3min chapter

Car Dealership Guy Podcast cover image

#18 What's next for auto lending, When will car prices drop, How the FED really works, Receiving a call from Warren Buffett | Danielle DiMartino Booth, CEO & Chief Strategist of QI Research

Car Dealership Guy Podcast

CHAPTER

The Tale of Two Markets Right Now

A lack of financing is the biggest one. I think that's, oh, it's also inventory. But margins are holding strong. And again, I want to be very clear. This is not new car. New car, especially the Japanese companies are just killing it. It's like 2021 still. They have no supply. Everyone and their mother wants to drive a Toyota. We're seeing most of it on the luxury side, on the more expensive vehicles. Also, on the vehicles that just don't have the type of demand that these bread and butter Japanese do.

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