Strong Car Sales Could Mean Fewer Discounts

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Strong car sales could mean fewer discounts Originally published: September 6, 2013 4:32 PM Updated: September 6, 2013 9:19 PM By TOM INCANTALUPO Photo credit: Newsday / Jeffrey Basinger | Rita Iannuzzi, of Smithtown, checks out a Hyundai while helping her mother shop Monday at Atlantic Auto Mall in West Islip. A new report says registration of new vehicles are up, showing that Long Islanders are in a vehicle-buying mood. (July 29, 2013) Galleries Carmakers and dealers are driving toward another new model year in the best shape since before the recession, with rising sales and truckloads of new product on the way. For Long Island car buyers, though, rising demand could mean less generous discounts. The 2014 model year officially begins Oct. 1, as the calender year 2013 moves toward a close with U.S. sales through August up 10 percent from a year earlier, according to the trade paper Automotive News. In August, sales ran at an annualized rate of about 16 million vehicles — the highest since before the recession began in late 2007. MORE: Data: LI’s most popular cars | Latest car reviews On Long Island, sales through May, the latest local data available, ran 9 percent ahead of the same period last year, according to registration figures from R.L.
This article has been curated from Strong car sales could mean fewer discounts

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This article has been curated from Your Finance: Insuring mobile devices


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