“The average Buick buyer is 69, the oldest demographic in the industry, and there aren't many new buyers coming in to replace them.”
“Hopefully you get what you pay for, because you always pay for what you get.”
James W. Love Jr.
“The market is extremely strong in the resale market. Most of the buyers in resale market are coming from Midwest and elsewhere.”
“I get the impression that every pullback this year has been met with new buyers coming in. There's still plenty of money out there that people are willing to put back into stocks.”
“Clearly the air is coming out of the balloon. We're transferring from a sellers' market to a buyers' market.”
“We saw some local buyers, but also foreign funds coming in. They have to because everything looks so cheap in dollar terms.”
“There are 64 million Gen Y buyers coming into the marketplace. We know when they come to market to buy a vehicle, new or used, they will spend on average about $15,000.”
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