Used Car Lessons We’ve Learned from Cuba

In the 1960’s, Cuba’s car market went through a few radical changes. Their new car inventory dried up, forcing immediate changes to their used car market. Sound familiar? After a quick history refresher, TradePending delivers both unique data and insights in this session. The team presents how vehicle valuations have changed over the last year, and what that means for dealers as the battle for used car inventory continues to escalate.

Key Takeaways:

• How the major players are rapidly accelerating their used car acquisition strategies, and how to compete with them.
• How the US embargo on new vehicles to Cuba in the 1960’s paralleled our pandemic times, and what that means for dealers as they compete with larger players for diminishing inventory.

Speakers