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It was good news, bad news for the retail used-carmarket in January. Used-car demand fell over 7% from January 2023, but was up almost 14% from December. And both supply of and demand for used EVs is rising, and prices are softening. Used-car demand fell 7.6% Used prices dropped 2.9%
He knows the housing market and house music. He knows cars and The Cars. An economist who moved from the real estate market to the automotivemarket while moonlighting as a DJ Cox Automotive chief economist Jonathan Smoke is among our first-ever honorees in the Automotive Intelligence Awards: Industry Analysts program.
It’s a gauge of how many vehicles are trending to be sold that year and helps us compare sales volume against other points in history — or does it? Something the automotive SAAR doesn’t capture is the part that usedcar sales play in your store’s profitability. Hold The Door!
Its not just about inventory management; rather, its the powerful intersection of inventory data, audience data, and media consumption data. Usedcar day supply is expected to remain tight and steady. Furthermore, economic pressures will continue to impact the automotivemarket in 2025.
It’s not just about inventory management; rather, it’s the powerful intersection of inventory data, audience data and media consumption data. Usedcar day supply is expected to remain tight and steady. Furthermore, economic pressures will continue to impact the automotivemarket in 2025.
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