Tuesday, July 26, 2011

What Road Is the Industry Traveling Down?

By Jim Michaud,
President, BusesOnline.com
During these tough economic times, people have a lot of questions. One of them might be about the state of the current used bus market. What's it like out there? Is now a good time to sell?  Is now a good time to buy? What does the future look like?
Though none of us have a "crystal ball", we can look back at the bus industry and learn from history. History tells us that things will get better.  When there are slow economic times, they do get better, and often times, even stronger than before! Economists are saying that our economy is getting stronger and we are on the rise, though slow, we ARE recovering. In terms of the bus industry, this is excellent news if you are buying or selling new or used buses and equipment.  
Whether you're in the market to buy or sell buses, it appears to be the right time.
Prices are steady and buyers are starting to act so that tells us it's a great time to sell buses. Additionally, lenders are more willing to lend, there is a good amount of equipment on the market, and prices are still very attractive, so this indicates it is also a great time to buy buses for sale and equipment.
The sun is shining, and buses are rolling!  People are spending again, and BusesOnline.com has proven to be a great tool for selling buses, with an increase in customers sales. Now's the time to get on board!

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