The housing market has taken a hit as the coronavirus has spread. However, some buyers are still moving forward.The rules facing car dealerships vary from one California city or county to another. Some counties, including Sacramento, are allowing showrooms to stay open. No sales, including online sales, are allowed in the city of Los Angeles, but they are generally allowed in L.A. County and the rest of the state. Gov.
AutoNation, the country’s largest chain of car dealerships, recently laid off 7,000 workers and said it would delay $50 million in capital spending. Penske Corp., which runs another large dealer chain, said it would furlough an unidentified number of workers and delay $150 million of capital investment.
Chad Kelman, general manager at Community Chevrolet in Burbank, summarized the situation succinctly in a phone interview: “Business is s— right now, and the deals are smokin’ good.”
Time for businesses to open.
Now is a Good time to ban cars altogether. Public transportation is the future
How r u going to make car payments when there are no jobs ?
Why are you encouraging people to go out? Plain irresponsible👍
Safer at home and social distance remember? I can’t make deal or do drive test. I locked down at home. And I can’t drive, what is the car for?
They gave a 18% interest offer for 6 year loan. 10k down. Latest Corolla in 2019. Nope. Their worry is their subprime loans that people took.
Gas prices under $1 in some parts of the US. Great time to get a V8.
Need a job to buy anything last time I checked.
NO_townE ari3Sand Let’s get JEEPS! for the summa, summa, summa time!
Only if they offer auction prices!!! MercedesBenz S550 15k. Now that’s a corona deal 😃😃😃😃
should people unable to afford their current car payments buy another
No. Buy an e-bike instead!
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