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Car dealership inventories struggling following Hurricane Ian

Car dealership inventories struggling following Hurricane Ian

by admin
November 24, 2022
in Insurance
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FORT MYERS, Fla. — When Jessica Stafford went to the dealership in October to purchase a brand new automotive, she was handed a bit of paper as a substitute of a set of keys.

“I used to be advised we must wait a few weeks. It was three to 4 weeks, however now we’re right here, so I’m all good,” stated Stafford of Fort Myers.

On Wednesday, she was handed her keys and had her new plates placed on by Hyundai of Fort Myers salesman Vince McNally.

“Vince (McNally) referred to as us and advised us the automotive was right here, and we had been so excited. We love the automotive, and it was an superior expertise regardless of the wait,” stated Stafford.

The automotive that Stafford purchased was shipped after the hurricane from South Korea.

Hyundai of Fort Myers Gross sales Supervisor Aden Hernandez stated proper now, the mixture of hurricane harm together with the dearth of producing because of the pandemic has put a dent within the trade.

“We’ve been lucky that we’ve vehicles just like the one you noticed bought right this moment, however yeah, it’s been powerful. We’re getting so many new vehicles however no trade-ins,” stated Hernandez.

Basic Gross sales Supervisor Rex Moonshower stated the dealership is getting by regardless of the dearth of trade-ins.

“We’re nearly getting none. Perhaps one out of each 10 gross sales are we getting a trade-in,” stated Moonshower.

Progressive Insurance coverage reviews that solely 45% of payback claims have been accomplished because of Hurricane Ian’s impacts.

That means 52 % of insured clients haven’t been paid for his or her Ian-damaged rides.

“A number of clients have are available and haven’t had their claims finalized, and we do what we will to assist them, however it is a course of that may take time to rebound,” stated Hernandez.



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Tags: CardealershiphurricaneIaninventoriesStruggling

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