All articles tagged with #dealer stocks
The pandemic has caused a shortage of new cars, leading to a surge in used car prices. U.S. new-vehicle inventory is up 73% from a year ago, but still far below pre-pandemic levels. This trend is expected to continue, which could benefit dealer stocks.
New and used car prices have skyrocketed during the pandemic, with some used cars selling for more than their original purchase price. This has led to a shortage of inventory for dealerships, causing concern for their stocks. Despite the high mileage on their leased car, the author may end up making a profit if they choose to buy it at the end of the lease due to the current market conditions.