TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%


Pre-Owned Sales

The number of trade-in consumers with negative equity increased in Q4 2023, underscoring the headwinds facing used vehicle buyers.

Negative equity sets new record in previous-quarter’s used vehicle market

- March 25, 2024
Negative equity in the used vehicle market grew in the final months of 2023, underscoring normalizing trends in the preowned segment. Edmunds noted high levels of trade-ins worth less than the...
Articles Sales & Marketing
Used vehicle sales rose throughout February and heading into March thanks to higher tax return values and surging demand.

Used vehicle sales rocket forward thanks to tax season

- March 19, 2024
Used vehicle demand continued to surge through February and into March, pushing inventories down as dealers adapt to consumer behaviors. Dealers sold 1.49 million used vehicles over the course of February,...
Articles Sales & Marketing
Discover how DCD Automotive Holdings' acquisition of a pre-owned superstore reflects growth in the resilient used car market.

Why this dealership group is expanding its used car operations – Shawn Hanlon

- March 12, 2024
At a time when large retailers are closing many pre-owned locations, family-owned and operated DCD Automotive Holdings announced that they have purchased a pre-owned superstore. On today's episode of CBT...
Sales & Marketing CBT Now
Used electric vehicle prices are falling much master than the average preowned car, largely due to strategies adopted by Tesla.

Tesla leads the pack as used electric vehicle prices plummet

- March 11, 2024
Used electric vehicle prices have plummeted over the last year, driven primarily by Tesla and its efforts to spur demand with better affordability. According to automotive analytics platform iSeeCars.com, the average...
Articles Sales & Marketing
Used vehicle values began to dip in the first weeks of February but made resounding improvements heading into March.

Wholesale used vehicle prices rebound in late February, sales jump 18%

- March 7, 2024
Wholesale used vehicle prices dropped in the first days of February but rebounded just before March, according to the latest Cox Automotive Manheim Used Vehicle Value Index. Preowned car prices at...
Articles Sales & Marketing
To understand our current 2024 tax season, we first must go back and remember what laid the foundation for the house we're living in today.

Tax season: the strategic play in a dynamic market

- March 7, 2024
We are two years removed from the height of the pandemic and the automotive market has never been more volatile than it is now. Certainly, there are dealers still making...
Sales & Marketing Articles
Wholesale used vehicle prices declined from January as did supply, possibly signaling an unexpected surge in pre-owned demand.

Wholesale used vehicle prices dip in early February but demand rises

- February 20, 2024
Wholesale used vehicle values declined in the first two weeks of February, following similar drops in listing prices and inventory levels seen across the pre-owned market throughout January. According to Cox...
Articles Sales & Marketing
According to vAuto Available Inventory data from Cox Automotive, unsold used car inventory closed higher in 2023 than it did in February. 

Unsold used car inventory increases, driven by higher sales and lower prices

- February 19, 2024
According to vAuto Available Inventory data from Cox Automotive, unsold used car inventory closed higher in 2023 than it did in February.  At the beginning of February, there were 2.33 million...
Headlines Sales & Marketing
Used car dealers have implemented new strategies to source inventory and keep sales high in the post-pandemic economy.

Rethinking used car management in a post-COVID economy — Josh Callahan | Ally

- February 15, 2024
Facing fluctuating supply chains, shifts in consumer preferences and normalizing trends, used car dealers have implemented new strategies to source inventory and keep sales high in the post-pandemic economy. Here...
Driving Solutions Sales & Marketing
Len Short shares strategies to profit from discounted aging car inventory as dealerships enter discounts on the recent Inside Automotive.

How dealerships can more effectively manage inventory risks – Len Short | Lotlinx

- January 30, 2024
Dealerships are in a critical phase as discounts are being applied to aging car inventory. Len Short, the Chairman and CEO of Lotlinx, speaks with anchor Jim Fitzpatrick on the...
Sales & Marketing Inside Automotive


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