“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.”
“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.”
“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.”
“The Iran situation is not going to go away so I see buyers coming in at the dip.”
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