"Going to wait until the market settles back down"

[BillVaughnKMC]

I'm starting to see this note in my CRM for the first time through this whole craze. May mean nothing, but...

 

[Jan Evans]

huh I have found the opposite in our CRM. Tapping into our old customers and facebook/craigslist marketplace has generated nearly a third of our traffic. People think now is the best time to buy being they can trade-in there current vehicle at the best price.

 

[BillVaughnKMC]

huh I have found the opposite in our CRM. Tapping into our old customers and facebook/craigslist marketplace has generated nearly a third of our traffic. People think now is the best time to buy being they can trade-in there current vehicle at the best price.

I have heard the same for the last 6 months plus, but my point is that I am just starting to notice these kinds of notes now.

 

[Jan Evans]

I have heard the same for the last 6 months plus, but my point is that I am just starting to notice these kinds of notes now.

Well hopefully that trend your noticing doesn't continue, we need all the car sales we can get

 

[Alex Snyder]

Sounds like Bill's customers are smarter than Jan's

 

[Ryan Everson]

I have heard the same for the last 6 months plus, but my point is that I am just starting to notice these kinds of notes now.

I'm seeing the same thing, and it's the first time in a while that I've seen this many price drop / reduced price badges on Autotrader, Cars.com, and CarGurus.

I think the trend may continue as people become more hesitant with the recent CDC messaging on the delta variant. This summer most Americans thought life was back to normal and now they're realizing that might not be the case.

 

[john.quinn]

Unless the CDC re-institutes rebates and strong subvented leases, I'll remain on the sidelines