摘要: |
Car buying is dominated increasingly by people for whom rising inflation and interest rates is an unwanted shock that they have not experienced in their working lifetime. The sudden end of the knowledge and comfort of low interest rates and inflation is impacting financial certainty to which many had become accustomed. Adding to the financial challenges many people are experiencing, new car prices continue to accelerate as the market switches to electric vehicles. At the same time, prices remain stubbornly high for used cars, whose values rose by an average of 30% in 2021, with some models going up 70%. All of this has implications for the importance of introducing Value Added Products (VAPs) to customers. |