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Used Lots Getting the Business
Many consumers are seeking out the units to save money, and the demand – higher in July than normal – is keeping supply limited and prices up.
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SEARCHMENUSEARCHMany consumers are seeking out the units to save money, and the demand – higher in July than normal – is keeping supply limited and prices up.
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Trump policies are making waves in different directions.
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Kerrigan Advisors report shows robust activity along with vehicle sales, expects another healthy year of transactions.
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Overall sales fell while $100K-plus models sold like hotcakes.
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Black Book was monitoring the effect of trade tariffs and consumer tax refunds on used-vehicle prices.
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Q4 data show they figure largely in the transactions with their significant cost savings.
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Kelley Blue Book analysis has top 10 retaining more than half of their value after five years.
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Cox Auto analysts see added costs for automakers, unpredictability drags on demand due to new price inflation.
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Incentives drive streak as dealer profits keep falling from pandemic-era highs.
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