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

Full Path

As we moved into July, there were signs of recovery in the retail vehicle market. Interest Rates and Their Impact: Automotive Market & Leasing Trends 2024 Borrowing costs are deterring many potential buyers, and the previously red-hot job market is beginning to cool. Yet, beneath these positive indicators lies a deeper issue.

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Haig: Dealerships remain hot properties even as profits and values decline

Auto Remarketing

The Q4 Haig Report , which tracks trends in auto retail and their impacts on dealership values, showed 528 dealerships changed hands in 2023 — the third-highest annual volume on record, but down from a record 707 in 2021 and 566 in 2022. Sharply rising inventories and floorplan expense are pushing down profits at most stores.

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Micro-leases, subscriptions, long-term rentals, whatever you call it, will it become a third ‘sales’ channel?

Auto Remarketing

automotive retailers. The study makes a robust case that the dominant vehicle “buyers” of the future prefer the benefits of a subscription/rental over a purchase, and, indeed that may be one of the best ways EVs go “mainstream.” A long time ago, an automotive retailer sold vehicles. First, the research.

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