Galesburg auto sales surge despite supply problems; prices jump for new/used vehicles

GALESBURG — At Yemm Auto Group, this is an unusual year. The dealership typically serves Galesburg and the surrounding area, but Sales Manager Justin Wright says their clientele has come from farther out.

In a market with fewer available new cars, Wright says one customer drove up all the way from Oklahoma, to pre-order a car that was on its way to the dealer. 

The reason this man had made the lengthy trip, he says, was because all of the dealers where that man lived were asking for exorbitant prices for that model, asking the buyer for thousands more dollars than were originally agreed upon for the car.

The second quarter of the year — April-June — has been marked by hot weather and an equally sizzling auto market, although some local car dealers say that market appears to be stabilizing. For others like Wright, it is simply the new normal. 

Next Post

COVID-19 Impact and Recovery Analysis | Auto Insurance Market Procurement Intelligence Report | SpendEdge | National News

Wed Aug 11 , 2021
NEW YORK, Aug. 8, 2021 /PRNewswire/ — In-depth analysis and data-driven insights on the impact of COVID-19 on the Auto Insurance Market, predicts that this market expects a price change of 3%-5% during the forecast period.    Find More Detailed Insights on the Trends and Challenges: www.spendedge.com/report/auto-insurance-sourcing-and-procurement-intelligence-report Frequently Asked Questions:  […]