Expect continued strong showings for Independent dealers over coming quarter as long as supply issues continue to improve and new-car dealers have solid trade-in volumes; There was slight weeding-out process over summer eliminating some weaker Indies; CNW expects loss of 200 to 500 used-car outlets by end of year.
Used Vehicle Prices Still Soft on Higher Volume:
Rate of price decline month over month is shrinking which could portend positive price increases in Q4 of this year.
Used Car Intenders Are Bargain Hunting:
Increasingly using online price guides and Internet price sites such as AutoTrader and craigslist to haggle w/ dealers.
Commercial-Fleet Jumps 96 Percent in August:
Fleet orders showed staggering increasing vs. year ago, one that causes bit of head-scratching.