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SAN DIEGO (KGTV) - People looking to buy a new or used car may have to hurry if they want to take advantage of the Coronavirus Pandemic's best deals and discounts.Recent studies from the California New Car Dealers Association show that sales of new cars in San Diego were down by 18.6% in the first quarter of 2020 compared to the same time of 2019. That's better than the state average of 21% but still worrisome for the industry.President Paul Dyke says his dealership saw sales drop in the 10-15% range at El Cajon Ford. But he says the company did a great job of offering deals to bring people into the lots, such as low-interest financing, long term payment plans, and lower prices."Zero percent is always something that gets people moving," says Dyke. "Now for the first time in Ford's history, doing it at 84 months on quite a few of the models really kept things going."The CNDCA says the Pandemic forced the industry to readjust its outlook for the year. They now predict new car sales to reach about 1.5 million in 2020, down from 2.1 million in 2019. If sales stay slow, it could be the worst year for new car sales since the Great Recession.Meanwhile, used cars are flooding the market as rental companies upgrade their fleet.Hertz recently filed for bankruptcy. The company iSeeCars.com did a study on their prices and found that Hertz was offering sales discounts in May that were 43% greater than the discounts they offered in April."There are still plenty of deals to be had," says Amada Lasik from iSeeCars.com. "That's especially true for cars that have been lingering on lots for a while, so we invite consumers to do as much research as they can."Manheim, a company that does used car auctions across the country, says used cars have been staying on lots for longer than usual. According to their data, almost 64% of used cars sold within 30 days back in February. By March, that number had dropped to 53%. The longer a car stays on the lot, the more likely a dealer will offer it at a lower price.Manheim also found that used car sales were down 34% in April compared to 2019, while wholesale used car prices dropped more than 11%.All that being said, experts believe these numbers will bounce back over the summer as restrictions ease.Dyke says his most significant concern for the industry is inventory. Since factories were closed for several months during the Pandemic, dealerships won't have as many cars to sell in July and August.Dyke says the companies will raise prices and eliminate the deals as demand increases while supply dwindles. 2574

SAN DIEGO (KGTV) - Mortgage brokers spent the past week calling and emailing clients around San Diego, telling people it's time to buy."Whenever I see a rate dip like that, my first reaction is to call everyone as fast as I can," says Broker Scott Davenport. "I try to get a hold of as many people that have been on that fence to jump on it as quickly as they can."The frenzy started when mortgage rates dropped .22% on March 27, to 4.06% on a 30-year fixed rate mortgage.It was the biggest single-week rate drop in more than a decade.RELATED: San Diego among top hot housing markets for 2019, Zillow reports"That could mean a savings of hundreds of dollars per month," says Davenport. "Or even hundreds of thousands of dollars over the course of a 30 year mortgage."Analysts say the drop came after the Federal Reserve said it was worried about the economy slowing down. It caused concern among investors, which led to good news for buyers."It's not gonna last," says Davenport. "You never know where the market's going to go. I expect rates to stay low through the summer, but at the same time, I don't expect them to stay low for long."Rates hit historic lows in 2012, around 3%, after the recession and housing bubble burst. Davenport says he doesn't see conditions that would create rates that low any time soon. That's why he's telling people to take advantage of the current rate near 4% now.He says anyone thinking of buying, or of refinancing a mortgage should get in touch with their broker now."Have the numbers run. It's something we do all the time," he says. "We can see if there's a benefit for a refinance with it, with the rate drop for you right now. Or if you're looking to buy a house, get pre-qualified first." 1739

SAN DIEGO (KGTV) — New details are emerging on the latest iteration of plans to turn the quaint but struggling Seaport Village into a local destination.On Tuesday, group Protea Waterfront Development held a news conference on the plans, featuring international developer Bjarke Ingels. "I think the potential, if we do it right, could be comparable to what happened to Sydney when they planned and designed the Sydney opera," he said. RELATED: 467

SAN DIEGO (KGTV) -- Pacific Beach alone relies on over 4,000 hospitality workers, often working overnight hours.Safety concerns while on the job, closing up, or walking home are an unfortunate reality of the industry.“When you’re out there, and it’s dark, and you can’t see any one thing around you, I can’t tell you how vulnerable you feel, because you’re constantly looking around you," said Marian Novak, Director of the Responsible Hospitality Coalition.Novak has worked in Pacific Beach since 1991 and currently does responsible beverage training for servers.She and other hospitality workers signed up for a three-hour class with IMPACT Personal Safety, a nonprofit based out of Los Angeles committed to ending the cycle of violence.Organized by Discover Pacific Beach, workers were able to learn verbal strategies, awareness skills, and fighting skills.“When people are intoxicated, they literally don’t make the right decisions," said Lisa Gaeta, founder of IMPACT Personal Safety. “Our philosophy is that once you know you can physically defend yourself, then it’s easier to talk your way out. But if you’re afraid that you’re going to be hurt, it's not so easy, which is why we always teach fighting.”Attendees at the class say after just an hour they felt more confident and empowered. 1304

SAN DIEGO (KGTV) - One person is dead following a crash involving a motorcycle and a big rig on Interstate 15 near Miramar Way Friday. 142