Tag: interest rates
Working with Subprime Shoppers Part of the New Normal?
The US economy will rebound, as it always does. Between today and an eventual stabilization, there are bound to be significant challenges for business...
Nominal Gains Only Tell Part of the Story For July 2019...
According to NADA, overall new light-vehicle sales took a small hit in July. Unit sales for the month came in at 1.39 million. Even...
June Sales Results Meet Expectations as Dealers Invest in New Pricing...
While the final numbers are still slated to come in, June's sales results are estimated to bring 2019's SAAR to between 17 million and...
10 of the Coolest Cars Under $20,000 for 2019 from Kelley...
There are some cool cars getting on the road this year, and by cool we mean fun, techy, versatile and affordable. Those are the...
April’s Auto Sales: Upswing in Luxury Vehicle Demand
March was deceptively positive. The month had a slightly stronger showing than analysts originally predicted. While most automakers floundered, the month ended with a...
Rising New-Vehicle Prices Lead to Boom in Used-Vehicle Market
As new-vehicle prices continue to rise, so do interest rates. To compound the issue, manufacturers also seem to be getting stingier with incentives. This...
Auto Loan Interest Rates Continue to Soar
Auto loan interest rates continue to go up, according to a recent Edmunds analysis, with rates reaching their highest in a decade. Looking at...
High Prices and Concerns over Tax Refunds Cause Auto Sales to...
As the nation goes through yet another winter freeze, the cooling effect seems to have also extended to the auto industry. Overall sales in...
Combating Rising Interest Rates, Managing Vehicle Inventory, and Reducing Your Margin...
Every dealer knows that as your vehicle assets depreciate, your profit margins begin to shrink. The two major causes of inventory depreciation? Age and...
Economic Trends Indicate that 2019 will be a Good Year for...
During the recent NADA Show in San Francisco, National Automobile Dealers Association senior economist Patrick Manzi held a press briefing to outline the economic...
