watcharacters Posted January 4, 2014 Share Posted January 4, 2014 . For automakers, 2013 was a banner sales year — which could make 2014 even more competitive. "The pressure is on car companies to keep up the good news," said Lincoln Merrihew, vice president of transportation for market research firm Millward Brown Digital. Drivers are likely to see more money on the table as automakers fight for sales and market share. Truck deals in particular could be excellent, with launches such as the GMC Canyon and Chevrolet Colorado fueling competition in a market segment where supply already outweighs demand, he said. On the used-car side, prices also have been dropping. According to Edmunds.com, the average used car sold for $15,617 during the third quarter of 2013, down 2.8 percent from the previous quarter. Deals are likely to get even better in 2014 as more cars come off their three-year leases, flooding the market, said Merrihew. Wonder if it will filter down to us? Link to comment Share on other sites More sharing options...
culicine Posted January 5, 2014 Share Posted January 5, 2014 Second hand cars have dropped a LOT over the last 2 years in LoS. 2 years ago I could have gotten 450K for my old civic, now I'd be lucky to get 250K. Link to comment Share on other sites More sharing options...
Wong! Posted January 5, 2014 Share Posted January 5, 2014 Wonder if it will filter down to us? It has as much bearing on the Thai market as it does on the Martian market. Link to comment Share on other sites More sharing options...
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