If the investigation of Terra data are accurate, there is bad news on the horizon for buyers of new cars. Early April sales show that the transaction prices of sales of new cars in the United States are at their highest level in 15 years, reflecting an average of only 13% of MSRP discount. This may sound good on paper, but reflects the higher transaction prices since 1996, which is good news for car dealerships but the bad news for consumers. Do not expect things to improve in the near future, as a shortage of Japan little will begin to affect the availability of popular models of various manufacturers. Do remember that the law of supply and demand? As dwindling supply and demand increases, prices go up.
The flip side is that there is now a strong demand for cars used clean, especially compact, more efficient fuel. Terra research found that the current supply of used cars has fallen to just 40 days, which is half of provision reported in April 2010 and 10 days less that the supply was reported in January 2011. It is not a good time to buy a new car, but it sounds like a good time to get your vehicle clean top dollar.
