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Home › Volume Growing and Prices Softening, but Dealers Remaining Profitable

 

Volume Growing and Prices Softening, but Dealers Remaining Profitable

2013-09-11 22:48:05| AutomotiveDigest.com - Automotive Industry News

While used vehicle volume will continue increasing into 2014 and soften prices, dealers are expected to continue enjoying strong gross profits selling them. ADESAs Tom Kontos says that a wider selection of vehicles is helping dealers be more specific to the needs of their market. Manheims Tom Webb thinks supply will be excessive relative to demand. Growth in supply has been coming from off-lease vehicles, rental return, commercial fleet lease, and more aggressive lending.The Article Volume Growing and Prices Softening, but Dealers Remaining Profitable appeared first on Automotive Digest.

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