High-end car dealership faces inventory challenges

Naples, with its wealthy demographics, can be fairly buffered when it comes to market conditions. But the pandemic has led even some higher-end buyers to be more cautious. Mercedes-Benz of Naples Managing Partner and General Manager David Wachs, for example, says some customers are looking at the uncertainty caused by the pandemic and the upcoming election and deciding to wait to spend their money.

‘When COVID happened, most manufacturing plants shut down for two months or so. When they did open, they opened with a skeptical outlook and produced far less cars.’ — David Wachs, Mercedes-Benz of Naples