Automotive Dealer's Market Update 12/23/2022
The #1 Automotive Dealer's Weekly Operating Report
As we predicted might happen, the used vehicle valuations are beginning to increase even with the continued softening in price and sales. This activity is validated by what we've seen over the last three years and, unlike in prior years, is the first increase in quite some time. Is it time to pivot? You can find our deep dive analysis and supporting references in the Wholesale Market section below. Also, there is a BIG EV Retail section below. Don’t skip that if you plan on selling EVs long term.
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