The theme this week is market valuations and margin compressions. In the graph below you see on the macro level we're back in an appreciable used car market. We haven't seen this since the pandemic and the behaviors we deploy today, even if it's just for the short term, will determine our profitability and long-term success in 2023. You may not see this today so in turn, think it’s not really happening, but the trends show it's coming and the time to prepare is now.
Contact the AA Team if you'd like a one-on-one strategy call with your dealership.
*****All the insights and analyses in this report are relevant and actionable but at a macro level and represent the Automotive Advisor Team only. We recommend using your industry partners and internal teams, along with the information from this report, to formulate your regional and rooftop strategy for success.
Keep reading with a 7-day free trial
Subscribe to The #1 Automotive Weekly Insights Report to keep reading this post and get 7 days of free access to the full post archives.