Analysts Have No Idea If Or When You Will Buy A New Vehicle Again

A year that started off well for the U.S. auto market, with only a subtle down shift expected following years of strong demand, is suddenly shaping up to be a disaster.

The coronavirus pandemic has disturbed the virtuous blend of lofty consumer confidence and low interest rates that buoyed sales in January, February and even early March. Analysts are now all over the map for how low sales will go, with virtually no one expecting a speedy recovery.

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carloslassiter - 3/31/2020 12:16:06 PM

+5 Boost

The good news is I am not putting a lot of miles on that new BMW.

MDarringer - 3/31/2020 2:04:12 PM

0 Boost

Go enjoy it. It's foolish to let a societal psychosis keep you from something you enjoy.

MDarringer - 3/31/2020 12:17:17 PM

0 Boost

Not true: "“There are basically no U.S. auto sales right now,” Adam Jonas, an analyst with Morgan Stanley, wrote in a March 27 report."

Sales are still happening, but more emphasis is on internet sales than ever.

SanJoseDriver - 3/31/2020 11:29:45 PM

+2 Boost

We'll get back to normal eventually guys, everyone just needs to relax and make the best out of the situation. I hope everyone is ready to work their asses off when this is over, we're going to have a lot of economic catching up to do.