According to an article in Automotive News (subscription required), dealership profits are the highest they’ve been in nearly a quarter-century — despite the fact that dealers are losing money on new-car sales! The report noted that dealerships posted a pre-tax profit of 2.1 percent, all of which was derived from used-vehicle sales and service/parts operations. On average, dealers see a net loss of $180 on each new vehicle sold. Interesting reading.
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