Automotive Market Update 2-23-24
It’s Just Beginning
Summary:
We are starting to see sales rate and acquisition costs mirror prior years going into tax season. With the IRS being almost 40% behind prior years in refund disbursements, we can expect the best sales weeks are still ahead of us.
With that in mind and looking at the used car volume of inventory available in the market, you can bet the prices will rise faster than we expect and what you think is overpaying today for inventory will be underpaying tomorrow.
See what the trends are saying HERE.
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