Part 5/6:
The automotive market has shifted from a seller’s market, where dealerships could charge a premium for inventory, to a scenario where consumers wield greater purchasing power. As inventories rise, dealers are stepping back from aggressive pricing strategies, allowing for a more favorable negotiation landscape for buyers.
This changing atmosphere gives rise to various opportunities for consumers, particularly for those willing to shop around to find significant savings. As vehicles from various manufacturers become more interchangeable in terms of price and features, the price competitiveness among brands will intensify.