Auto Dealer s Record Profit Results From World Chip Shortage, Fewer New Cars Available For Sale, Fewer Choices For Buyers
Editor s Note: Cool your heels and put off buying that new car. Don t settle for one that doesn t quite meet your needs and desires.chips will be become available and cars will once again be in full supply.
DETROIT - April 27, 2021: Ankit Ajmera and Ben Klayman writing for Reuters reported that auto dealer Mike Bowsher shakes his head in wonder when he hears yet another customer at one of his Buick-GMC dealerships near Atlanta has agreed to pay full sticker price of more than $71,000 for a top-of-the-line GMC Yukon XL Denali SUV that is still being assembled at a General Motors (GM.N) factory.
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(Reuters) - Mike Bowsher shakes his head in wonder when he hears yet another customer at one of his Buick-GMC dealerships near Atlanta has agreed to pay full sticker price of more than $71,000 for a top-of-the-line GMC Yukon XL Denali SUV that is still being assembled at a General Motors factory.
FILE PHOTO: FILE PHOTO: Vehicles for sale are pictured on the lot at AutoNation Toyota dealership in Cerritos, California December 9, 2015. REUTERS/Mario Anzuoni
Customers know what Bowsher has arriving by scanning the online inventories of his six stores in the region, and they are often willing to wait more than a week and pay full price to get their desired vehicle.