Responding to Changes in the Used Car Market

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Dealer processes for selling used cars has likely changed during the pandemic. Properly assessing used car trade-in values is a key component of many sales and your bottom line. With changes in the marketplace from auto auctions to the Hertz bankruptcy, understanding the market is essential to managing your used car inventory and valuing trade-ins.

Some of the topics to be covered during this webinar include:

  • The state of the used car market.

  • How changes in the used car market will affect your bottom line. 

  • Assigning the right value to customer trade-ins. 

  • Avoiding decreases in the value of your used car inventory.

  • Dealing with auto auctions/wholesalers.

  • The Hertz bankruptcy affect on dealerships.

Presenter:

  • Scott Lewis, CPA, MSA, Rosenfield & Co.