Tag Archives: sales

August Looks Promising for Auto Sales

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The final numbers haven’t been posted yet, but it’s being estimated that August was a busy month for the auto industry.

Autonetfinancial.net has an article pointing out that a report that JD Power and Associates put out has some great news. This month had the highest rate of new vehicle sales in more than four and a half years. That means in the whole month of August, dealers sold around 1,066,200 vehicles to consumers. JD Power are not the only ones who are seeing August as such a promising month either. Kelly Blue Books also put out a report that the month had record sales, but they went even higher with their prediction. Their analysts shows that 1,273,000 units went out the door.

John Humphrey, senior VP of global automotive operations at JD Power said of the sales, “August continues this summer’s trend of healthy growth in retails sales as dealers work to sell down inventory in time to make room for 2013 models. To date, automakers have been diligent in better balancing production with demand, which has been critical to the improved financial performance for many brands.”

It seems that August was quite the month for people purchasing vehicles. Car loans have been much easier to obtain as the industry bounces back. That’s even more apparent if you go shopping at Bayside Chrysler Jeep Dodge where we work hard with the customer to make sure they get the loan that suits them best. If you give us a try and see just what we can do for you, you won’t be disappointed. Go online and see for yourself how to get the car you’ve been wanting. You can also like us on Facebook and follow us on Twitter for more news stories and information on the dealership.

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Improve Your Auto Loan Terms in 4 Easy Steps

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Shopping around for an auto loan can be a trying experience, especially with a low credit score. It can seem impossible to find the car you want at rates and terms you can afford. Most people don’t know that they can improve their chances of getting a better rate, though, by following these 4 simple steps.

  1. Be Honest with Yourself: Take a look over your personal finances and ask yourself how much you can really afford to spend. Do you really need a new car, or are you better able to afford a good used car? If your finances are tight already, then a reliable vehicle that generally doesn’t need a lot of repairs is a smarter choice than something flashier (and pricier).
  2. Research Before Going Into a Dealership: When you go into a dealership, that dealership assumes that you are ready to test drive and buy. If you want to research model reviews, it is better to do so before going in. Otherwise, you could end up buying a car you didn’t really want or hem and haw over the pros and cons of a model and waste the salesperson’s time. It is always good to go into a sale certain that this is the car you want, but keep in mind that the dealership’s sales staff make money on commissions. Be considerate of that, and if you aren’t ready to buy, walk away and let that salesperson help another customer.
  3. Bring a Down Payment: Fox Business recommends having a 20 percent down payment for a new car and 10 percent for a used car. By having that down payment, it increases the chances of getting a better interest rate and lower monthly payments.
  4. Shoot For a Shorter Loan Length: The value of a car, especially a new car, depreciates fairly quickly, so it is better to go with a shorter loan length. Even if it means higher monthly payments, you will probably end up with a higher interest rate if you get a longer loan.

Are you shopping for an auto loan but running into problems because of your credit? Give Bayside Chrysler Jeep Dodge a chance to help you. You can see our online new and pre-owned inventory here, and be sure to like Bayside on Facebook and follow Bayside on Twitter to get the latest news from the auto industry.

Image: FreeDigitalPhotos.net

Chrysler Sales Stay Strong in June

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There’s been speculation of late wondering just how long the strong sales that the industry has been enjoying can stick around. So far, this year has had month after month showing that the US auto industry is back in full force from the economic downfall that spiraled them into bankruptcy, requiring a bailout to even survive. Things have certainly turned around, and for the better, the companies proving that they were worth the investment to keep alive. Car sales have lead to plants being re-opened, shifts being added, workers back where they belong. The question has still remained, how long can this trend hold out?

The answer is still going to have to wait, June turns out to be continuing the sales trend. Mycentraljersey.com is reporting that Chrysler actually just had their best June in over 5 years. Numerous factors seem to be coming into play as to why the sales have stayed strong, gas prices have been falling and new vehicles, such as the Dodge Dart, have kept people’s interest in purchasing. There’s also the point that most car drivers are finally at a point where their cars are just getting too old and are in need of replacement.

Some of the notable increases also belong to the pickup trucks of Ram’s line-up. Their sales had an increase of 12 percent in their sales. The Chrysler 300 sedan also doubled its sales from just last year. In total, it was a 20 percent gain for the month for Chrysler.

Suffering from poor credit? Give yourself a moment to check out Bayside Chrysler Jeep Dodge and see just what can be done to help get you into a car. Make sure to also like us on Facebook and follow us on Twitter!