New car sales on the rise - WALB.com, South Georgia News, Weather, Sports

New car sales on the rise

Pete Pines of Sunbelt Fordtown Pete Pines of Sunbelt Fordtown
ALBANY, GA (WALB) -

 More Georgians are buying new cars, and that's a good sign for Georgia's economy. A study by Georgia credit unions found 13.4% of Georgians plan to buy a car this year.

Credit union car loans in the state jumped 15.4% last year.

Sources at Fordtown of Albany say sales increased in January and February, and they believe that trend will continue through the year.

"New car sales seem to be getting despite the economy because the gas mileage gives so much better than the older cars," said Pete Pines of Sunbelt Fordtown.

He believes more people will buy cars once word gets that changes to Georgia's motor vehicle tax law mean you'll actually save money if you buy a new car.

 

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