Attention, all car buyers: The era of cut-rate financing, generous cash-back offers and big discounts is coming to an end.
Eighteen months ago, customers at Jim Snell's Land Rover dealerships
sometimes bought new SUVs that looked just like their old ones.
It's basic economics: High gas prices plus parts shortages out of
earthquake-damaged Japan equals car shortages and higher prices.
Fiat and Chrysler may be growing closer in the boardroom, but the
companies are showing different convertibles at
the NY Auto Show.
Most cars and trucks get recalled at some point. Recalls address safety problems, even if they are minor.
Hyundai Motor Co. said it will guarantee the trade-in price of new cars sold in the U.S. starting May 1.
With shoppers flocking back to showrooms, auto dealers are making money
again and have begun sprucing up reception areas and hiring back
New-car buyers won't like the sound of this, but the days of bargaining may be coming to an end.