Amarillo dealers see year-end spike in car sales - KSWO, Lawton, OK- Wichita Falls, TX: News, Weather, Sports. ABC, 24/7, Telemundo -

Amarillo dealers see year-end spike in car sales

Posted: Updated:

Whether it's new or used, millions of people across the U.S. are starting out the new year driving a recently purchased car.

Keeping their lots full and enough staff at the office were actually two of the problems car dealers in Amarillo were fighting toward the end of the month in December. Because despite the nation's fears of speeding off that fiscal cliff, car sales in Amarillo did anything but slow down.

As the numbers keep coming in, car dealers nationwide and in town continue to have more reasons to celebrate.

"December we were up 80 percent over 2011 so quite a big increase as far as year over year sales," said Dean Sather, Owner of CrossPoint Auto in Amarillo.

"New car business is up about 24 percent year over year and used car business is up about 44 percent," added Cory Dupriest, the Senior Sales Manager for Street Toyota in Amarillo.

Among the many reasons for the spike, are people like Roy Martin and their older vehicles.

"I've had my Mustang for about five years and the Honda we've had for about ten or eleven," said Martin. "So it's time for a new one."

The average life of a car in the U.S. right now is eleven years. Local dealers say over time, that buildup creates a demand and now people are finally trading them in.

"The amount of people in the market is definitely going to increase," said Sather. "But we all knew that was going to happen because the age of the cars and the age of the vehicles on the road and the miles has definitely been increasing since 2008."

With more of those older cars being traded in, dealers say they've got a much larger supply than they've had in years.

"The supply of used cars we have right now, obviously with the new car business being up across the board, it generates some really good trade ins," said Dupriest. "And customers are always looking for great deals."

It's good news all around for potential buyers, car dealerships, and the U.S. economy as a whole.

"It seems like a good way to judge the economy," continued Dupriest. "When car sales are up, the economy is usually very strong."

Recent reports show Americans bought about 15.6 million cars this year and industry experts predict they'll buy another 15 million in 2013.

  • Local NewsLocal NewsMore>>

  • Gun shot victim shows up at hospital

    Gun shot victim shows up at hospital

    Wednesday, April 16 2014 11:41 AM EDT2014-04-16 15:41:50 GMT
    LAWTON, Okla._A new shooting investigation for Lawton police Wednesday morning after a man showed up at Comanche County Memorial Hospital with a gun shot wound to his arm. Officers said the victim is
    A new shooting investigation for Lawton police Wednesday morning after a man showed up at Comanche County Memorial Hospital with a gun shot wound to his arm.
  • Day two of Miles Bench competency trial

    Day two of Miles Bench competency trial

    Wednesday, April 16 2014 10:53 AM EDT2014-04-16 14:53:51 GMT
    DUNCAN, Okla._A psychologist who changed her opinion on whether an accused killer was competent to stand trial explained her decision to a Stephens County jury Tuesday afternoon. This was the second
    A psychologist who changed her opinion on whether an accused killer was competent to stand trial explained her decision to a Stephens County jury Tuesday afternoon.
  • Okla.'s US Senate candidates set for panel talk

    Okla.'s US Senate candidates set for panel talk

    Wednesday, April 16 2014 10:43 AM EDT2014-04-16 14:43:03 GMT
    OKLAHOMA CITY (AP) _ Three of the top Republican contenders for the open U.S. Senate seat being vacated by U.S. Sen. Tom Coburn are expected to tout their conservative credentials at a town hall-style
    Three of the top Republican contenders for the open U.S. Senate seat being vacated by U.S. Sen. Tom Coburn are expected to tout their conservative credentials at a town hall-style forum.
Powered by WorldNow
KSWO-TV, 1401 SE 60th Street
Lawton, OK 73501

Telephone: (580) 355-7000
Fax: (580) 357-3811
Email: news@kswo.com

All content © Copyright 2000 - 2014 Worldnow and KSWO. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.