Dealers Look for Expanded Used Inventory in 2013

used_cars_history_reports2a

Auto Remarketing - December 12, 2012

Many fac­tors point to expanded used inven­tory for deal­ers in 2013, says Black Book man­ag­ing edi­tor Ricky Beggs, espe­cially among deal­ers sell­ing CPOs.

Find out where inven­tory is expected to come from.

Many fac­tors point to expanded used inven­tory for deal­ers in 2013, and as off-lease vehi­cle vol­ume is pre­dicted to grow this com­ing year, stores may find it eas­ier to secure qual­ity, used vehi­cles. And this may be par­tic­u­larly good news for your cer­ti­fied pre-owned depart­ment, says Black Book man­ag­ing edi­tor Ricky Beggs.

In fact, Black Book expects that come Jan­u­ary, the rate of off-lease vehi­cle returns will start to build again. As a result, more CPO and used inven­tory will be avail­able to dealers.

“The major­ity of this addi­tional off-lease inven­tory is pro­jected to come from domes­tic mod­els reflect­ing their re-entrance into the lease pool in 2010,” offi­cials noted.

Tags: