School is back in session, and the auto industry is taking stock of the summer’s sales. Who were the winners of 2013, and what will the fall and winter of 2013 bring? Read on to find out.
Ford Motor Company, Chrysler Group, and Toyota Motor Corp have already posted enormous gains in August, and as numbers are finalized, Honda Motor Co. and Nissan Motor Co. are expected to also have had a very successful August. Of the numbers known so far, Ford had 12 percent increase in sales in August, Chrysler also had 12 percent gains, and Toyota had a 20 percent gain in their U.S. retail sales.
These enormous sales increases can be attributed to end of summer sales, including Labor Day sales, as well as low interest rates, even for consumers with poor credit. Jesse Toprak, a senior analyst for TrueCar, observed that the “historically” low interest rates were giving consumers more of a choice, that they can “buy more expensive vehicles while keeping payments at affordable levels.”
The good news going into the fall is that many of the car manufacturers who were facing shortages on their more popular models are now catching up with production, so the availability of certain models is no longer an issue. For people walking into their local dealership, they might not see the same price cuts and sales like they did throughout the summer, but with Approved Loan Store, car buyers don’t have to shop around for the best rates and deals.
Step 1, go to ApprovedLoanStore.com and fill out the auto loan form.
Step 2, wait for a phone call from one of our representatives. You will hear back within 48 hours. Schedule an appointment with an Approved Loan Store location closest to you.
Step 3, meet with your special finance representative. They will go over all possible options for you and get you a car you want at terms you can afford!
Are you finally ready to get into a great new or used car? Get started today by filling out our secure online auto loan application here, and for more auto news and buying tips, like Approved Loan Store on Facebook, follow Approved Loan Store on Twitter, and subscribe to Approved Loan Store on YouTube!
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