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I have been talking to many Dealers and Pre-Owned Managers these last few weeks and months about the difficulty of acquiring good used car inventory. I have argued for the need to reconsider their thinking about Pre-Owned values in the light of both the economic conditions and general market place.
Well today its official and now (better late than never I guess ) everybody else is talking about it. It made the National News today – Pre-owned cars values have increased in some instances by as much 30% this year. At least now your customers will not be shocked by price increases – this could be an opportunity in itself..? In any case it’s worth bearing in mind when looking at your acquisition policies.
Of course if you need any further information on how this could benefit, or affect you please don’t hesitate to call me.
Garry Palmer @ (772) 240-1797 or tweet us back