Tag: prices
Creativity with F&I menus can ease buyer’s worries in 2023
Just when used car prices were starting to come back down to Earth a bit and inventory levels are beginning to rise…you now have...
Best practices used car retailers must prioritize in 2023
Last year was one of the most challenging on record for the pre-owned vehicle market. Despite a strong performance in 2021, many used car...
Auto retailers poised to handle inflated vehicle prices on rising materials...
Emptying car lots have been a challenge for dealerships in the hot selling season, but higher profits have been a boon on the backs...
Hacked pipeline could drive fuel prices up, leave stations temporarily short
A cyberattack was initiated on the largest fuel pipeline in the United States Friday, leaving the enormous Colonial Pipeline with a quandary of how...
Dealers see used inventory prices continue to climb at auction
The Used Vehicle Value Index published by Manheim reports that total used vehicle sales were up 69% year over year in April, pushing the...
Car buyers advised to skip negotiating, pay sticker price during entrenched...
Chip shortages, factory shutdowns due to COVID outbreaks, and a lack of used car inventory from rental companies are all combining to create supply...
Average new car prices remain steady above $40,000
American consumers can expect to shell out more than $40,000 for a new vehicle, on average. Kelley Blue Book research estimates that the average...
Record high wholesale prices reflect tight used inventory, strong sales
The cost per unit to purchase inventory for the used car lot continues to increase as the second quarter of 2021 kicks off. The...
Used car industry seeing more inventory, all-time high prices
Customers have more choice and dealers have more to offer shoppers in the used car market, according to vAuto Available Inventory. Used cars have...
Auto Stocks Benefiting from Rising Used-Car Values
There are many adjustments necessary to maintain operations in the midst of the COVID-19 outbreak. For most auto dealers, online, pickup and delivery options...
