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

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This indicates that dealers feel pressure to lower prices while still facing challenges in offering the value consumers expect, as incentives remain below 2018 and 2019 levels. The used-vehicle inventory index declined in Q2, which is not uncommon for the spring survey. The total metrics reported have a +/- 3.06% margin of error.