In March, US auto sales fell by 12 percent. This statistic is not surprising, considering the economy and soaring gas prices. Interestingly, based on more data from March sales, consumers seem to be considering gas prices when purchasing new vehicles, as Mini (division of BMW) had the biggest increase in sales and Hummer had the biggest drop in sales.
With overall new world car sales dragging, it causes me to wonder if there will be a surge in other options for purchasing cars. Will auto auctions become a more popular way to acquire a vehicle? Will more interest be shown in used cars for sale, such as used auto BMW?
As I am looking for a new car, I will be checking all of the options. I wonder what others will do.
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{democracy:3}
