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Report Uncovers $4.7B Opportunity for Auto Dealers
Solving mismatched payment quotes can boost sales, profits
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SEARCHMENUSEARCHSolving mismatched payment quotes can boost sales, profits
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Despite a stronger Q2 market, negative sentiment lingers over weak economic conditions and high interest rates, Cox Automotive says.
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Q1 numbers show they’re trying new tacks to combat the effect of high interest rates, still-high vehicle prices.
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Still worse year-over-year, since prices and loan rates are elevated.
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The category grabs greater share of market as consumers look to save money in challenging financial conditions.
Read More →The three biggest compliance concerns dealers faced throughout the year.
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TransUnion says third-quarter shift driven by inflation, rising interest rates, and continued lower inventories.
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Demand, despite market pressures, remains elevated, keeping supply tighter.
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Edmunds data show how new-model prices ballooned and by how much.
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The used retail active listing volume index reverted back to one at the start of 2023. Currently, the index sits at 0.95 points.
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