Dialogue Series Wrap-up: vAuto’s Dale Pollak Highlights Key Market Conditions as 2020 Closes
In this vAuto Podcast episode, vAuto Founder Dale Pollak responds to dealers who asked for guidance and insight on used market conditions in the final quarter of 2020. Dale discusses how a slight softening of retail sales and wholesale values should guide dealers’ decisions to acquire more inventory and shape their retailing strategies for higher-cost auction vehicles. Dale outlines how dealers might re-think their appraisal process to bring in vehicles that offer opportunity in both the retail and wholesale markets. Dale also points to a potential bright spot in 2021 — how a second round of federal stimulus funds will likely buoy new and used vehicle sales.