• Will COVID-19 Change Automotive Buying Trends?

    2 monthes ago - By Subcompact Culture

    The Great Recession of 2007-2009 changed the automotive landscape. For a time, people's cash flow was lower and many traded in their big SUVs and trucks for smaller, more compact cars. Although the true impact the COVID-19 pandemic has yet to be seen on North American economies, it's not looking great.
    We've already seen automakers offering 0% financing for crazy-long terms (I saw an ad for 0% for up to 84 months yesterday!), loan forgiveness/discounts, and such. I'm already reading reports of a"cataclysmic" jobs forecast, and many Americans may be getting government stimulus checks...
    Read more ...