What 2015 May Have in Store for Independents, from Auto Remarketing.
New-car sales have picked up nicely, lease returns are aplenty and franchised dealers are trading for more cars — all of which means more used supply entering the market and eventually giving independent dealers like Steve Matthews a boost in inventory.
But for a while, that wasn’t the case, as many independents struggled to find inventory.
“And now with the lease returns coming in and new-car dealers trading for more cars, you’re starting to see an influx of more used cars in the marketplace,” said Matthews, owner of Matthews Motors in Clayton, N.C.
Auto Remarketing and BHPH Report talked with a few independent dealers during a break at a NIADA Dealer 20 Group session in Raleigh, N.C. this week to get a sense of the market for independent dealers as we head into 2015.