German Automakers Face Profit Declines, Offering Potential Savings for Car Buyers

German automakers like BMW, VW, Mercedes, and Porsche are experiencing significant profit declines, with BMW reporting a 36.9% drop. This downturn is largely due to decreased demand in China. Experts suggest that this situation could lead to increased savings for car buyers.

  • The car market is currently weak, leading manufacturers to prioritize sales volume over price increases.

  • Mercedes' prices can vary daily, while BMW and Audi offer substantial discounts.

  • Porsche is more reserved with discounts, but savings are possible on models like the electric Macan.

  • Experts recommend waiting three to four months before purchasing an electric or plug-in hybrid vehicle for potentially lower prices.

  • Chinese manufacturers offer more affordable electric cars but may depreciate faster.

  • Discounts on combustion engine vehicles are already high, so waiting may not yield significant savings.

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