads.¬† Chrysler and GM are planning on pulling the plug on many dealers and soon.¬† Chrysler is poised to dump 789 dealers while GM is scheduled to close 1,100.¬† This is all inventory that must go somewhere and other dealers, in most cases, don’t want the inventory due to the slow sales they are experiencing.
If you are thinking about a new car or truck, I suggest you take a drive to your local dealer and just look around.¬† Talk to them about a deal, just see where it goes.¬† Don’t worry about warranty even if the dealer you purchase from is closed down, your warranty will be fine.¬† Ask the dealer about financing.¬† There are many great terms available from the financial division of the manufacturer.¬† Take a look at not only purchasing but also at leasing.¬† I talked with a friend just last week who is thinking of a new van for his family. He was offered a great deal with very low monthly payments on a loaded, brand new family van with DVD players for the kids. Yup, the iron is hot and this may be the season to wrap a ribbon around a vehicle, especially if you are in good standing with the bank.
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