What Happens to New Cars that Never Get Sold ?
What Happens To New Cars That Don't Sell? If you’ve ever driven by a car dealership and seen the rows and rows of brand new cars, you’ve probably wondered what happens to the ones that never get sold.
Millions of cars are produced every year, not every car is sold. What happens to them? They don’t give them away. If the price is reduced too much it reduces the sales volume of the newer more expensive models.
With each vehicle representing $30,000 or more in retail pricing, the typical dealer doesn’t want to keep these vehicles in stock. Brand-new cars, trucks, and SUVs that aren’t sold can’t just sit on the dealer lot forever; their investment in them is too high. It is natural for a consumer to ask the question, so what do they do with all those cars that sit and don’t sell?
0:00 What Happens to New #Cars that Never Get Sold
1:15 what happens to new cars that don't sell
1:39 how the auto industry works
1:50 franchise law vs #Tesla
2:32 unsold or slow-selling cars
3:11 turning the inventory and floorplanning
4:04 how do deals sell unsold cars - deals
4:35 spiffs or special discounts
5:22 incentives and low-interest rates
5:40 loaner car and used cars
6:04 dealer trades and auctions
7:30 manufacturers with leftover cars - car graveyards
9:01 shrinkage
9:49 Bottom line
10:10 best deal on a car, truck, or SUV
10:40 questions and comments
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with Lauren Fix, @KarlBrauer, and @JavierMota.
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©Automotive Aspects, Inc., 2021. All Rights Reserved.
Видео What Happens to New Cars that Never Get Sold ? канала Car Coach Reports
Millions of cars are produced every year, not every car is sold. What happens to them? They don’t give them away. If the price is reduced too much it reduces the sales volume of the newer more expensive models.
With each vehicle representing $30,000 or more in retail pricing, the typical dealer doesn’t want to keep these vehicles in stock. Brand-new cars, trucks, and SUVs that aren’t sold can’t just sit on the dealer lot forever; their investment in them is too high. It is natural for a consumer to ask the question, so what do they do with all those cars that sit and don’t sell?
0:00 What Happens to New #Cars that Never Get Sold
1:15 what happens to new cars that don't sell
1:39 how the auto industry works
1:50 franchise law vs #Tesla
2:32 unsold or slow-selling cars
3:11 turning the inventory and floorplanning
4:04 how do deals sell unsold cars - deals
4:35 spiffs or special discounts
5:22 incentives and low-interest rates
5:40 loaner car and used cars
6:04 dealer trades and auctions
7:30 manufacturers with leftover cars - car graveyards
9:01 shrinkage
9:49 Bottom line
10:10 best deal on a car, truck, or SUV
10:40 questions and comments
⬇️. Check out our new podcast on all platforms: Total Car Score https://www.revolverpodcasts.com/shows/total-car-score/
with Lauren Fix, @KarlBrauer, and @JavierMota.
⬇️ Check out our NEW Website CAR COACH REPORTS with more car reviews, expert advice, and Car Smarts: https://www.CarCoachReports.com in English and Spanish
⬇️ Social media:
Twitter: https://twitter.com/laurenfix
Facebook: https://www.facebook.com/Lauren.Fix.The.Car.Coach
Instagram: https://www.instagram.com/laurenfix/
MeWe: https://mewe.com/i/laurenfix
CloutHub: https://clouthub.com/laurenfix
⬇️ My Book: ** Lauren Fix's Guide to Loving Your Car - https://amzn.to/3ifDi3j
⬇️ Sign Up for Auto Tips, Tricks & Cost Saving Secrets in our Free Monthly Newsletter: https://bit.ly/3k0P0AS
⬇️. See more Car Coach Reports
Auto News & Car Reviews - https://www.carcoachreports.com
Breaking News - https://twitter.com/laurenfix
Auto Education - https://carsmarts.com
His Turn - Her Turn™ Car Reviews - https://histurnherturn.com/
SUPPORT INDEPENDENT CREATORS
The Fix Family has taken generations of passion, pride & automotive expertise to create unique auto products & books that will keep you, your family & cars safer and running better for years to come.
⬇️. Thank you for SUPPORTING US: https://www.patreon.com/CarCoachReports
⬇️ Our Gear: https://kit.co/CarCoachReports/our-studio-kit
Music by subscription: Epidemic Sound
©Automotive Aspects, Inc., 2021. All Rights Reserved.
Видео What Happens to New Cars that Never Get Sold ? канала Car Coach Reports
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