[dearolddad]

The increased sales are of no benefit to the dealers if they lose money on those deals.

They will make it up on the volume.

[bustinchops]

No, they won’t make it up on volume. First, they don’t have those trade-ins, so they have less inventory. Second, small businesses, which is what auto dealerships are, are having almost no luck getting credit. That creates a major cash flow problem. Buyers can’t get credit, either, especially on large, depreciating products. So where is all this volume coming from?