The Intersection 1-29-23 | Automotive News

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  • The Intersection 1-29-23 | Automotive News
Are dealers’ good times coming to an end?

Dealers fear the optimal economic conditions that propelled them to three straight years of robust profits are further eroding.

And though demand for both new and used vehicles is strong, we are seeing and hearing more about how the dynamics of said demand have changed. Thanks to inflation and higher interest rates, cash-strapped buyers are no longer willing and able to entertain paying as much for a used vehicle as a new…

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