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Choose How To Share: Today's Hours: Parts Phone: Sales Phone: According to data from CarSalesBase , 19, examples of the sedan were delivered last month, down by 22 percent compared to February And, naturally, this is leading to hundreds of brand new Accords waiting for their new owners for weeks or months.
According to Automotive News , as of March 1, inventory levels stood at a day supply, which is very high by any standards. Dealers around the United States are reportedly blaming the lack of attractive lease deals, and one unnamed dealer even said Honda is abandoning buyers who only lease.
The booming SUV segment also plays an important role here, as February results for the Nissan Altima and Ford Fusion , for example, are not quite different. Sales of both are down by approximately 25 percent year over year.
The Toyota Camry however enjoys a strong 7. Without the incentive support, the payment from the car [that customers are] trading to the new one — the gap is too large.
They need to do something to bring that closer, and the car will start selling and leasing well again. Automotive News. Home Honda Accord News.