Automotive Market Update 3-8-24

We are picking up speed!

There’s no doubt we’re in the height of tax season and the value of inventory in the wholesale markets, along with the value given by your trade tools, are struggling to keep up with the bank’s financing books.

However, the inventory in the next few weeks, if not months, will continue to increase. Buying the inventory, you need now even though it feels like overpaying a little bit will be a much better strategy than waiting until you need the inventory. If you wait, you will most likely have to pay 3 to 5% more for that same unit.

We’re not suggesting you go out and blanket buy inventory just because the price is rising, but ……. Read more HERE.