and then have to start spending money on repairs.” “With a used car, nobody wants to lay out $20,000. “People buy a new car because they know they are not going to have to do anything with it for a while except change the oil and put gas in it,” Galvan says. Those in the market for a vehicle have many things to consider, Galvan said, because sometimes buying new can be simpler.
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“If we had a lot full of cars we could sell for $5,000 consistently, we would.” “Not everybody wants to spend $40,000 on a truck, and not everybody is looking to spend $5,000 on a vehicle,” he says. There is a price range for everybody, Galvan says, and a lot of the feedback he and his employees get from customers is that they are looking for a vehicle in the $5,000 to $7,000 price range - something his business does not have. “The bottom line is it has to be something we traditionally sell, and it has to fit the qualifications as far as its condition.” But we have to be more selective to find a good high-mileage vehicle. “We are buying vehicles with higher miles if need be in order to keep the price down. “We try to be more open-minded,” Galvan says of finding inventory. Galvan buys his inventory from just about anywhere - from dealerships who can’t sell a particular model to auctions or even people off the street.
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“They will tell you when those (chips) become available they will install them, but a lot of people say they will just buy a used (car instead) that further enhances the shortage of used cars,” he says. Often these chips get added on once a new vehicle is purchased, Galvan says, but this does not appeal to buyers. “Now that’s up to about 7%, and that can make a difference for people.”Ĭomputer chips for certain parts on new vehicles have been an issue in production.
“The interest rate on average a year ago was around 3% for loans,” he says. He has seen this have an impact over the past year. Interest rates for loans have played an important role as well, Galvan explains. “That all contributes to why pricing has gone up.” “It’s sort of a vicious cycle, but there are fewer used vehicles out there in the market,” Galvan says.
Higher gas prices, interest rates and inflation all happened at once as well, which has slowed sales of available new vehicles. Galvan thinks part of the reason used vehicles are in short supply is due to the lack of production of new vehicles, which slowed because of ongoing supply chain issues and worker shortages.
“One hundred percent of the donations go to medical supplies, food and clothes for Ukrainians.”Īllen Hawk and Mike Shook, both of Butler, said they attended the fundraiser in support of those suffering during the invasion, and of the owners of the restaurant, who are Ukrainian descendants.Used vehicles are ready for purchase at Lyndora Auto Sales in Lyndora, Butler Township, on April 10. “I spoke with the president of Brother’s Brother, who said he was talking with the Ukrainian embassy,” Pawk said. Pawk said the money raised from the fundraiser would go toward the Brother’s Brother Foundation in Pittsburgh. Some left without food, stopping only to drop off checks for the cause. “The response from Butler has been incredible,” co-owner Mike Pawk said.Ĭustomers crowded the bar and restaurant, urging waitresses to “keep the change” when paying their bills to contribute. A Facebook flyer advertising the food, T-shirts and the basket raffles promised at the event quickly circulated the website. The fundraiser was intended by the restaurant owners to be a low-key affair for the community to contribute to Ukrainians affected by Russia’s invasion. Wednesday, the Lyndora Hotel opened to customers for its Open Mic Night, offering takeout halupki, pierogies and kiffles, with proceeds being donated to those in Ukraine.īy 5:30 p.m., they were sold out of meals and “Stand With Ukraine” T-shirts, but people continued donating to the cause.
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