Waterloo Public Library Digital Collections

Waterloo Chronicle (Waterloo, On1868), 23 Mar 1988, p. 10

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PAGE 10 â€" WATERLOO CHRONICLE, WEDNESDAY MARCH 23, 1988 Hatch noted that Waterloo Dodge Chrysler ha > an overall goal for a 15 per cent increase in 1988 whicn he expercts to be reached. ‘"‘There‘s no reason why not," he commented. ‘"‘Medium sized cars are more popular," Newman commented, referring to those that cost about $15,000. "I couldn‘t say if any one brand is more popular than others," Kassik said. Volz noted the Toyota Corolla, starting at about $11,500, and the Camry, at about Don Newman, office manager for Schlueter Chevâ€" rolet Oldsmobile, said 137 new cars had been sold in the first two months of 1988 compared to 145 in 1987, and 150 used cars in 1988 compared to 151 in 1987. Used car sales were slightly ahead of last year‘s, said Barcley Cox, sales manager at Dueck Motors. Kassik said he expects a "continually upwards trend" in the future. Other dealers agreed; Volz said the increasing population provides a fairly constant market. Newman said he expects the market to remain constant because "people always need transportation." Back Sufferers. You‘ll never read any genuine é|-Z-£g ROCKERâ€"RECLINER has dozens of relaxing positions. Find the one to suit you and enjoy life again. LAâ€"Zâ€"BOY GALLERY ig You for 28 Years N . free Parking Front and Rear $15,500, are the most popular models and the "up and coming‘"‘ vehicle is the 4â€"Runnner, at about $17,000. The $15,000 Dynasty at Waterloo Dodge is selling well, Hatch said. The Ford Tempo and Mustang, both at around $11,000, are favorites at Parkway Ford, Hasler commented. While business tends to be cyclical and there is a possibility of a downâ€"turn in the economy, Volz said, but he believes this area is "fairly well insulated" from possible problems. He cited the diversification of business, continued investment, and a growing populaâ€" tion reasons for a constant market. Used cars are sold in all price ranges Cox said, but said most cost between $5,000 and $10,000. ANTIOUES Refurbished to their original state QUALITY ANTIQUES ... WE ALSO CARRY REPRODUCTION FURNITUPE VIEW OUR SELECTION No Dip* furniture stripping 604 BELMONT WEST GOOD THROUGH MARCH 26 OdySo:anonSwd-oshonhud\mw:f;on'wcgm ystem. it frees pto‘oucond to dou'y Ehld wmrmmhwmmmwcm Mn apruings Dacits Peumals use Shet Snaie thai: Reoton o ovalobh n mherticed portrait packuge 2â€"8«10s, 3â€"5x«7s, 15 wallets* and 3 portrait charms YOUR CHOICE of traditional induties $2 00 depost backgrounds. Recessions in the car business tend to run in 11â€"year cycles, Hatch explained, and the last one was 1981. He doesn‘t expect a recession until 1991. Hasler agreed with Volz that a recession won‘t adversely effect this area, but he also doesn‘t predict one. Kassik suggested the media was overplaying the fear of a recession â€" he doesn‘t expect one, either. _ *"You‘ve got to think positive in this business," Hatch said. Cox expects no problems in the future but added that if there was a recession it would be new car dealerships wha would suffer first. New cars are more of a luxury and in the event of a recession our business would probably increase, he said. Use your Sears Cord! Advits & families welcome . Each additional Studios located in Sears retail stores

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