Price SLASHER Event - October 25th

This October 25th, starting at 8:00am, we have been able to book in the Price "SLASHER" that travels from East Coast to West Coast.

This event will feature 425 vehicles that will have the prices SLASHED before your eyes. Over 100 Vehicles will be SLASHED in price below $10,000! Dozzens below $6,000! Even cars for $99.00 will be sold!

Due to the tremendous savings and demand for this event that happens only once every 3-4 years, pre-registration is required.

Friday, October 24th Deery Brothers will hold a sneak peak from 6-9 pm. At this sneak peak, you can also pre-register for the SLASHER event on Saturday.

For additional information on the "SLASHER" event, be sure to go to: http://vehiclepriceslasher.com/

Amid the BAD NEWS from Wall Street...

Amid all of the bad news from Wall Street regarding tightening credit or lack of credit available a local business chimes in. Deery Brothers in West Burlington has been in business since 1909 and has seen many economic cycles and how it has effected the automotive industry in the last 100 years. In 1912 the first loans were available for the consumer to purchase a new vehicle and by 1928 almost 65% of new cars were financed. This has not changed amid the recent financial turmoil on Wall Street according to Brad Deery, president of Deery Brothers in West Burlington. “We have over 20 different lenders available and many have contacted us daily looking for business.” Mr. Deery states. “Many lenders including Toyota Financial Services and Nissan Motor have had record sales and profits in the last couple of years and have ample lending ability for consumers and businesses.” According to Terry Mertens, general manager, most of the finance institutions Deery Brothers works with are continuing to grant loans up to 125% of retail values on new and used vehicles. Which to the consumer that means buying a vehicle with no money down and in some cases being able to trade in a vehicle that they owe more on than the actual value. “Many of these loans are granted to individuals with less than perfect credit at very favorable terms.” Said Mr. Mertens. “With the Federal Reserve again lowering interest rates on October 8th it really will take the pressure off of these lenders. Matter of fact many of the automotive financial branches of the auto manufactures, such as Toyota and Nissan did not even feel pressure from the sub-prime mortgage problems as they are insulated from the mortgage branches.” In light of the problems happening in certain parts of the country it is refreshing being here in the mid-west where we have been somewhat insulated from some the rest of the country. Our unemployment in Iowa was at 4.6% in August well below the national average, and according to Terry Mertens, general manager we are currently need to expand our staff by 40% to meet current demand. With 95.4% of Iowans working Deery Brothers is here to assure them that with sales down in other parts of the country and loans available for almost everyone it truly is a buyers market with savings as high as $12,000 off MSRP or 0% loans available up to 72 months.