“Must Replace” used vehicle purchases are down with much of industry growth leaning now to “Add On” sales to people who are buying a vehicle for personal rather than purely transportation reasons, according to Art Spinella in the latest Retail Automotive Summary report.
Must Replace has grown about 3% this year – slowest year-over year growth since 2006 when it was 1.9%, while Add On sales jumped to….
May sales have been climbing at a rate that would put the month into a slumpish 0.3% gain, with franchised dealers looking at….
Private party sales are up nearly 18% year-over-year, impacting independent dealers that have seen a big drop in the past year of…
Click here to read CNW Research’s latest report with details on how private party sales are affecting retail use vehicle sales overall….