Vehicle sales; A view from the other side

[aka$h]

Perhaps less so as interest rates are so low, but holding stock has a cost so, depreciation as well if held for too long, so selling a car with a bit off may have made sense a while ago, less so now depending on the traders need for cash flow.

Most the traders I know own their stock outright, so the interest rate makes little difference. Depending on the type of stock, 3-6 months isn't uncommon to hold onto something but some classics would be held in stock a lot longer than that.

 

[john-f]

At the moment classics are appreciating quite strongly or, at worst, holding their value. Classic car dealers will consequently be in no hurry to sell at a discounted price.