Leadpile’s Blog

In recent weeks the 3 largest automakers have pulled out of leasing. This seems to be affecting the industry already. According to Automotive News one in every 5 vehicles sold was a lease. This is up from 2003 when 1 out of 3 vehicles sold was a lease.

What might happen with these leasing numbers in the near future? Unfortunately, with Chrysler, their leasing partner Chase had pulled out of offering leases, so this took them away from the leasing arena. Knowing this, that means that a few things we could see starting to happen:
1. Consumers begin to purchase vehicles by foreign auto makers.
2. Auto lenders offer lower interest rates.
3. Longer term auto loans becomes a much more common practice.
4. More motorcycles and scooters sales.

What happens in the up and coming months will most likely determine what the actual affect is, and who will survive these changes.
With these auto industry changes it could also affect lead generation companies. Will it increase the number of consumers going online to get an auto, or will it not really have too much affect on the overall lead generation industry? Time will tell.
Leadpile Auto Lead Exchange will have open arms no matter what the outcome is.

IDEA: Maybe with all the changes going on in the auto industry and gas being so high, Leadpile might want to consider bringing in “scooter” and “motorcycle” leads? ummmmmmm?

Last year first half of 2007, Toyota sold 4.5 million vehicles while General Motors came out winning selling 4.54 million vehicles.  Pretty close in sales.  

2008, first half the year, the numbers have arrived.  Toyota automaker sold 4.8 million vehicles for the first half.  That’s about a 2% increase from the same period of last year while GM sales drop 3% the first half.

With the gas price increase more consumers are staying away from the bigger trucks and SUV’s that GM is well known for.  The percentage difference on Toyota’s increase and GM’s drops are somewhat related.  My theory is that consumers are going after the gas saving cars that gives the more miles per gallon.  GM, being a leader in sales until this half of 2008, should  take different approaches to catch the consumers interest?  Maybe it’s time for the engineers to start developing more smaller cars to bring out, less expensive with more miles to the gallon.

All in all the economy is not doing that horrible as critics are proclaiming.  Look at the sales, they are pretty steady, meaning consumers are still spending and they are still buying new vehicles. 

Great time for Auto Groups to take advantage of leads in a lead exchange.  More cars to sell!