This is probably bad news for anyone looking to leap on slow-moving stock for below MSRP in the next few years, as leftover cars will likely prove hard to come by even after new car supply stabilizes. It sounds like it’ll be a slow return to anything resembling normal for Toyota, and reading between the lines, I wouldn’t be surprised to see fewer vehicles on dealership lots when everything’s said and done. “They just won’t,” Hollis declared, adding that the advent of widespread digital retailing tools have given consumers a level of comfort with ordering or buying vehicles that are still in transit or waiting to be assembled. Hollis said dealer inventories are likely to remain tight - he noted that Toyota dealerships have been down to a 36-hour supply at certain points recently - for the foreseeable future, but said he doubted that any automaker would return to inventory practices that were commonplace prior to the pandemic. I think we’re going to be in a situation, speaking for Toyota and Lexus, where whatever we wholesaled is what we’ll retail.” “I do not believe we’re going to see growing dealer stock for one more year. “We’re going to be dealing with this for one more year,” said Hollis. So much for predictions that shortages would ease towards the end of 2022, huh? Automotive News reports that Toyota USA sales chief Jack Hollis expects the new car supply shortage to last well into 2023. Toyota Expects One More Year Of Tight New Car Supply Photo credit: Toyota If your morning coffee’s working a little too well, pull up a throne and have a gander at the best of the rest of yesterday. Welcome to The Morning Dump, bite-sized stories corralled into a single article for your morning perusal. All this and more in today’s issue of The Morning Dump. I will never go into another Carvision dealership and will be sure my friends and family do not either! I am considering contacting the BBB as I do not want other people to be taken advantage of as I almost was.Toyota expects new car supply to remain low well into 2023, GM plans another battery plant, Volvo wants to try putting charging stations at Starbucks locations. Anyone considering buying a vehicle here should pay very close attention to the details in the financed loan information as they do a “bait and switch” when you are ready to purchase. I walked in ready to purchase the car, cashier’s check in hand, and left with no vehicle because integrity and sales ethics are very important to me when making any purchase of this nature. And please note the manager, not the salesman, originally stated he was “giving it to me along with a 2 year warranty ”, then he slid the fees (over $2000) into the loan. Each time I questioned I was provided a different answer “Interest rate increase” “made a mistake on the tax and licensing fee” and then he added in gap insurance which I did not ask for and said “he forgot to add it in the quote”. The manager originally quoted 1 amount, and as time went on the financed loan amount continued to go up. My salesman was wonderful, but when it came to making a deal I found multiple errors in the finance quote. Any of the “5 star reviews” must be friends as I agree with all of the 1 star reviews. That car was for my wife, I am looking for another car for me but will never buy from Car vision. Month and a half later they called me to get the SS No., I was told it was needed to get the plates, which means for month and a half they were just playing games with me. Every time I went to them they will blame DMV, I knew they were lying. I was promised they will get the plates before temporary tag expires but it took me 5 trips to the dealership and 2 fights with them before I could get the plates. I had to go back on another day, repair was not satisfactory but I had no choice but to accept it. When I went there on my appointment I was told by the manager the guy I talked to no longer works for them and the car can not be fixed on that day since it is not in their computer. Finally one guy picked up, I explained him the problem and he gave me an appointment to bring the car to their repair department on a specific day and time. I was given for repair maybe 15 times, no one will pick up and no one returned my calls. Thinking it is a minor issue I took delivery of the car but their repair department gave me a run around.
#MAPLE MOTORS CURRENT INVENTORY AND PRICING DRIVER#
Car needed a small repairs on the driver seat. I purchased a $ 30K car from them, when selling they were very sweet but later on they showed their colors. I am driving since 1983 and have purchased and sold numerous cars, my experience at Car vision Maple Shade is the worst.
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