Thursday, May 23, 2024

New Car Prices? Going Down.

 Wolf Street is very good at covering the car biz, and he came up with this handy-dandy chart of "days inventory" which tells you how long new cars sit on dealer lots (costing the dealer a bunch of money).

Note well: 60 days' inventory is considered healthy.  Less than that?  Really good.  More?  Ugh.

You can read the chart and figure out which brands will soon be offering large discounts.  (Ram already is, by the way.)

1 comment:

Anonymous said...

This linked blog post confirms your post

https://nonvenipacem.org/2024/06/08/more-ugly-math-from-clown-world/