Hurricane Sandy damaged over 200,000 cars according to the National Crime Insurance Bureau. That sent many to the showroom looking for a new car. Mike Balise, Vice-President and Owner of Balise Motor Sales, said two other factors pushed sales nationally.
“You are getting a lot more fleet production from the Big 3 that are being bought up by rental car companies,” said Balise. “And I think you also see some resurgence in California, Arizona, Florida, areas that were really hit hard, where people have really done everything they can to avoid buying a car. They’re picking up a little bit.”
Unfortunately, when you break down those national figures, they don’t translate to higher than usual numbers for the local area. Balise said he expects regional sales numbers for November to be roughly the same as last year.
Sandy didn’t hit Massachusetts. And Balise said with the uncertain economy, people continue to hang on to their old car as long as they can.
“If you ask most people out there, they’d rather put the decision off,” said Balise.
Balise said to likely expect flat sales to continue into December and January.
“I don’t see anything major that’s going to affect us in terms of business going way up or way down,” he said.