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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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AE Magazine
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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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The automotive retailer’s Q1 2021 adjusted earnings skyrocketed 207% year over year with adjusted earnings of $2.79 per share.
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This month, tens of millions of federal stimulus checks hit bank accounts across the country. If last year is any guide, many of those will wind up being used to buy powersports vehicles of one type or another.
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The market continues to increase, but the rate of weekly gains has slowed while still remaining at levels that would be record-setting by any historical comparisons.
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Agent Summit 2021 will take place at the Bellagio Las Vegas, August 29 – Sept. 1.
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This past week did not set another record, but the market is still experiencing week-over-week increases that are in record-breaking territory.
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Annual depreciation forecast for 5%; Auto ABS performance stable in 2021.
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The model of selling vehicles alone is not enough to grow and drive profits for a dealership.
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Subaru leads non-luxury brand categories, Tesla dominates luxury brands.
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The market experienced record-breaking price increases this past week, as the supply and demand imbalance continued to drive up wholesale prices.
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The enhanced data provided will allow dealers and consumers to avoid killing a deal over a trade-in value.
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