Its poll of Used Car Dealers Association members found sales results for the first half of 2023 came in at an average of 67 units for independent used vehicle dealers, equal to the average amount sold during the same period last year.
But sales expectations for the entire year came in at 305 units for franchised new dealers and 140 for independents, lower than forecasted at the beginning of the year. DesRosiers said the used vehicle market saw a meteoric rise in prices from 2020 to 2022, along with a sharp drop in availability.
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