#339

Welcome back to the Car Business People podcast! In this episode, we dive into the current state of the car industry and what it means to "get back in the car business."
Join us as we explore:
The shift in dealer and consumer behavior post-COVID
The resurgence of leasing and the importance of used cars
The impact of inventory levels on sales and pricing
The return of negotiations and the consumer's desire for local, trusted dealerships
The challenges of negative equity and how dealers can adapt
The need for education on electric vehicles (EVs) and the role of social media in consumer engagement
Whether you're a dealer, a consumer, or just interested in the automotive industry, this episode offers valuable insights and practical advice. Tune in to learn how to navigate the evolving landscape of car sales and what it takes to succeed in today's market.
Don't forget to like, subscribe, and share your thoughts in the comments! Have a wonderful week!

[@wrenchturners]

Between 2020 and 2024, there is a missing 20 million new units sold world wide, if you were to assume that if covid didn't happen and new unit sales stayed the same value per year according to 2019 data. That's the used car deficit we are now experiencing. Fact checkers are welcome.