Automotive Dealer's Weekly Update 4/7/23

The Automotive Advisor Team

This week we're seeing a strengthening of the shift in the wholesale acquisition cost of vehicles for dealers. They're finally starting to decline, and the retail price of inventory sold is finally starting to increase, even if only slightly. That's good news for dealers struggling to find inventory at affordable prices. Other good signs are is in the new car market which produces the trades we need. We dive into that deeper in this week's Automotive Advisor update along with a review of the latest economic and industry trends. Take a look below.

As a reminder, all the insights and analyses in this report are relevant and actionable but at a macro level. 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.