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In some cases, the deadline caused consumers to choose a vehicle that didn’t best suit
their needs or budget,” says Utah auto buying and leasing agent , Ted Holmgren.

Salt Lake City, UT - “Although Cash for Clunkers was helpful in stimulating the economy and generating sales for dealerships, it wasn’t a “one-size-fits-all” solution.  In some cases, the deadline caused consumers to choose a vehicle that didn’t best suit their needs or budget,” says Utah auto buying and leasing agent, Ted Holmgren. Holmgren works for helpingyoubuyacar.com, a consumer accounting agency that helps people find the best car for their budget.

His friend, Brandon Butler, had already gone to several dealerships the weekend before the Cash for Clunkers deadline to debate trading his “clunker,” a 1998 Mitsubishi Montero Sport, for a new vehicle.  However, as enticing as the incentive was to trade in, such a large financial decision was too important for Butler to decide on a same-day purchase.  “I wanted a day or two to think about the purchase, and the deadline I was up against simply didn’t allow for that.” 

While shopping at a local Subaru dealership that same weekend, Holmgren helped Butler identify a 2009 used Subaru Legacy that was selling for nearly $6,000 less than the MSRP on the same new 2009 model.  “The car was exactly the same, except the used one was a different color, had 16,000 miles on it and cost $6000 less.”  Now that the Cash for Clunkers program has ended, Butler is taking a second look at the used model.

Even after Cash for Clunkers, is it still a good time to buy a car?  “Absolutely,” says Mr. Holmgren. “Dealerships have experienced a temporary boost to sales with Cash for Clunkers, but sales are still down significantly from last year.  Two manufacturers have gone through bankruptcy proceedings and Toyota, once considered impenetrable to hard economic times, has experienced its first net loss in decades.”  Consequently, dealerships are still offering generous incentives and are willing to negotiate.

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Helpingyoubuyacar.com Info:

For those that are uncomfortable with the researching & buying process, professional auto consultants can provide value to first-time car buyers, as well as seasoned car buyers.  “Some people I have worked with simply don’t have the time or energy to initiate and complete a car purchase or don’t feel comfortable with the process,” says Mr. Holmgren.   “I also take a comprehensive approach in crunching the numbers and helping my clients understand all of the pieces that make up the overall transaction.”

About Ted Holmgren:

Ted Holmgren is a Certified Public Accountant (CPA).  Ted has worked in car dealerships and, as an accountant, has provided services to auto dealership clients.   As an independent auto buying & leasing specialist, Mr. Holmgren does not receive any compensation from dealerships, auto manufacturers, or other third parties.  For more information, visit www.helpingyoubuyacar.com. 

If you would like to schedule a consultation with Mr. Holmgren, please call 801-635-6208 or email him at This e-mail address is being protected from spam bots, you need JavaScript enabled to view it . 

Contact:

Ted Holmgren

801-635-6208

 This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
 

http://www.helpingyoubuyacar.com