Go Back   Winnipesaukee Forum > Winnipesaukee Forums > Automotive
Home Forums Gallery Webcams Blogs YouTube Channel Classifieds Calendar Register FAQDonate Members List Search Today's Posts Mark Forums Read

Reply
 
Thread Tools Display Modes
Old 03-28-2023, 06:06 PM   #1
TheProfessor
Senior Member
 
Join Date: Nov 2010
Posts: 1,062
Thanks: 17
Thanked 325 Times in 198 Posts
Default Few If Any New Cars

Yes.

I see some at Cantin that are new.

But took trip to Manchester. Drove through the Honda dealership and the Toyota dealership. Did not see one new vehicle. In either dealership.
TheProfessor is offline   Reply With Quote
Old 03-29-2023, 07:42 AM   #2
SAMIAM
Senior Member
 
Join Date: Apr 2004
Location: Moultonborough
Posts: 2,834
Thanks: 326
Thanked 1,625 Times in 561 Posts
Default

Quote:
Originally Posted by TheProfessor View Post
Yes.

I see some at Cantin that are new.

But took trip to Manchester. Drove through the Honda dealership and the Toyota dealership. Did not see one new vehicle. In either dealership.
Was planning on trading in the Avalanche this spring for a SUV Chevy or GM hopefully but doesn't look good if there isn't any inventory
SAMIAM is offline   Reply With Quote
Old 03-29-2023, 08:08 AM   #3
LIforrelaxin
Senior Member
 
LIforrelaxin's Avatar
 
Join Date: May 2006
Location: Long Island, not that one, the one on Winnipesaukee
Posts: 2,813
Thanks: 1,011
Thanked 878 Times in 513 Posts
Default

The dealerships and MFGs are playing games. There is more new inventory then they are showing. it just not sitting on the lots, like it used too.. Through the actual shortage, they have learned that they can charge more for good used cars, if they don't have new inventory sitting on the lot....
__________________
Life is about how much time you can spend relaxing... I do it on an island that isn't really an island.....
LIforrelaxin is offline   Reply With Quote
The Following User Says Thank You to LIforrelaxin For This Useful Post:
Cobalt 12 (04-09-2023)
Old 03-29-2023, 09:05 AM   #4
John Mercier
Senior Member
 
Join Date: Jun 2021
Posts: 2,906
Thanks: 2
Thanked 523 Times in 431 Posts
Default

That should create its own problems.
My understanding is while the dealers make money on the used... the MFGs require them to purchase a tier of new from their production plants each season.

If that is correct, could it cause a swamp of new vehicles that will have to be moved quickly?
John Mercier is online now   Reply With Quote
Old 03-29-2023, 03:16 PM   #5
Descant
Senior Member
 
Join Date: Mar 2006
Location: Merrimack and Welch Island
Posts: 4,004
Thanks: 1,204
Thanked 1,498 Times in 975 Posts
Default No new cars?

If banks are being cautious, and interest rates are getting higher, I would expect dealers to cut back on their floor plan expenses, and banks to do VIN/inventory audits more rigorously.
Descant is offline   Reply With Quote
Sponsored Links
Old 03-30-2023, 09:25 AM   #6
LIforrelaxin
Senior Member
 
LIforrelaxin's Avatar
 
Join Date: May 2006
Location: Long Island, not that one, the one on Winnipesaukee
Posts: 2,813
Thanks: 1,011
Thanked 878 Times in 513 Posts
Default

Quote:
Originally Posted by John Mercier View Post
the MFGs require them to purchase a tier of new from their production plants each season.

If that is correct, could it cause a swamp of new vehicles that will have to be moved quickly?
My guess is no, I think the MFGs have not allowed production to throttle back up, as the supply chain issues have been resolving themselves. That is not to say they aren't producing cars, it just means, that they aren't running at full capacity.

There has always been an over production of vehicles.... and every year there are a swamp of new vehicles that would just sit.... Sometimes a dealer would be them, other times they would be shipped to dealer free of charge as an incentive. My belief is that the over production is not being allow to happen right now....
__________________
Life is about how much time you can spend relaxing... I do it on an island that isn't really an island.....
LIforrelaxin is offline   Reply With Quote
The Following User Says Thank You to LIforrelaxin For This Useful Post:
Cobalt 12 (04-09-2023)
Old 04-04-2023, 04:56 AM   #7
ApS
Senior Member
 
ApS's Avatar
 
Join Date: Jan 2005
Location: Florida (Sebring & Keys), Wolfeboro
Posts: 5,781
Thanks: 2,080
Thanked 735 Times in 530 Posts
Question "Cars" Are Disappearing...

As some may have noticed, I follow car auctions at "Bring A Trailer".

As the name suggests, non-operable cars were featured. But the site was recently sold to a British firm, and it's grown to an international size. Million-dollar cars are not unusual among their offerings. Every so often, they throw in an original 1956 Porsche tool kit ($6,500), a dealer's Ferrari logo florescent sign in plastic ($2,600), or a glass-topped coffee table with a 12-cylinder Jaguar engine as its base.

SUVs are hardly ever seen, but well-kept sedans and coupes ("cars") from the 60s through the 90s are always on the menu. Some are designated "projects", but are very close to a total restoration.

Used Amphicars that sold originally for under $3,000 are now fetching $177,000! https://www.winnipesaukee.com/forums...ad.php?t=28462

Buyers are paying the shipping costs back and forth between Europe and the US. Used Brazilian-made vehicles are selling for more than their used German-made counterparts.

Is this trend towards "cars" (that would've appeared in showrooms decades earlier) a sign that nostalgia has taken root? Or that new cars don't have the panache that older cars bring? Or that repairs are cheaper and faster than new cars? Or that "cars" can grow in value, while most new SUVs do not?

Explain...
ApS is online now   Reply With Quote
Reply

Bookmarks

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 11:01 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.

This page was generated in 0.39545 seconds