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Spring Optimism Boosts U.S. Automobile Dealer Sentiment

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automobile dealers’ view of current market conditions increased from an index score of 42 in Q4 2024 to 44 in Q1 2025. Franchised automobile dealers had a positive outlook with a score of 54, seeing the market as strong. automobile dealers were feeling pretty good about the market,” added Smoke.

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Used-car buyers drive rapid rise in customer satisfaction, Cox study shows

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While car prices were high in 2023, car buyers — especially used-car buyers — were increasingly happier with their experience, according to the latest research from Cox Automotive. New-car buyers matched the all-time high 79% set in 2020, while 73% of used-car shoppers reported being highly satisfied, up from 70% in 2022.

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U.S. Automobile Dealer Sentiment: Dealers Remain Pessimistic, Cautious

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” The survey also asks dealers to rate new-car sales and used-car sales separately, along with various key drivers, including consumer traffic. Responses are used to calculate an index by which any number over 50 indicates that more dealers view conditions as strong rather than weak. Visit coxautoinc.com.

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Dealers’ Optimism on Rise, says Cox Q4 2024 Dealer Sentiment Index

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automobile dealers. Franchised dealers, who sell both new and used automobiles, are more optimistic than used-only independent dealers, with an index score of 50. ” The survey also asks dealers to rate new-car sales and used-car sales separately, along with various key drivers, including consumer traffic.

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U.S. Auto Dealer Sentiment Improves in Q1, Market View Remains Weak

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The market outlook index, which queries dealers about expectations for the vehicle market three months from now, typically enjoys a ‘spring bounce’ as automobile dealers look to the spring selling season. automobile dealers. Download the full results of the Q1 2024 Cox Automotive Dealer Sentiment Index.