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The $740 Challenge: How Savvy Dealerships Are Turning the Tables

Full Path

In today’s automotive landscape, consumers and dealerships are caught in a complex web of economic pressures. Explore 2024 automotive market and leasing trends, with strategies for dealerships to navigate economic pressures and boost profitability. Yet, beneath these positive indicators lies a deeper issue. record set in Q4 2023.

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COMMENTARY: A constituency of one

Auto Remarketing

It was the voice of the dealer that kept 100% deductibility of floorplan interest expenses in the Tax Cuts and Jobs Act. And more recently, it was the voice of the dealer that convinced federal, state and local governments that automotive sales and service were essential businesses to remain open during the pandemic.

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Fears emissions law ‘loophole’ will leave dealers with cars they can’t sell as makers scramble to hit targets

Drive.com

The Australian Automotive Dealers Association said it was also concerned about how the gaps in the fine print would play out for its members. “We That would leave dealers paying significant floorplan interest costs. In an attempt to comply with the law, OEMs could load their dealers with certain stock that might not necessarily sell.