Many consumers are going to car dealerships to capitalize on the cash for clunkers program and purchase a new car for $4500 less, but riding away in a perfectly good pre-owned vehicle. This is due to the fact that a substantial number of vehicles do not qualify for the program.
Dealers are stocking up on late-model used cars because once they get a potential buyer on the lot they want to make sure that they have some that the customer will be attracted to. However this high demand for decent used cars and low supply, because of the ones being crushed under the clunkers program, has driven up the price of used cars.
Decreasing the supply of used cars has also driven up the price of customer’s trade-ins. Therefore it is beneficial to buy now even if your car does not qualify as a clunker to get all you can out of your trade.
Preston Autoplex Used Car and Truck is one of many dealers who are reaping the benefits of the upswing in used car sales. At Preston they have one of the better selections of inventory in the Maryland and Delaware areas due to the fact they anticipated that prices on pre-owned vehicles would sky rocket because of the fact that “clunkers” are now worth $3500 or even $4500.
“The CARS program has greatly reduced the amount of trade-ins we are getting, so right now I have wholesalers paying ridiculous amounts of money for average cars. Even if a car doesn’t qualify for the program customers are likely to an extra grand or two added to their trade,” says Dave Wilson Jr., Vice President of the Preston Automotive Group in Preston, Maryland.
All of these factors are leading to not only a strong performance from new car sales but also used sales during the government program.
About Preston Automotive Group:
Preston Automotive Group services the Delaware, Maryland, Virginia, and Pennsylvania area with Chevrolet, Ford, Lincoln, Mercury, Mazda, Suzuki, Hyundai and Nissan brands. The auto group carries the largest selection of new and used cars in the Maryland, Delaware, and Virginia area. Additionally, the dealership services all makes and models, both imported and domestic cars with ASE certified and factory trained technicians. Preston now does all Maryland State Inspections and also DOT inspections for both Delaware and Maryland.
For more about Preston Automotive Group, visit http://www.prestonmotor.com/
For more information:
Brent Durham
Preston Automotive Group
Internet Marketing Manager
410.673.7171
BDurham@prestonmotor.com
Monday, August 17, 2009
Monday, August 3, 2009
Cash for Clunkers is a Hit: Maryland Car Dealer Sells Over 120 and Counting
The Preston Automotive Group serves Maryland, Delaware and Virginia with great deals on new and used CARS and their participation in the Car Allowance Rebate System has allowed them to sell over 60 new cars, trucks and sport utility vehicles.
The Preston Automotive Group was one of the few dealerships in Maryland and Delaware to offer the car allowance rebate system to customers prior to the release date of the official rules from the National Highway Traffic Safety Association. This strategy proved successful for the automotive group, as they have delivered over 60 vehicles from various franchises such as Ford Lincoln Mercury, Nissan, Hyundai, Mazda and Suzuki.
Preston Ford a dealership associated with the Preston Automotive Group, sealed their first deal July 2, 2009. The first deal was done with a couple trading in their 1990 Ford Bronco for the new purchase of a 2009 Ford Focus. The couple’s trade qualified for a government rebate of $4500 making the purchase of a new focus a steal for Maryland residents Al and Betsy Mullins.
The Maryland car dealer has put together a team of experts on the car allowance rebate system in order to create a system of checks and balances to insure all possible deals under the CARS program are initiated, and no eligible deals are turned away. Preston’s Director of CARS deals, Rick Mikolajewski, stated, “We have already done 120 deals and counting, It is amazing to see some of the vehicles our customers have been driving around in as their primary vehicle, some models I didn’t even know existed have been traded to us under the CARS program.”
Car shoppers from Maryland and Delaware have been desperate for answers to their questions about the confusing stipulations of the car allowance rebate system. Preston Automotive Group has created a “one-stop shop” for customers, with their CARS Information Center serving Maryland and Delaware. At the CARS Information Center customers can find out if their trade qualifies as well as shop for a new fuel efficient vehicle.
