A Current Events-Minded View of Vehicle Affordability
It’s encouraging to see some OEMs reduce MSRPs on incoming 2025 models to help address one of our industry’s top challenges—with an average transaction price
It’s encouraging to see some OEMs reduce MSRPs on incoming 2025 models to help address one of our industry’s top challenges—with an average transaction price
Across the country, most dealers have seen their used vehicle gross profits decline this year to essentially land where they were in 2019, before the
This past week, my wife Nancy and I were in San Francisco for a conference and had the opportunity to use Waymo’s autonomous ride service
On our way home from dinner the other night in Austin, TX, my son, Samson, and I did a double take as we stopped at
As I talk to dealers week after week about their aged and distressed inventory, it doesn’t take long to uncover a distinct pattern: Someone is
This week, Cox Automotive reported that retail sales of used vehicles, while trending above last year’s sales volumes, have tapered off in recent weeks. The
If you haven’t read former dealer Todd Caputo’s post on how the confluence of Hurricane Helene, the longshoreman strike (which, thankfully has been tentatively resolved),
Since the dawn of the used car business, it’s been true that dealers make their money when they buy a car. This enduring truth was
Last week, I shared a post that outlined a somewhat odd moment in the used vehicle market, wherein wholesale values have risen steadily for the
I have a suspicion that the month of August will look pretty good for dealers as far as used vehicle sales volume, but their month-end
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