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One in Four Car Dealers Believe Used Margins Have Improved Despite Higher Wholesale Prices
- November 8, 2018
- Posted by: Celine Evans
- Category: Automotive Industry, News
No CommentsWith high levels of demand for used cars introducing more competition amongst dealers and wholesale price rises, there have been concerns about this having a negative on profit margins. However, recent data from Next Gear Capital and Cox Automotive suggests that this is not the case. NextGear Capital’s Report In their latest sentiment survey, NextGear
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Used Car Buyers Have High Expectations of Service Standard
- October 12, 2018
- Posted by: Celine Evans
- Category: Automotive Industry, News
This year, we have seen more and more people choosing used cars over new, and while this is good news for the second-hand market on the whole, certain challenges have arisen. The second-hand car market is currently a thriving success compared to how it was five or ten years ago, but while more buyers are turning to preowned vehicles, used buyers have now come
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Remainder of 2018 Leaves Dealers Feeling Hopeful!
- August 10, 2018
- Posted by: Celine Evans
- Category: Automotive Industry, News
A new survey for RAC Dealer Network revealed that an estimated 7 out of 10 used car retailers are feeling hopeful about their future prospects for the remainder of the year. The survey, which took place in April 2018 to gather data for a comparison of the performance of the new and used car market,
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