|Published:||Jan 31, 2013 10:49 PM EST|
|Updated:||Jan 31, 2013 11:48 PM EST|
It appears auto sales are in overdrive. 2012 was a record year and dealerships expect 2013 to be even better while manufacturers are being extremely aggressive. While many american's are weary of spending because of the new tax rates, dealers say people are still buying plenty of cars.
Arlene Mills and her husband just bought a brand new 2013 Chevy Silverado and they say they got one heck of a deal.
"We want a new vehicle, the price is right and the percentage is fantastic," said Mills.
It seems the story is the same across the board for automobile sales. While consumer confidence nationwide dropped in January to the lowest it's been since the end of 2011, people are still buying cars.
"People have ben hanging on to their for along time and a lot of cars are worn out now," said Victory Layne Chevrolet's Mark Baldassarre.
In 2012, auto sales soared to a five year high of 14.5 million.
"It got really good in '10, it got better in '11 and '12 was just a real gang buster," said Billy Fucillo of Fucillo Kia of Cape Coral.
And now in 2013, analysts expect even higher sales with one of the major selling points being -extremely low interest rates.
"I have been here for 17-18 years and rates are as low now as they have ever been," said Baldassarre.
Mills was able to finance her new truck through the dealership at 1.99% for 72 months.
"I belong to the credit union and that was 2.99 and you cant beat 1.99," said Mills.
Dealers say it's the great financing options and the new efficient cars that has increased traffic in the show room and even for the higher-end cars.
Last year local Rand Rover sales rose 36% and Audi 26% in Southwest Florida.