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Navigating Inflationary Pressures on Vehicle Ownership: A Guide for Auto Dealers

AutoSuccess

cars or roughly two vehicles, according to Money Geek. This means the average household spends over $2,000 per month to own and maintain their cars. Consumers are holding onto their cars longer, reducing the availability of used vehicles for sale. for used car loans. for used car loans, according to Car and Driver.

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Report shows consumers ‘speaking with their wallets’ on affordability concerns

Auto Remarketing

The car-buying public has a message for the used-car industry, and it’s this: We don’t want to pay too much for a vehicle. That message was clearly conveyed in CarGurus’ latest Quarterly Review, which found sales of lower-priced used cars rising and high-end vehicle sales falling. “As

Finance 52
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COMMENTARY: AI and auto — perfecting pricing strategies

Auto Remarketing

So in this article, we will explore how AI tools can help used-car dealers stay ahead of the trends with advanced sales data analyses, in addition to investigating real-world examples of AI as it has been applied to provide dynamic, more effective prices.

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Cox Automotive Makes World-Class Connections at NADA 2024

AutoSuccess

auto market in 2024 , auto dealers face many new challenges: tighter margins, new technology, and a shift to a more electrified future. ECommerce Contract Automation : New capabilities that save buyers and dealers time by automating the flow of data across the financing, desking, and contracting processes.