I wonder how long some of the dealers can hang on with the drop in sales..?
If they own the stock and have had it since last year, or longer, as some seem to have had, it becomes a huge liability. If the cars are on borrowed money they're even more of a problem.....! They've also got the factory making them take new car stock, and pay for it....!
The SOR cars just need the owners to face the reality of the situation and drop the price if they want to move it on.
Perhaps potential buyers are waiting for the bottom of the market before they buy...!!??
It's an odd market situation, very few buyers and overpriced stock, it can't last, something has to change, but I can't see a massive influx of new buyers any time soon.....🤷🏻♂️
