used cars

When we got to the end of 2020, we hoped things would be better, but 2021 gave us a lot of trouble too. The auto industry has been put through the ringer. So, what can we expect in 2022?

Q4 & 2021 Predictions

Used car sales have been booming amidst Covid-19 and there is more to go around in the coming months. The demand for purchasing a vehicle hasn’t completely disappeared despite the economic downturn. If anything, people who used to rely on public transportation and ride sharing services are now faced with the need for their own vehicle. With many buckling down their budgets and personal finances, used versus new is a no brainer.

We’ve seen the future, and it’s used vehicles. Right now dealers and consumers are struggling through this pandemic. A majority of dealers are operating with just a skeleton crew in fixed ops, and most sales departments are closed. This won’t last forever. So what’s next?

You have to keep your eyes on the prize.