Used cars are sweeping New York … and the reason is “Corona”
Friday – 29 Safar 1442 AH – October 16, 2020 CE
Used Cars For Sale In New York (AFP)
New York: “Middle East Online”
An increasing number of New Yorkers are buying cars because they are avoiding public transportation due to the emerging corona virus; This led to a boom in the used vehicle market, but dashed hopes of reducing congestion in this state, according to “Agence France-Presse.”
Julian Genesto, 35, did not own a car when he lived in Lyon, Rome and San Francisco, and he spent five years in New York without needing one. “Using a car in the city is a nightmare,” he said. It has traffic jams, and finding a place to park it takes hours to search. ” “For me, owning a car was not practical at all, but now it has become necessary, unfortunately,” he added.
A few weeks ago, Genesto bought a family car from a used-car site that enabled him to leave New York with his three children after all cultural activities had stopped there.
“You cannot live in New York when you cannot do something, you have to get out of it,” the businessman explained.
Genesto has replaced weekends in Central Park with trips to Rockaway Beach, and he is not the only one who recently bought a car, but the last in a group of friends who bought cars when none of them had one before the pandemic.
The Mannheim Used Car Value Index, which tracks price trends in the United States, reached an all-time high of 163.7 in August, compared to 141.3 a year ago.
In early June, used-car dealer Chris Styliano was close to emptying his inventory, something that has come close to achieving in his 30-year career. “People used to buy cars only to avoid public transportation,” he said. “Any vehicle in good condition will do the trick.”
Although sales of new cars have increased since June, it is still significantly lower than 2019 for all major manufacturers.
And epidemiologist Magdalena Serda, who bought a BMW Station for $ 35,000, noted, “With a car rental contract with an option to buy, you have to commit to three years.” “When you buy a new car, you lose a lot of money once you get it out of the parking lot,” she said. Buying a used car looked like a better investment. ”
Serda, a mother of a seven-year-old girl, wanted a temporary alternative because she hoped New York City would one day return to normal and be able to ride the subway safely again.
“Everyone hopes that it will be temporary,” Gennesto agrees. “If the situation returns to normal, I think we will sell the car.”
The “Transportation Turnovers”, a non-profit organization working to reduce the number of cars on New York’s streets, indicated in September that traffic was only 9 per cent lower than a year ago, even though most New Yorkers work from their homes. The group has warned that the city could become cramped, blocked and suffocated with cars if no action is taken.
New York Mayor Bill de Blasio, who has declared himself a hero in the fight against pollution, has not put in place any plan to prevent congestion caused by the “Covid-19” epidemic. A plan to ease congestion in midtown Manhattan put in place before the epidemic has also been postponed. The implementation of the plan was scheduled for January 2021, but a new date was set for at least the end of 2021.
“The rush to buy cars today is evidence of the failure of the city’s public transport policies,” Genesto said.
The new corona virus