![]() A compact sport utility or sport utility in general is still fulfilling their needs.”Īverage transaction prices rose to $45,598 for new vehicles and $28,607 for used vehicles in October, a 14.3% and 27.4% increase year over year, respectively, according to auto information website Inc. Some people love trucks and want trucks, and they are realizing they don’t need the truck because they’re not hauling. ![]() “We encourage people to do their research. “Most of our customers have opted to the preowned channel: late-model, low-mileage vehicles that fit their needs,” Mojica said. ![]() If a desirable vehicle isn’t available, there’s flexibility on extending leases, and customers whose vehicles don’t expire for another six months should starting thinking about ordering now as wait times can be four to 12 weeks. ![]() Deals depend on manufacturers, but employee discounts help protect customer pricing, said Carlito Mojica Jr., retail development senior manager of LaFontaine Automotive Group, which has 29 dealerships in Michigan. ![]()
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