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Car Buyer Market
A buyer’s market might be a little hard to understand, but basically, it revolves around two key factors: supply and demand. A seller’s market involves those same factors but in reverse. The difficult thing about the auto industry is that in this economy, the whole dynamic can change on a dime leaving both dealerships and buyers confused and uncertain. First, let’s talk about a seller’s market. For a long time, that’s what the auto industry has been. They had the cars, sports utility vehicles, trucks, motorcycles, all-terrain vehicles etc, and the public wanted them. We live in a society that is very much convenience oriented.
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