Black Friday Good For Auto Dealers Too
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Southfield (WWJ)- Black Friday crowds aren’t only at local malls and shopping centers.
While thousands of people stayed up late or woke up early looking for bargains on smaller items like clothes or televisions, some others spent their Friday looking for a deal at local car dealerships.
Many dealerships had red and yellow ribbons tied to cars Friday, including at Art Moran Southfield Buick/GMC on Telegraph near 12 Mile.
Sales Manager Dave Webb said the holidays are good for the car business.
“Alot of times at this time of year you’ll find some of the parents or the grandparents who have someone that’s in school and they’ll run into them at Thanksgiving saying you’re driving that, and it’s falling apart in the driveway or leaking oil so they’ll come up and get a pre-owned car or they’ll get a Regal or something that’s under 300 dollars for a lease, ya know that helps the kids going through college,” Webb told WWJ’s Florence Walton Friday afternoon.
Webb says other buyers will treat themselves to a new car as a reward for a long year
TrueCar.com analysts predict car and truck sales in the U.S. this November will be up 11.5 percent from November 2010, but down 4.7 percent from October 2011.