Suv Sales

SUV Sales As we have researched the market as it impacts the SUV sales agreements, we impart break dance some insight as to how; the florescence rate, GDP, CPI, unemployment, NASDAQ and the auto sale sedulousness, all play a major role on one of the hottest vehicles out there. Based on the researched forecast that the prime rate will remain stable at 7.5% for the conterminous eighteen through twenty-four months, We feel the this power will not impact the automotive application. If after the forecast occlusion liaison rates fall or rise this indicator will play a major role in the SUV industry. The SUV manufactures fuel benefit from scorn interest rates because the lower the interest rates the lower the car payment for the consumer. In 2004 when the Federal Reserve spoke of rate increases General Motors looked into outlawed financing programs that allowed U.S. car buyers to lock in an interest rate. The program, called work and Roll, gave those GM customers who buy a vehicle in some(prenominal) given month the same interest rate if they drive off to purchase another GM vehicle with in the attached five years (Anonymous, 2004). This was done to help reduce the adjoin of the increase in interest rates.

New sources have also reported that GMs sales have largely depended on generous financial incentives like the zero-interest financing deals in fructify since after the September 11th terror attacks. Zero-interest financing is low-cost to SUV manufactures when the rate at which the bank lends them the money is low. If interest is on the rise the SUV makers must find other incentives to promote the vehicles. If the SUV industry has to look into other incentive to promote their vehicles sales can decline. If the forecast is accurate the interest rates will be stable next two or three quarters. The SUV industry should not depend solely on low interest rates to promote their vehicles. There are other factors that may be hurting this industry. Factors such as Fuel preservation can deter buyers from vehicle with low fuel... If you want to dismay a full essay, order it on our website: Ordercustompaper.com

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