It’s the last day of March and there is a bit of optimism in the air! Car dealers who have weathered the tough 6 months in anyone’s memory have a bit of a bounce in their step because for many March will be the best month of the year. Sure there are still a plethora of potential problems in front of a car dealer, especially if they sell a domestic brand, but it sure is nice to see the needle moving up!
This makes today an outstanding time to buy a car. If you are negotiating for a car now, push hard TODAY for your price and you stand an excellent chance to get it!
Attention hybrid shoppers, March 31, 2009 marks your last chance to take advantage of the $3,400 tax credit the government offers. Starting April 1, 2009 and until the end of September the hybrid tax credit is cut in half (only $1,700). Then it is cut in half again until the end of March 2010. So if you are thinking about buying a hybrid NOW is the time!
Everything you read or hear today that pertains to the auto industry is negative and entails sales declining, jobs lost, money lost, etc. Well, there is one segment of the auto industry that is booming, Buy Here, Pay Here dealerships. BHPH dealers self finance (or use special finance companies) used cars for people. A friend of mine who gave back the shingle of a new car runs a BHPH and he is making a fortune! At a BHPH dealership often times you will make your car payments at the dealership. With so many people having trouble getting financed for a car at a conventional dealership a BHPH dealership is a great alternative.