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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. For dealerships, Higher inventories and rising floorplan costs are eating into profit margins, creating a challenging environment for automotive retailers. By clearing out excess stock through leases, dealerships can lower their floorplan expenses.

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

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Whether you call it a micro-lease, a subscription, or long-term rental, flexible, turnkey vehicle access without any long-term commitment now dominates personal transportation in Europe. automotive retailers. automotive retailers. A long time ago, an automotive retailer sold vehicles. First, the research.

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