Remove Car Remove Management Remove Used Cars
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How a lack of off-lease vehicle is hurting the used market

Auto Service World

The Canadian used vehicle market is facing a significant supply shortage of younger off-lease vehicles, expecting to negatively impact the used sales market. Off-lease vehicles are a key source of product for the used car market.

Vehicle 269
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Used-car retail prices, surprisingly, aren’t climbing

Auto Remarketing

After all, CARFAX opines in an analysis around its latest price index that supply of late-model vehicles has fallen (thanks to the 2021 leasing declines) and used-car demand has climbed thanks in part to lower interest rates and recent hurricanes have managed up to 347,000 cars — fueling the need for vehicle replacement.

Retail 98
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How to Crush Used Car Sales: Leadership, Knowledge and Control

AutoSuccess

The reason most salespeople struggle to push used cars isnt because they dont want to its because they dont understand how to sell what they dont know. If we dont prioritize inventory knowledge, our teams will naturally default to selling new cars. Heres how you as a leader can help your team crush used car sales: 1.

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Lotlinx report shows used-car sales lagging behind new in Q2

Auto Remarketing

While new-car sales made a significant jump in the second quarter, used-vehicle sales took just a small step up, according to the latest data from Lotlinx. In addition, aged inventory in the used-car sector soared by 7%, ending the quarter at 49% of total inventory on the lot more than 30 days.

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Cherokee Media Group bringing Used Car Industry Summit to Miami in April

Auto Remarketing

On Tuesday, Cherokee Media Group officially announced plans to host the Used Car Industry Summit on April 13-15 at Miami’s premier waterfront destination: the luxurious InterContinental Miami. Built on the success of Used Car Week, the Used Car Industry Summit will highlight the best of the used-car industry.

Media 52
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Tariff-fueled new-car volatility drives used-car momentum, studies show

Auto Remarketing

New-car inventory is falling while prices are elevated and likely to rise more as the tariff era continues. And that’s good news for the used-car sector. The used-vehicle sector is continuing to benefit from the turbulence in the new-vehicle marketplace,” ZeroSum vice president of dealer success Josh Stoll said.

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Practicing the Precise Science of Key and Car Tracking

AutoSuccess

Its the cry of the frustrated manager: Wheres the car? They come from: Used car managers who cant locate keys for vehicles they need to move to the sales lot. Reconditioning managers who lose key-to-key time when keys and vehicles cant be quickly located and moved along. Where are the keys?

Car 52