August 13, 2013

Auction Action

What’s Hot and Not a Deal Pickup trucks of all sizes are off the charts right now and it just doesn’t make sense to buy a late-model used one when manufacturers are throwing so much incentive money at the new leftover 2013s. Late-model, low mileage Crossovers, Minivans and midsize SUVs are pretty hot as well, especially the offerings from GMC, Jeep, Toyota and Honda. We have to evaluate each of these on a case-by-case basis to determine whether there is value for you. Where are the Deals? There are some great values in the pricier segments of the market – BMW 7 series, Audi A8s and the heavy SUVs – BMW X5s, Mercedes GLs, Land Rovers and Porsche Cayennes. BMW 3 series sedans are plentiful and cheap – in fact, BMW Financial Services has introduced incentive programs at the auction for all dealers. Nissan products are cheaper and more available than Hondas and Toyotas. The off-the-radar Infiniti M37 is an interesting value. Any late-model European vehicle that has had its warranty expire because of miles can be a serious bargain – just because they have some miles on the clock doesn’t mean that you cannot take advantage of all that engineering for short money.  Acura MDXs continue to be undervalued … you can get so much vehicle for not a lot of money.
August 13, 2013

Happy Summer Everyone!

Facebook, LinkedIn and Twitter are buzzing Check out the action on our social media sites where we are now posting interesting info about the automotive universe. We will be posting directly from the auctions on Twitter by giving updates on pricing trends and perhaps posting some photos of interesting vehicles being offered. Since we are just getting started on Facebook, please “Friend” us and any “Likes” you can send our way are greatly appreciated  and deserve a great big “Thank You”!  Sorry about the shameless begging, but we got a late start with this new way of communicating. New Vehicle Buying Program Fully Launched and Smoking Hot! We will help you find and buy a new car without the dealership hassle! We hope everyone is enjoying their summer – can’t believe we are already through the first weekend in August! In the past, a number of you have asked us to step in and negotiate a new vehicle purchase for you.  Depending on market conditions, it sometimes just makes more sense to buy the new car, rather than going for a used one. We recognize this opportunity and have counseled many of you in the past to buy new. In the spirit of being your full-service advisor on all things automotive, we have launched this new service and some of you (check out Kerry’s testimonial) have already embraced it wholeheartedly – Thank You! The fears, doubts and insecurities, plus all the time and aggravation that one encounters in the dealership process, are […]
August 13, 2013

Wholesale Prices Remain Low!

So what is going on in the markets? This is a very interesting market with some terrific used vehicle opportunities, along with the traditional end of model year sell off for the new 2013s. As we close out August and dig into September there will be some new vehicle closeout sales that might make sense that we should analyze with you. There will also be some deals that might look good at first glance, but could prove to be poor choices down the road. We are here to help you navigate through those decisions. The new car market certainly heated up in July with Honda, Toyota and GM leading the pack with impressive sales gains over the same period a year ago. July sales were at a 15.8 million per year rate, which is closing in on the pre-recession numbers posted in 2007. Kelly Blue Book reports that used car prices are falling from the high levels that we began the year with.  “Auction values began an early decline in April and since have declined below levels seen in 2012 and 2011,” according to KBB senior analyst Alec Gutierrez. “We expect this depreciation to continue through the remainder of the year.” Jonathan Banks, NADA’s executive automotive analyst, reports that “a growing supply of 3-year-old vehicles is applying downward pressure on prices for late-model used vehicles.”  Edmunds.com predicted used prices would increase in the spring, hold steady during the early summer months, and then decrease thereafter. You can check this out athttp://www.edmundscom/industry-center/data/used-car-market-quarterly-report.html According to […]
June 10, 2013

The Times They Are A Changing… New Vehicle Buying Service, New Name, New Face, New Website, New Social Media

New Vehicle Buying Service? That’s right – we have officially launched our service to work with you to buy any new vehicle anywhere in the country. There are a variety of options for you to choose with the new car buying program. Give us a call and we can walk you through it. New Name and New Website! We also have changed our name to Ganley Auto Advisors to more accurately reflect what we do. Our new website www.ganleyautoadvisors.com introduces not only our new name but some new features including regular news feeds on our blog page, along with informative and current videos that help define what we do, how we do it and why we do it. A New Face! We are thrilled to introduce Kessa Glisic as our Communications Director. She is a certifiable whiz with personality who will be keeping things clear, organized and on task. Whatever you do, leave your dogs at home because Kessa will spoil them with love. New Social Media Commitment: OMG! Our social media involvement in the past has been unengaged, to say the least, and many of you encouraged us to get with it and let folks know what we are seeing in the automotive universe in a more direct and timely manner. Consequently, we have rebuilt our Facebook page, www.facebook.com/pages/Ganley-Auto-Advisors (please Like Us), LinkedIn page, http://www.linkedin.com/company/915216?trk=tyah (please Follow us), Pinterest, Yelp (please Endorse us) and YouTube. We will be updating these sites pretty much daily with the interesting stuff that […]