None
Used gaining on new
| The average ratio of used-to-new unit sales grew for the Automotive News top 125 dealership groups during the industry downturn, though the ratio slipped the last 2 years as new-car sales recovered. One used car for every new car is considered ideal. | |
| | USED UNITS SOLD FOR EVERY NEW CAR |
| 2013 | 0.7 |
| 2012 | 0.8 |
| 2011 | 0.9 |
| 2010 | 0.9 |
| 2009 | 0.9 |
| 2008 | 0.8 |
| 2007 | 0.7 |
| 2006 | 0.7 |
| 2005 | 0.6 |
| 2004 | 0.6 |
Going big in used cars
| Dealership groups, reliant on used-vehicle profits, are trying to boost that business. | ||||
| Publics' push | ||||
| Used vehicles make up a growing share of the public dealership groups' composite retail unit sales. | ||||
| 2007: | 36% | 2013: | 43% | |
The used-car business is hot, prompting franchised new-car dealers across the nation to pay more attention than ever to their used-vehicle operations, in some cases opening used-only stores.
