The auto market is out of control
The number of car buyers paying $1,000 or more monthly to finance a new vehicle is creeping higher, closing in on nearly one-fifth of new-car buyers — an all-time high. …
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The auto industry has a major problem
87% of American adults dislike something about purchasing a vehicle at a traditional car dealership. 87% of Americans dislike something about shopping at a traditional car dealership. 56% of Millennials …
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The auto market is ripe for disruption
Pandemic-related supply chain problems stretch the new-vehicle shortage into a second year, with near-empty dealer lots, sky-high prices, and months-long waits for new wheels. The prolonged disruption exposes fault lines …
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Car dealers “sticking it” to consumers
SUMMARY: A lot of car models are in high demand, so dealers are charging thousands above MSRP. Consumers, flush with cash, may be willing to pay the “dealer adjustments,” but …
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