The Automotive Advisor Team

Used Car Optimizer’s Used Inventory Market Value Analysis Tool Video Tutorial

  Vehicle value information updated weekly. See that Used Car Optimizer Program HERE. Based on a Macro Segment in the bottom graph, a Sub-Segment in the middle graph, and a Price Band selection in the top graph, you can see the market behavior for your desired inventory very quickly to make smart buying and selling decisions. How to use these weekly vehicle trends to make…

What will “Point of Sale Cash” do for Electric Vehicle Demand in 2024?

Below we review the Electric Vehicle changes in January and what that means for dealers?   As part of the Biden-Harris Administration’s investing in America Electric Vehicle agenda, the U.S. Department of the Treasury and the Internal Revenue Service (IRS) initiated the IRS Energy Credits Online portal on November 1, 2023. This strategic move is…

Consumers who don’t trust the destination charging experience will not pay premiums for EVs

The headlines are brutal: EVs “aren’t working,” and demand for them is “falling.” Dealers had 97 days of supply of new EVs at the start of October, and year-over-year prices declined by 20%. What’s going on? Kelley Blue Book reported that the average price of a new EV last month was $50,683, a $6,057 premium over the average mainstream (non-luxury)…