May 26, 2017
Sales percentages fell below 50% in both Spokane and Seattle this week, a scenario that has been rare to nonexistent in recent history. The month of May has traditionally been a challenge, and as the month sputtered to an end this week, we certainly felt it.
New car sales apparently rebounded a bit during May, while retail used cars sales have been softer. If history repeats itself, June will show a rebound in used cars for us all. All of the dynamics are still in place for a solid and stable used car market heading into the summer months and beyond. There is good anticipation that this Memorial Day weekend will bring lots of new traffic to the lots. Beautiful holiday weekend weather can be tough competition, but I would not be surprised to hear many of you talking about the busy 3-day weekend next week in the lanes.
Good selling to all of you and thank you for your continued support – both in Seattle and Spokane.
Quote of the week:
“In the End, we will remember not the words of our enemies, but the silence of our friends.” – Dr. Martin Luther King, Jr.
Have a great Memorial Day, and take the time to remember those who have served and died for your freedom.