#79 CDG Market Update: Can leasing save the car business, $25,000 Teslas, Negative equity crushing new car sales | Jessica Caldwell, Head of Insights at Edmunds and Gen Balouev, General Manager of Norm Reeves Honda Superstore West Covina

Welcome to the second episode of The Car Dealership Guy Market Update—Brought to you by Edmunds.

This new segment is 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 of the Car Dealership Guy Podcast is brought to you by:

Edmunds - Premier is a solution from Edmunds that connects you with in-market shoppers when, where, and how they want to connect. New customers get half off for 90 days when you sign up at edmunds.com/CDG

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Topics:

(00:00:00) - Intro

(00:01:41) - Q1 Performance reports

(00:05:38) - The health of the new vehicle market

(00:09:31) - What brands are winning right now?

(00:14:30) - The state of affordability in sub-compact cars and pick-up trucks

(00:18:39) - Combating the affordability crisis

(00:22:15) - Negative equity

(00:27:43) - Interest rates

(00:31:13) - Used car profitability

(00:37:08) - EVs

(00:45:50) - Expectations for Q2

Check out Edmunds 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.