The Preston Automotive Group offers 67 models eligible for purchase under the program and has already noticed the increase in customer inquiry since the new bill has become effective and they plan on increased sales starting with the month of July. The program is expected to provide cash vouchers for an estimated 250,000 vehicles and began July 1, 2009 and run until November 1, 2009 or until the funds designated for the program have been exhausted.
To visit the cash for clunkers website please go to: http://www.cars.gov
For more information about the CARS Qualifying Center please visit http://www.carfactsus.com
About Preston Automotive Group
Preston Automotive Group services the Delaware, Maryland, Virginia and Pennsylvania area with Chevrolet, Ford, Lincoln, Mercury, Mazda, Suzuki, Hyundai and Nissan brands. The auto group carries the largest selection of new and used cars. Additionally, the dealership services all makes and models, both imported and domestic cars with ASE certified and factory trained technicians. Preston Commercial Division also has Fully Certified Ford & Cummins Techs.
To learn more, visit http://www.prestonmotor.com/
For more information:
Rick Mikolajewski
Preston Automotive Group
CARS Qualifier
410.673.7171 ext. 6732
RMikolajewski@prestonmotor.com
The Preston Automotive Group was one of the few dealerships in Maryland and Delaware to offer the car allowance rebate system to customers prior to the release date of the official rules from the National Highway Traffic Safety Association. This strategy proved successful for the automotive group, as they have delivered over 60 vehicles from various franchises such as Ford Lincoln Mercury, Nissan, Hyundai, Mazda and Suzuki.
Preston Ford a dealership associated with the Preston Automotive Group, sealed their first deal July 2, 2009. The first deal was done with a couple trading in their 1990 Ford Bronco for the new purchase of a 2009 Ford Focus. The couple’s trade qualified for a government rebate of $4500 making the purchase of a new focus a steal for Maryland residents Al and Betsy Mullins.
The Maryland car dealer has put together a team of experts on the car allowance rebate system in order to create a system of checks and balances to insure all possible deals under the CARS program are initiated, and no eligible deals are turned away. Preston’s Director of CARS deals, Rick Mikolajewski, stated, “We have already done 120 deals and counting, It is amazing to see some of the vehicles our customers have been driving around in as their primary vehicle, some models I didn’t even know existed have been traded to us under the CARS program.”
Car shoppers from Maryland and Delaware have been desperate for answers to their questions about the confusing stipulations of the car allowance rebate system. Preston Automotive Group has created a “one-stop shop” for customers, with their CARS Information Center serving Maryland and Delaware. At the CARS Information Center customers can find out if their trade qualifies as well as shop for a new fuel efficient vehicle.
The Preston Automotive Group offers 67 models eligible for purchase under the program and has already noticed the increase in customer inquiry since the new bill has become effective and they plan on increased sales starting with the month of July. The program is expected to provide cash vouchers for an estimated 250,000 vehicles and began July 1, 2009 and run until November 1, 2009 or until the funds designated for the program have been exhausted.
To visit the cash for clunkers website please go to: http://www.cars.gov
For more information about the CARS Qualifying Center please visit http://www.carfactsus.com
About Preston Automotive Group
Preston Automotive Group services the Delaware, Maryland, Virginia and Pennsylvania area with Chevrolet, Ford, Lincoln, Mercury, Mazda, Suzuki, Hyundai and Nissan brands. The auto group carries the largest selection of new and used cars. Additionally, the dealership services all makes and models, both imported and domestic cars with ASE certified and factory trained technicians. Preston Commercial Division also has Fully Certified Ford & Cummins Techs.
To learn more, visit http://www.prestonmotor.com/
For more information:
Rick Mikolajewski
Preston Automotive Group
CARS Qualifier
410.673.7171 ext. 6732
RMikolajewski@prestonmotor.com
Subscribe to:
Posts (Atom)
