Remove 2007 Remove Used Cars Remove Vehicle
article thumbnail

Dealership GMs Need Fewer Worries; Start Here: Recon and Appraisal Integrity

AutoSuccess

A 2022 Bureau of Labor Statistics report reminds us that from the 2007 to 2009 recession — and through the onset of the pandemic in 2019 — “car and truck dealerships faced an economic shock and compressed profit margins on new vehicles.” These two critical variable functions are integrated today.

article thumbnail

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. Something the automotive SAAR doesn’t capture is the part that used car sales play in your store’s profitability. The result?