“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.
“Buyers are nervous that they're buying at the top of the market. Most offers now are coming in under full price, somewhere up to 10 percent less than asking price.”
“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.”
“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.”
“Clearly the air is coming out of the balloon. We're transferring from a sellers' market to a buyers' market.”
“This group of buyers is one of the most loyal groups we have. We want to keep them coming back to Ford dealerships.”
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