Jesse Toprak
Jesse Toprak
might
It might be a little more than that.
mode toyota wants
They're in a very competitive mode for the Camry. It's the best-selling car, and Toyota wants to keep that title.
attitudes basically closer customer impact large lower price rid sticker whenever
They basically want to lower the sticker price closer to transaction price and lower the incentive, but not get rid of it altogether. Whenever there are large rebates, it has impact on perception, on customer attitudes and an impact on resale value.
beneficial cash consumers higher interest percent seeing zero
As we are seeing higher interest rates, it's more beneficial for consumers to go with the zero percent than the cash rebate.
coming model people purchase time tough waiting
It's a tough time when you have a new model that people are waiting to purchase in the coming months.
consumers except money quite spent visible
They spent a lot of money on incentives, most of which are not quite visible to consumers except for some lease deals.
easy echo eyes ford toyota
The new sub-compacts are a lot more easy on the eyes than the Toyota Echo and the Ford Fiesta.
cars compact large luxury sales selling
This month, compact cars and compact SUVs are selling particularly well, while sales of trucks, luxury cars and large cars are suffering.
buy consider crisis five gas mode people ready seriously total
This is a total shift. Five years ago they wouldn't have even asked. It's not crisis mode ... but I think if people are ready to buy a new vehicle, they will seriously consider something that is gas efficient.
attribute compact consumer exceeded february interest last month renewed robust sales surprised
February sales are typically much more robust than January's, but some may be surprised that this month even exceeded last February's sales. We attribute this in part to dramatically renewed consumer interest in compact vehicles.
people questions vehicles
Now, for vehicles priced under $40,000, it is one of the first questions people ask.
decline last mainly market sales volume
The market is healthy. The year-over-year decline is mainly because of the exceptional sales volume we experienced last March.