Buyer Floorplan Retail 
Auto Remarketing
OCTOBER 22, 2024
Sending a full-size truck to auction appears to be as much of a heartburn-triggering situation for franchised dealers as seeing that new model sitting in inventory and on the store floorplan for 100 days or more. Well, Black Book said on Tuesday that the estimated used retail days to turn is now at roughly 57 days.
Auto Remarketing
MARCH 27, 2024
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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Full Path
JULY 30, 2024
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.
Auto Remarketing
OCTOBER 6, 2023
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.
Canadian Auto Dealer
NOVEMBER 4, 2024
Some dealers are branching into other business areas to spread out their risk and reap new rewards S ome auto dealers are transforming into retailers who also happen to sell vehicles. The fact we’ve accommodated (new EV buyers) on that front is great. We make sure we always have them in stock.” Wizard Lake Marine was profitable.
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