What Happened to Your Average Gross Profit?

November 17, 2010


For some time now, I’ve been talking and writing about the margin compression that’s occurring in the used car industry.  Below you’ll find an excerpt from a recent NADA publication entitled Guidelines:  NADA Used Car Guide Industry Update.  So if you’re wondering what’s going on with your average gross profit, here is some valuable insight. (Please click on the below excerpt to enlarge.)