Tidbits #3
October 17, 2013
Moving into 2014
October 17, 2013
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Market Watch

Stable Markets

 

October is a favorite month because there has been an infusion of inventory generated by the natural maturation of leases and by trades on the closeout of the 2013 models and the introduction of the 2014s. In short, we have a window of opportunity.

There has been a steady supply of lease and rental cars to the wholesale auction arenas. In fact, BMW and Mini have enough cars to sell that they are offering transportation incentives to dealers. Rental car companies have offered free float programs. We haven’t seen this type of activity in five years.

We have seen some good value in the domestic nameplates due to the rental car turnover. Today’s late-model domestics have come a long way in terms of quality and value.

I know that historically we have been attracted to the Asian and European models, but the time has come for careful consideration of some of these domestic offerings.

Unfortunately, if you have a tired-out older car, you are not going to get a lot of money for it. The auctions are bursting with high-mileage cars and there is not a lot of enthusiasm for them in the market.

 

Wagon Heaven and More

 

We actually have a nice selection of hard-to-find wagons in our inventory that we are either selling for our clients or that we found at the auction. All of these are fully serviced and carry comprehensive warranties. Check these out:

– 2006 Audi A4 Quattro 3.2 Avant – all wheel drive

– 2007 BMW 530xi wagon 53k miles- all wheel drive

– 2008 BMW 535xi wagon 52k miles – all wheel drive

– 2010 Subaru Forester Limited 46k miles – all wheel drive

– 2010 Mercedes GL450 50k miles – all wheel drive

– 2011 Audi A4Q Avant 35k miles -all wheel drive

– 2011 VW Jetta wagon 33k miles -rare 6-speed manual

– 2014 BMW 328xi wagon 4k miles- all wheel drive

We also have a very rare 507-horsepower Mercedes-Benz E63 AMG with low miles and all the options that we can offer for less than half its original price. WOW! Check it out: http://www.goganleyauto.com/vehicle-details/8ca64982c0d54f098d5ad61fa5df6144/2008+mercedes-benz+e63+amg+4-door+sedan.html

 

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Winter Storage Program

If you have a special car that you would like to have us care for over the winter, let us know. We will keep it safe and in tip-top shape until you are ready to enjoy it again.

Your car will enjoy:

– climate-controlled indoor storage

– storage preparation including oil change, tire prep, cleaning

– battery tender

– periodic engine start ups, warm ups and roll arounds

– out of storage preparation before you pick up

– reasonable cost