May 13th, 2008 by Liz Opsitnik
The Commerce Department reported today that retail sales have decreased by 0.2% in April. But, if you take out auto sales, the retail sales number actually increased by 0.5%.
Retail store sales, excluding auto sales, beat the projected percentage increase, reports CNNMoney.com. Sales were projected to increase 0.2%, so the 0.5% increase definitely surpassed that mark.
It seems consumers were buying things like gas and groceries during the month of April, they just weren’t buying cars. This could result in a surplus of vehicles on the lots in May, so now could be the time to get a good deal.
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Don't forget to factor insurance costs into your research. Get accurate insurance rate information on any vehicle and shop for the best deal.
Get real price quotes from local dealerships. Don't buy a car without checking the price first! Pit dealers against each other to get the best deal possible!
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