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4 pressing questions facing used vehicle industry

January 24, 2024

It’s time to turn the page on an unpredictable 2023 and forge into 2024.

What can we expect? With dropping vehicle prices and possible interest rate cuts, there could be some calming of the waters in the used vehicle market. But there remain many economic questions hanging over the market.

As we start the new year, we asked the NIADA 20 Group Moderators David Brotherton, Ed Curry, Bill Elizondo and Ben Goodman to share their views on the most pressing issues facing the used vehicle industry. The four meet with hundreds of dealers throughout the year in 20 Group meetings.

Read their answers to the 4 Pressing Questions facing the used vehicle industry in 2024 in the January issue of UCD.

Read the full issue online here.

NIADA Author

The National Independent Automobile Dealers Association (NIADA) is among the nation’s largest trade associations, representing the used motor vehicle industry comprised of some 40,000 licensed used car dealers. Since 1946, NIADA has represented the voice and interests of used car dealers at the federal level in Washington D.C. Coupled with its state association network across the country, NIADA’s grass-roots framework provides a dual layer of advocacy unmatched in the used motor vehicle industry. For 75 years, NIADA has engineered programs and leveraged technology to fulfill its mission to advance, educate and promote the independent used car dealer. NIADA members subscribe to a strict Code of Ethics of duty, honor and integrity, and believe in the advancement of small business in support of the free-market system. More information about NIADA, visit www.niada.com.