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Expect Dip in Off-Lease Availability, Rise in Wholesale CPO Prices

Drop in lease returns will likely drive up price of late-model used vehicles, says NADA’s Patrick Manzi. ....

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Auto Dealers Fight the Fight – and Stay Sane

Mar 17, 2021
New York City dealers face various challenges, including the high cost of doing business in a place where real estate prices are sky-high.
Auto Dealers Fight the Fight – and Stay Sane
Car dealers “found themselves in a world they never expected to be in,” Mark Schienberg, head of the Greater New York Auto Dealers Assn., says in a Wards Q&A.
As a working kid growing up in New York City, Mark Schienberg stood out.
He was a paper carrier but different from the rest, recalled his boss, Gary Ackerman, who ran a Queens newspaper before becoming a U.S. congressman. “Mark wasn t just a paperboy. He was an executive paperboy.” ....

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