Dealer Lots Have Fewer Cars—and the Industry Likes It That Way

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Covid-19 is changing an entrenched aspect of car shopping in America: finding your new ride on the lot and driving it home that day

For months, dealer stocks have been running about 25% thinner than normal, a hangover effect from two months of pandemic-related factory closures last spring.

The shortfall is requiring many buyers to order their cars and wait a few weeks, running counter to the American car shopper’s desire for instant gratification, and dealers’ impulse to send the customer home in a new car that...

 

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Duh.

SEC_Enforcement destroyed documentation related to Automobile companies changing dealer names & void 24-36 month parts warranties. Consumerfraud IRS_CI 2020-007235 PCAOB_News no action on accountingfraud

Now, they can steal more of your money. Woot woot

My 92 f150 is doing ok.

mguindin

My GM dealer tries to slow play me i'm out the door and down the street. Chevrolet Ford jeep gm

Waiting for crappy electronic cars forced on us that noone wants.

I, on the other hand, am still getting lots of value out of my 1999 Ford Taurus that I bought with just over a hundred thousand miles on it years ago. I've saved, at least, the cost of a new car (not including taxes, tags, insurance, etc. costs). Retirement fund is looking good.

anti-Marxismlist! On my opinion, the human society is running on these: 1 technology define theoretical economic aggregate 2 labour define gross economy 3 finance system define distribution of wealth from gross economy

thank you very much for your work

The dealer model is dying. Ford might have a chance transitioning to its Quicklane repair/service brand, but dealer owners will bleed to death.

95% only bad news(

This is the tesla sales model. Traditional auto needed a pandemic to clue them in.

Francisca Eyetsemitan confirmed IRS_CI destroyed documentation related to Automobile companies changing dealer names to void 24-36 month parts warranties IRS_CI Destroyed records 2020-007235 TIGTA TRN-2009-0433 & TRN-2010-0201

I always intend to order my new car to spec from the factory anyway three months ahead of time. For those of us who intend to keep a car 15+ years it’s not worth settling for colour/options we don’t want just because that’s what’s on the lot.

Less options for consumer's. More inventory for sellers. Same expensive price.

Yeah right, just wait until the dealership across the street can get you in a new car the same day! Who do you think I’m taking my business to, the dealer that I have to wait weeks for, or the dealer that provides me my instant gratification? This isn’t going to last!

Lol! Who can afford to buy a new car right now! senatemajldr SpeakerPelosi can’t get their act together to pass stimulus & half Americans are hungry davidpopp RepJoshHarder AOC LALATE GOP ProbSolveCaucus HouseBlueDogs PURPLEPOWER

Less inventory means less less overhead... probably makes sense

This is true, but I found the car I wanted and got a great deal on it.

thanks

Probably could have written this in 2009

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