If you plan on buying a used funeral car this year, then the time to buy is now. According to Kelley Blue Book, used car prices – and that includes hearses – will increase by 3% to 5% in the first quarter of 2012, and they’ll continue to climb well into the second quarter as well.
Every dime you spend on vehicles for your fleet means less profit for your funeral business. That’s why buying earlier can save you a bundle.
Kelley Blue Book is the go-to source for new and used car values and has provided an excellent service to auto consumers for many years. If they say prices are going up, then I think the wise consumer should believe them. According to KBB, trade-in values for full-size vehicles went up .5% during one week in January 2012 alone.
With used car prices on the rise and gasoline prices on the rise, you’ll have to look for value somewhere in managing a fleet of funeral cars and hearses. You’ll have to look for places to save money to increase your bottom line. You don’t want that to be in maintenance.
Therefore, buy your used funeral car earlier and you’ll save money on the purchase price. That will affect your profits as well.