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Report: Tariff worries fuel record used-car sales in March

Auto Remarketing

But the marketing and data software firm understands why cars have been flying out of dealerships for the past month. But what we do know is consumers are rushing to buy new, used and certified vehicles in anticipation of severe price hikes due to tariffs that were implemented April 3. 28 to March 31.

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From the Magazine: Collision repair at a crossroads

Auto Service World

Similarly, a sudden drop in used car prices from post-COVID highs resulted in many vehicles not being repaired. For instance, as vehicles become more complex, the cost of repairing crash parts with all the added sensors and technology might lead to higher total loss ratios as these cars depreciate.

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

Auto Remarketing

And that’s good news for the used-car sector. Used sales jumped almost 4% in May to their second-highest monthly total in more than a year as consumers turned to more affordable used options, according to new data from automotive marketing and data software firm ZeroSum and car-shopping platform Edmunds.

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Buying Smarter = Grossing Higher

AutoSuccess

Used cars generate 33% of a dealerships revenue, not even counting service. Youd expect a third of vendors to focus on pre-owned, with half of those helping dealers buy cars faster and cheaper. Only 24 out of 533, or 4.5%, of vendors at NADA 2025 help dealers in any way buy, obtain or acquire vehicles from any source.

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Making Margin in Challenging Times

AutoSuccess

Consider these actions to reduce market risks to used car profitability. Appraisals As you evaluate potential trades and walk private-party purchases and auction cars, use your good sense, but be humble and back that estimate with a VIN scan. Plus, these vehicles can move directly into recon, avoiding staging time losses.

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Tactics to Fight Tariff, Turndown and Traffic Margin Squeeze

AutoSuccess

As I draft this article, dealers are considering the impact of federally mandated tariffs against trade nations for which the domestic automotive industry relies on (or finds economically beneficial) for manufacturing, parts supplies, vehicles and reciprocal trade. Heres how well-practiced reconditioning fights margin squeeze: 1.

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Streamlining and Transparency — The Keys to Success at BMW of El Cajon

AutoSuccess

BMW of El Cajon is using Service Suite Pro to not only enhance the service departments operations but also improve relationships with its customers. Its making Girons and his employees jobs easier by streamlining processes while also adding clarity to customer interactions when talking about their vehicles.