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Will The Election Hurt Or Help Sales?

Brian Michael West

Give Away Artist
Jun 1, 2018
49
45
Awards
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First Name
Brian
Hey everyone - tomorrow is the big day!

I’m curious about how everyone thinks the outcome might affect automotive sales at dealerships across the country. Historically, elections have sometimes influenced consumer confidence, which can trickle down to big purchases like vehicles. But it can go either way – increased confidence might boost sales, or economic uncertainty could slow things down.

Is anyone here anticipating changes in buyer behavior? Have you seen any patterns around election cycles in previous years? And do you think this year might be any different given the current economic and political climate?

Would love to hear your insights and any past experiences.
 
Engagement is everything

Think people will hold off on buying for a few weeks?

Traditionally, elections pause people for a day or two. It isn't a pause for waiting to see who the winner is and reacting, it is just uncertainty in the market. People always pause spending due to disruptions and uncertainty. This MFing election has the potential to be like nothing we have ever experienced before. Be ready for disruptions.
 
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Reactions: Richie K
Here are some potential impacts on the auto industry if Trump wins:
  • Temporary surge in EV sales, as buyers may rush to claim the federal tax credit before Trump takes office and potentially eliminates it.
  • Interest paid on auto loans for American-made cars may become tax-deductible.
  • Acting FTC Chair Lina Khan won’t be reappointed, which could lead to a rollback of the CARS Rule.
  • USMCA agreement (formerly NAFTA) might not be renewed in July 2026.
  • A lower likelihood of Chinese EVs entering the U.S. market.
  • Re-approval of oil and gas leases in Alaska, potentially reducing gas costs and decreasing incentives to buy EVs.
  • Elon Musk’s focus could shift away from Tesla.
 
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Reactions: Alex Snyder
Care to do the points of a Kamala win?

We all know that Trump will go full rogue if he does not win.
#GoodbyeDemocracy

Then, buy stocks in
  • The Military Industrial Complex.
  • Big Pharma
  • Big Tech: Apple, Google, Meta, etc (the NSA needs to watch us)
  • $MSOS (the weed ETF)
  • US Oil production gets shut down, US Crude goes up $WTI (West Texas Intermediate Oil ETF)
The old school owns Kamala. The old school needs to die.
(p.s. Old School hates Crypto)