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How to Engage with Digital Natives

AutoSuccess

Many Millennials entered the job market during the 2008 recession, which has shaped them into savvy financial planners. According to LendEDU, nearly 54% of Millennials compared auto finance rates before purchasing a vehicle, and 60% were not surprised by maintenance costs due to prior research.

Finance 96
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Going Up! Are You Losing a 44% Increase in Sales?

AutoSuccess

The truth is that there are very real market forces at play, which absolutely impact consumer interest, vehicle affordability, challenges desking deals and challenges running a profitable dealership. The SAAR, after all, only accounts for new vehicle registrations. Conversely, when used prices surge on scarcity, new car sales rise.

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From the Magazine: The changing business environment

Auto Service World

Reflecting on past economic downturns, such as the 2008 financial crisis, the aftermarket historically benefited from the inverse relationship between new vehicle sales and tightening credit conditions. Large players in the industry are increasingly turning to mergers and acquisitions as organic growth slows.

Retail 147