Quote:
Originally Posted by anzer
Yes good point re end of year haggle opportunity ... and given BMW seem to be bringing their MY releases further and further forward I suspect that they'll want to move 2011 models in prep for 2012 ordering by around April next year .. perhaps then I can take a look at 50i M-sport 
Also - new (bigger ande better redesigned) X3 will be out by end of year/early next year I suspect - and I have no doubt that some prospective X5 buyers will be willing to step down a little to the new X3 to save $$ esp if they want to bulk-down in size a little ... esp if they put 35i engine in and good diesels ...so that pressure may help X5 buyers also at end of year .. and lets remember that whole new X5 model will be out in 2012/2013 ...all these factors may drive some good haggle moments ... cash rate projection of 6 % will also put pressure on dealers when discretionary spending starts to seriously slow mid 2011 ... |
Yeh, it has slowed for the car dealers in the last month or so. Last year there was a rush because of the 50% investment allowance, thats all finished now. Europe is in crissis and retail saales are slowing in Australia.
You watch the June sales bonus this year, and agin in Dec 2010 to move the old stock. Then in 2011 they will do deals to sell cars, they have a problem in that secondhand cars are not selling. If they cannot offer good prices for your trade, they need bonus to throw in on the new car to offset that secondhand low trade price because the secondhand yard is full of unsold cars!
There secondhand used car sales is there current problem, I think they are hoping that because of the cost of money increasing people will move to the used cars as they are cheaper, then new cars sales fall off. Its a catch 22, at the moment new & used are both slow and there's no June rush this years from the companies changing there fleets over because they did it last year because of the 50% allowance.
Interesting times ahead if you want to buy a car, the smart people will be out there crunching the dealers over the next 6 months!
There even offerring 10% off services & $250 gift vouches if your the owner of a new car.
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