No one expected that 2020 would start like this, the spread of the epidemic, the stock market plunged, the oil price war and a series of events followed, resulting in the capital market mourning, the heavy damage to the automobile industry is unprecedented, the auto market that was already in a downward trend has undoubtedly become "worse". The stock price of the US auto industry has continued to fall since March, as of the 16th of this month, the stock prices of FCA, General Motors and Ford have fallen to a new low in the past two years, and even Tesla, which has been open for a long time before, fell by nearly 19% at the opening of the 16th, which is also the fourth consecutive trading day of decline in its stock price.
After the outbreak of the epidemic, various analysts from the Royal Bank of Canada and Morgan Stanley made a forecast for the global auto industry, although the institutions are different, but the predictions given are the same, that is, it is terrible... Although we cannot know the final impact of the epidemic on the US auto industry, from the perspective of the realization of the domestic auto market throughout February, March and April will be the darkest moment for the US auto market.
Production and sales fell, stock prices fell, the bleak moment under multiple blows, there was a once-in-a-lifetime opportunity, now will be the perfect time to buy cars at low prices, according to the statistics of the automotive website Cars.com, the inventory of models in 2019 is about 267,000 units, with the US business basically frozen, the prices of some models have been greatly impacted, supported by the Federal Reserve's zero interest rate policy, automakers have launched a large number of stimulus measures, including delayed payments, completing most or all of the formalities online, Now it's even possible to deliver cars to your door, and the point is that all models are discounted and in plenty.
So in foreign countries, what specific policy strategies have emerged to stimulate consumption? The following nine discontinued and previous generation new cars are listed for your reference.
2019 Genesis G70
Nearly half of the G70 inventory is a 2019 model, they are all very good cars, 3.3T big power plus luxurious interior, bronze sports trim and dark gray wheels are a must-have, it is important to note that this car uses summer tires, is not suitable for driving in cold areas, and now also offers customers 0 interest rate loans and deferred payment options, and the price is expected to be 10% to 12% lower than the list price.
2019 Ford F-150
There are about 23,000 19 F-150 pickup trucks in stock, Ford provides a 7-year zero-interest loan, and allows buyers to defer payments for 3 months, this car is not much to say, the best-selling car in the United States, now it is absolutely cost-effective to start, driving a few years to change a Nissan Sentra is not a loss at all.
2019 Buick Regal TourX Sportback
The car has been discontinued, but it's definitely a rare good car, and this time there's an opportunity to seize, a dealership in Everett, Washington, is selling the discontinued Regal Sports sedan for just $13,000, and GM has spent $5,500 to transfer the last 270 stock cars to the market.
2019 Chevrolet Corvette
Chevrolet unveiled a cheaper Corvette C7 model in early December, when the C8 hadn't been on the market, and the car's price hasn't risen since. According to statistics, most of the more than 200 C7s sold are basic 1LT, but there are also a few Z51 and Grand Sport models, many of which are sold at a price of 8,000 or $10,000 below the recommended retail price, the same is true for the Z06, many other models have greater discounts, and even a price reduction of $15,000, plus GM's 7-year zero interest rate plan, it is worth starting.
2019, 2020 Alfa Romeo Giulia
Don't underestimate people's enthusiasm for Giulia, giulia looks like a four-door sedan, but Italian engineers built it according to the standards of racing cars, they invest a lot of money in mechanical structure, this car is fun to drive, but also equipped with hot rotary-phone wheels and black decoration, and the four-leaf clover version is a car that many people have been paying attention to. The clover, which at first represented only a symbol of luck, eventually evolved into a legendary symbol and also represented the invincibility, so regardless of the price, this is an important consideration. There are currently more than 1,600 Giulia cars on the market, and almost every model has discounts.
2019 Jeep Wrangler and 2020 Gladiator
The 20 Jeep Gladiators were going to be $20,000 more expensive when they first hit the market, and Jeep is currently offering a $2,000 cash subsidy and the 2019 Wranglers offering a $4,500 cash subsidy, a rare moment for Jeep fans, Jeep almost never had a discount on the two popular 4x4 models, but Jeep's zero interest rate and 90-day payment delay don't apply to both cars.
2019 BMW M760i
There is very little stock of 12-cylinder sedans in the United States, but that doesn't mean there is no market, and there are currently two dealers selling the old BMW 7 Series, a Twin-Turbo 6.6L V-12 M760i is being discounted, and the 2020 version of the V-12 is currently not discounted, and there is also a used 7 Series in Las Vegas that has traveled 446 miles. You know, the M760i is faster, better and newer than the V-12 Rolls-Royce Ghost, and Ghost still uses the old 7 Series platform, which is priced at 2.5 times that of the M760i.