Saturday, April 2, 2011

U.S. Auto Sales Rise Again in March, But Will the Rebound Boost Prices?

March was a good sales month for most car makers, especially Ford, Nissan and Chrysler. But the earthquake in Japan and now this revival in demand, possibly fueled by the increase in U.S. employment, could have an effect on car and truck prices.

Anecdotally, I was in the local Honda dealer today to drop off our minivan to get a recall service and saw two cars on the showroom floor that had stickers with "local market" prices that were above the vehicle sticker. That seemed a bit unrealistic, even given the rise in demand.

Have you seen higher prices in your market or reduced choice?

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