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The coronavirus appears to be driving the automotive industry to selling vehicles remotely, a radical departure from the traditional dealer model. By identifying the issues that dealers need to contemplate, we find some solutions to the new direction we’re heading.
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Buying behaviors may change for a growing number of potential car shoppers, many who have lost jobs or been furloughed due to the economic fallout of the pandemic. As more lenders rely on advanced real-time data, they may mitigate risk and put themselves in a better competitive position.
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Black Book published new insights to their weekly COVID-19 Market Updates, including wholesale prices, retail listing prices, overall wholesale sold volume, used retail listing volume, and BEV sales outlook.
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Black Book recently published new data to their weekly COVID-19 Market Updates, including wholesale prices, retail listing prices, wholesale sold volume, used retail listing volume, and BEV sales outlook.
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The more insight lenders have into the current market, the better positioned they will be to present car shoppers with financing options that meet consumers’ unique circumstances.
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Black Book recently published an update to their weekly COVID-19 Market Updates, including wholesale prices, retail listing prices, wholesale sold volume, and used retail listing volume.
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Although the pandemic rocked retail auto sales throughout the country, some dealerships are reemerging with healthy sales. The owners of Nutley Auto spoke to us about their dealership, staff, customers, and what they tell others about paving a solid path for business success.
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Black Book recently published an update to their COVID-19 Market Updates, including BEV sales, wholesale prices, retail listing prices, wholesale volume, used retail listing volume, and new vehicle sales.
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Will a COVID waiver protect your business? There is no definitive answer as of early 2020, but after a review of the risks, it may be deemed an advisable addition to your compliance quiver.
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Black Book recently published an update to their COVID-19 Market Updates, which includes these highlights from the last week: wholesale prices, retail listing prices, overall wholesale prices, seasonally adjusted retention index, wholesale volume, and used retail listing volume.
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