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JD Power sees October being complicated for used retail & new lease markets

Auto Remarketing

Power, explained why this month has been a tricky one for used-car managers and leasing specialists at franchised dealerships. So far in October, King reported average used-vehicle retail prices are coming in at $28,472, which is down $669 or 2.3% of retail sales in October. Let’s begin with the details J.D. from a year ago.

Retail 52
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New Dealer eProcess Tool Helps Dealers Desk Deals during CDK Disruption

AutoSuccessOnline

To assist dealers during the CDK outage, Dealer eProcess has enhanced its Digital Retailing (DR) platform for use by dealership personnel, the company announced in an email. Current DEP Digital Retailing clients already have access to this feature. They announced the new feature is free and now available for use.

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Benefits of an electric vehicle and the EV Discount

Drive.com

And avoid paying GST on car-related expenses by bundling running costs including charging, insurance, rego and servicing into your one regular lease payment. You could also skip thousands of dollars in upfront GST on the drive-away price of the car. How can Oly help me score an EV?

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2024 Auto Industry Trends and Predictions: What Dealers Need to Know 

Automotive Mastermind

Looking ahead to 2024, the future of the automotive retail industry is continuing to face evolving challenges – and new opportunities. According to analysis from S&P Global and Transunion, leasing is predicted to recover alongside inventory normalization, price stability and declining interest rates.