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Autoline Discusses State Of The Used Car Market
Check out this week's edition of Autoline with John McElroy, where the current state of the used-car market is discussed. Guests included Steve Finlay of Ward's Auto, Ron MacEachern of The Suburban Collection and Ricky Beggs, Managing Editor of Black Book. Important topics discussed included the impact older-model trade-ins are having on franchise dealers, and their ability to provide financing programs to resell these older vehicles.
How are dealers leveraging new technologies, including mobile, in an effort to engage with the used-car shopper at the retail level?
Additionally, where is the industry headed in terms of residuals and retention values? Are there certain vehicle segments that are performing better than others in terms of retention? And, how will increased off-lease inventory impact supply and demand of used cars at the beginning of 2013.
Click here to watch the latest episode of Autoline with John McElroy.