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New car buyers ordering off lists

If you are looking for a new car, patience and lists are the operative words this summer.  The current lower supply of new vehicles along with high demand means a challenge for consumers.  According to Cox Automotive, the national new vehicle inventory was at a record low 25 days' supply to start the month of July.  Jesse Yahnke, sales manager at Jorns Chevrolet in Kewaunee, says consumers are better educated today and are willing to wait to get what they want. He notes that many potential buyers are coming into the showroom asking to see the list of new vehicles on order for delivery to the dealership. 

 

 

Yahnke notes that vehicle prices with rebate offers are locked in when ordering and not at the time of the delivery date.  The average transaction price for new vehicles in June nearly equaled the manufacturer's suggested retail price nationally.   

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