Aug 30th, 2007 by Frank Mangano
Articles are going out all over, we have discussed this for weeks, sales are down and you can’t find a better time to buy. With the economy on shaky ground, mortgage and housing issues all around us, car buying is not expected to be high on consumers minds. Consumer confidence figures reported by the government show a drop of 6.9% since July. This huge fall off has manufacturers shaking in their boots. If you don’t feel confident about your finances, you won’t buy a new car. Yesterday in an article from USAToday.com car buying site Edmunds.com estimates sales could be off as much as 10% from last August. Automakers are piling on the incentives, take a look at Honda, who used to never do this is now offering incentives. So if you are considering researching and buying a new car start looking. Take your time as this window of opportunity will no doubt last until year end, but don’t miss out. If your in the market in the next 6 months before this all started, you may want to move up your date to start looking. Incentives could save you months worth of payments.
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