Free DMV Registration Labor Day Sales in Henderson, NV

Valley Auto Mall car dealers are planning to offer FREE VEHICLE DMV Registration this week.  Nevada consumers are anxious to grab the 0% finance rates on remaining 2020 models as 2021 hot sellers arrive daily to dealer lots.  Thanks to high demand and limited supply, prices will be higher than in previous holiday sales. Manufacturers have limited rebates to slow movers.  A lack of new car inventory caused by limited factory output during COVID-19 has pushed late model used car prices higher.

HERTZ offers BANKRUPTCY rental inventory for sale.

Dealer used car sales remain strong with prices leveling off after a meteoric rise in early summer.  Hertz have priced their cars slightly below market, the condition, CARFAX reports and maintenance records should be researched before buying. Dealers, once concerned about a “dumping” of HERTZ inventory into the used car market, now see a slow retail sales approach alleviating pressure without disrupting new car demand.

REPOSSESSION CAR LOANS steadily climbing in 2020.

COVID-19 and continued layoffs taint new car futures.  Auto loan car banks are warily watching repossessions rise as the economy slows.  New and pre-owned vehicle loans are tightening the loan amounts to actual value with 10%-15% cash down.  Warranties and aftermarket add-ons; truck lifts, wraps and custom street trims are limited, not to exceed 110% of loan to value when auto FICO scores exceed 750.