
Declining Car Sales Can Lead To More Attractive Deals
By Consider The Consumer on October 28, 2017
Whether you’re a strategic automobile shopper or just check car sales once in a while for good deals, now through December is the time to look for discounts on brands and models with lagging sales.
That's why it may pay to take a look at what Fiat Chrysler and Hyundai-Kia have to offer between now and the end of the year. Both brands had a lackluster October, according to Kelley Blue Book (KBB).
KBB's preliminary numbers show Fiat-Chrysler will finish the month with an 11.1 percent year-over-year decline in sales, despite strong demand for its popular Jeep product. Hyundai-Kia is expected to be down 11.2 percent.
Nissan's sales are expected to be off by 4.9 percent while Honda sales appear to be nearly flat, down less than one percent.
Strong month for Volkswagen.
All other automakers are expected to see their sales for the month rise, led by Volkswagen, which appears to be recovering from 2015's diesel emissions cheating scandal. KBB puts VW's October sales at an 11.7% gain, increasing its U.S. marketshare by a half a percentage point.
Toyota sales are expected to be 6.3 percent higher while Ford sales appear to have risen nearly four percent.
While consumers in search of the best deal often find satisfaction by going for a slow-selling brand, the Houston area serves as a major caveat to that theory. Just about all dealers in Southeast Texas are reporting strong sales, due to Hurricane Harvey.