Background: Used cars and trucks are in growing demand heading into the July 4th weekend of sales. According to media reports, pricing information for used cars and trucks revealed value hikes last week much higher than a week earlier. Analysts said overall car segments increased by 1.54% (compared to 0.88% the prior week) and the overall trucks and SUV segments increased again this past week at 1.11% (compared to 0.52% during the prior week). Specific vehicle segments generating the highest value increases included compact cars (up 2.29%) and small pickups (up 2.89%).
Rick Kurtz from Protective Asset Protection is available to discuss (or provide a by-lined article):
-The surge in used vehicle demand
-Which F&I products are best for used vehicles
-Best ways for dealers to offer vehicle service contracts
-Most useful ancillary products
-Training (or re-training) dealership staff on offering F&I
-Boosting dealer profits through dealer-branded F&I products for used vehicles