2013 Looking Up for Auto Loans!

ally_auto_NADA2013_infographics_612x792Dealers are incredibly optimistic about what 2013 is going to bring. More than 100 auto dealers were surveyed at the 2013 NADA convention that occurred over the weekend. What Ally Financial put together from all of the responses was that they are expecting this new year to be strong.

About 60% the surveyed dealerships believe that their sales will be growing by 10% or more this year. 54% believe that buyer confidence will provide a boost to sales. Sales will also be bolstered by the cars getting too old to drive, promotions, and a host of new models that will be on display in showrooms. Also, half of those surveyed also believe that with people getting their credit improved, this in turn will lead to them coming in and purchasing a vehicle.

The survey also showed optimism in used-car sales. 47% think, in fact, that it’ll be the most profitable segment in the year.

We’re definitely looking forward to an incredible year at Bayside Chrysler Jeep Dodge. If you’re in the Queens area and are needing help to get a car, we’re ready to help you. We love to say yes, so start the process by contacting us. Like us on Facebook and follow us on Twitter for more news and monthly deals.