#68 Will used car prices rise again, $47K new cars norm, Best and worst selling cars, Hybrids domination, A.I. chatbots selling cars | Jessica Caldwell, Head of Insights at Edmunds, and Kevin Frye, eCommerce Director at Jeff Wyler Automotiv
Big news - I am so excited to announce that today is the first-ever episode of my new monthly show--The Car Dealership Guy Market Update—Brought to you by Edmunds.
This new segment will be a monthly discussion with automotive industry experts and dealers about where our car market is today -- and where it may headed.
From insider-only dealership insights to macroeconomic trends, my goal is to make you smarter and more informed about the state of our car market in less than an hour.
Let's get into it!
This episode is brought to you by:
Edmunds - Premier by Edmunds connects dealers with in-market shoppers when, where, and how they want to connect. New dealers — get half off for 90 days when you sign up at edmunds.com/CDG
Car Dealership Guy Industry Job Board - Connecting world-class talent with top-notch companies in Automotive. Find your next role—or start hiring today—at CDGJobs.com.
Interested in advertising with Car Dealership Guy? Drop us a line here
Interested in being considered as a guest on the podcast? Add your name here
Topics:
(00:00:00) - Intro
(00:02:11) - Introducing Kevin and Jessica
(00:03:33) - The state of the market
(00:05:07) - Price trends
(00:09:22) - Auto financing
(00:11:09) - Leasing
(00:18:31) - Acquiring inventory
(00:20:43) - The affordability issue in new cars
(00:27:55) - Shopper behavior
(00:29:20) - Sales volumes
(00:33:49) - Brand performances
(00:39:40) - Evs
(00:41:07) - Dealer growth strategies
(00:42:26) - Outlook for the next 90 days
Check out Edmunds and get 50% off your first 90 days here!
Check out the website for more (https://dealershipguy.com) and follow me on X @GuyDealership! (https://x.com/guydealership)
This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.
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