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

Full Path

Some households allocate up to 30% of their monthly budget to vehicle-related expenses, including payments, insurance, fuel, and maintenance. For dealerships, Higher inventories and rising floorplan costs are eating into profit margins, creating a challenging environment for automotive retailers.

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Dealership diversification

Canadian Auto Dealer

We should have them and stock them and know how to counsel our customers on best uses and best practices.” I think it’s convenience for the customers, more than anything,” said Zanchin. “We But he said they are important because consumers need them when they buy EVs and may be moving to a place that doesn’t have them readily available.