Latest OnLine Editon  Read Here

Franchise Stores Sell 37 Percent of All Used Cars

Franchise Stores Sell 37 Percent of All Used Cars Featured

 New-car dealerships sold 14,968,206 million used vehicles in 2016, which accounted for 37 percent of all used vehicles retailed.
According to the annual member survey by the National Automobile Dealers Association, the average selling price of a used vehicle was $19,866, up 2.5 percent from 2015.
The number of customers purchasing a new- or used-vehicle service contract was 43.7 percent, up 1 percent from 2015.

Last modified on Tuesday, 18 April 2017 00:12
Rate this item
(0 votes)

Dealer News

Consumers Shop Online in Leisure Time

Consumers Shop Online in Leisure Time

Consumers want to shop for cars in a more relaxed...

Auction News

Legal News

CFPB Rule on Mandatory Arbitration Draws Opposition

CFPB Rule on Mandatory Arbitration Draws Opposition

The Consumer Finance Protection Bureau created a rule banning mandatory arbitration agreements in contracts used by the...

Financial News

FTC Streamlines Processes

FTC Streamlines Processes

The Federal Trade Commission announced several internal process reforms in the agency’s Bureau of Co...