Are Democrats in Better Car-Buying Mood Than Republicans?

U.S. car dealers may see an increase in Democratic shoppers and, conversely, a decrease in Republican purchase intenders because of the results of the Nov. 3 presidential election, says Charlie Chesbrough, Cox Automotive’s senior economist.

“Democrats may be more likely to buy a vehicle” because they’re elated that Democrat Joe Biden is President-elect, he says, even though incumbent Donald Trump has yet to concede.

 

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