Galves Auto Price List on Market Trends Seen in September

Galves_Dan2

Dan Galves
Edi­tor
Galves Auto Price List

Used vehi­cle price dip seen in August was not unex­pect­ed, though per­haps more severe than antic­i­pat­ed in cer­tain seg­ments; More expen­sive mod­els suf­fered most dra­mat­ic ero­sion w/ Porsche being at front of pack; Close behind were high­er end SUVs like Lexus LX570 and Mer­cedes GL series.

Click here to read com­plete Galves Mar­ket Con­di­tions report

Activ­i­ty Stronger Late­ly than it Had Been in August as Deal­ers Looked to Replen­ish Inven­to­ry:
Expect to see slow but steady soft­en­ing – may be even more stag­nant than usu­al if peo­ple hes­i­tat­ing until elec­tions are over.

We’re Fast Approach­ing $4 Gaso­line and No One Seems to Care:
Full size SUVs and pick-ups are still doing rel­a­tive­ly well while econo-cars are hold­ing their own at best.

Expect Remain­der of Sep­tem­ber to Be Much Like Most Sep­tem­bers, a Slow­ly Erod­ing Mar­ket:
It does seem that some of sting has already been absorbed and that maybe this Sep­tem­ber will be bit less painful than usu­al.

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