Filed under: Car Buying
http://www.blogcdn.com/www.autoblog.com/media/2013/05/gmc-pickups-at-dealership.jpg
Generally speaking, holiday weekends are always good for auto sales, but the Detroit Free Press says that dealers are expecting to do exceptionally well during this year’s three-day Memorial Day weekend. Even better, forecasts have 2013 new-car sales being the best the industry has seen since 2002 - predictions are hovering between 15 million and 16 million units for the year.
Leading this rebound is the fact that construction and home-building industries are picking back up, which is an especially good sign for truck sales. The article points out that truck buyers tend to fare particularly well during Memorial Day weekend, as prices are usually discounted around 20 percent. The final bit of good news in the story - for the industry - is that this year’s average price of newly purchased vehicles is $28,921, which is not only up from last year, but also the highest total ever for the month of May.
View Poll
Strong auto sales predicted for Memorial Day weekend [w/poll] originally appeared on Autoblog on Fri, 24 May 2013 18:30:00 EST. Please see our terms for use of feeds.
Permalink | Email this | Commentshttp://feeds.feedburner.com/~ff/weblogsinc/autoblog?i=sUyX1FDDkcE:aVOAJunR5xk:wF9xT3WuBAs http://feeds.feedburner.com/~ff/weblogsinc/autoblog?i=sUyX1FDDkcE:aVOAJunR5xk:V_sGLiPBpWU
http://feeds.feedburner.com/~r/weblogsinc/autoblog/~4/sUyX1FDDkcE