Used Vehicle Prices Continue to Stabilize

Used vehicle prices expected to continue to stabilize in 2025 after pandemic volatility

In 2025, used vehicle prices are expected to stabilize due to improved new car production, easing supply chain disruptions, and increased availability of semiconductors. These factors will boost new vehicle inventories, reducing pressure on the used car market. Additionally, easing inflation and potential interest rate cuts are likely to enhance consumer purchasing power, making financing more affordable and influencing demand across the automotive market. As competition in the electric vehicle (EV) sector intensifies and consumer preferences shift toward fuel-efficient and eco-friendly options, prices for traditional combustion engine vehicles may decline, further balancing the market. Together, these economic and market dynamics are poised to create a more stable pricing environment for used vehicles.

CLICK HERE TO LEARN HOW USED VEHICLE PRICES WILL STABILIZE IN 2025

The Advanced News January 2025

A Message From The ADS Team

Happy New Year!!!
 
Some years just come with more excitement than others and that is the case for
the ADS team as we gear up for what is sure to be our best year ever!
 
By most expert opinions, the automotive industry, and the economy, should
thrive in 2025 (see articles below) and we are right with them in that mindset.
The majority for automotive forecasters are predicting an increase over 2024 as
well as the downward move on rates, lower overall vehicle prices and the return
of some needed factory incentives all line up to give this market the
accelerant it needs to achieve the results we are all hoping for.
 
The recent news of the Honda and Nissan merger is adding even more excitement
to the conversation and outlook. Many feel this will add competitiveness on a
global level and several dealers of ours have expressed shear enthusiasm over
the news. It will be interesting to see how this news shakes out and what the
short and long-term effects are on the industry and the dealers of the affected
brands.
 
Our team at ADS continues to grow. We added 5 incredibly talented members to
our team in December and look forward to introducing them to everyone in the
next couple of months. We know these recent hires, as well as our existing team
members, will bring us to new heights in terms of dealer performance, new
relationships, and new markets entered. Be on the lookout for the exciting
updates throughout the year.
 
From all of us at ADS, to all of you, we wish you the happiest and most
prosperous New Year’s EVER!

Sincerely,

Bob and Ryan

View the full newsletter: https://mailchi.mp/advdealer.com/december-newsletter-4vmogzv35y-17464035

The Advanced News December 2024

A Message From The ADS Team

Thankful and Grateful is a good way to express our feelings as we head into the holiday season and begin to wrap up this year.

For us at ADS, it has been a topsy turvy year with some ups and downs. Fortunately, there have been more ups than downs. As our industry continues to evolve, so must our team. We are blessed to be welcoming so many high caliber individuals to our team over the next few weeks. We know the changes we are making will result in the continuation of our exponential growth for many years to come.

One item we are very excited about, is the addition of our Risk Management Team. This team, led by industry veteran, Dave Ditgen will be bringing our strong independent mindset and approach to the risk management side of the business. When it comes to your garage keepers, open lot, general liability and workers compensation we know we can provide unique solutions that fit your needs. Please fill out the contact from below to get in touch with one of our licensed team members to get you introduced to the process and programs we have access to.

For all of those that have blessed us this year by doing business with us, supporting us as we continue to grow, or challenging us to get better, we thank you. We are grateful for every step in our journey and couldn’t be more excited about what next year and beyond have in store for us.

Happy Holidays!

Sincerely,

Bob and Ryan

View the full newsletter: https://mailchi.mp/advdealer.com/december-newsletter-4vmogzv35y-17464035

The Advanced News November 2024

It is that time of year for all of us to go out and perform our civic duty by voting. Taking part in our democracy is a gift, and unfortunately, many Americans do not take part for a variety of reasons. These elections should remind us of those who have made the ultimate sacrifice defending our democracy, and therefore our ability to take part in free and fair elections. Please visit https://vote.gov/ to make sure you know how and where to vote in your state.
 
Many of us are excited for the elections to be over. If you live in a swing state, we are certain you are tired if seeing attack ad, after attack ad. Another reason to be excited about November 5th being behind us is that the economy, specifically retails sales, generally hit a stagnant period around elections. The majority in our industry are optimistic about the increase in sales volume we should see post-election cycle.
 
For most dealers, 2024 has proven to be a difficult year. Sales volume, and gross profit have declined especially within certain manufactures. As some dealers feel pressure on volume and profit, their focus has shifted to F&I and fixed ops. We at ADS have stepped up and responded to the challenge. Our dealers are experiencing strong, if not record F&I results and our roll-out of Repaired Forever has proven to help drive additional service sales and an added profit center.
 
Moving into the holidays, let us reflect on what we are thankful for and what the holiday season means to each of us.
 
Good luck and Good selling to all of you!

Sincerely,
Bob and Ryan
 
Events ADS will be attending:
F&I Product and Reinsurance Conference – https://www.fandi-conference.com/  

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Stellantis CEO Carlos Tavares to retire in 2026 as automaker struggles in North America
Vehicle pricing fell year-over-year in Q3: Cox Automotive
US remains engine of global growth in latest IMF forecasts

View the full newsletter: https://mailchi.mp/advdealer.com/november-newsletter-4vmogzv35y-17464034