#68 CDG Market Update: Will used car prices rise again, Best and worst selling cars, Hybrids domination, A.I. chatbots selling cars | Jessica Caldwell, Head of Insights at Edmunds, and Kevin Frye, eCommerce Director at Jeff Wyler Auto Group

I am so excited to announce that today is the first-ever episode of my new monthly show: The Car Dealership Guy Market Update—Brought to you by Edmunds.

A panel-style, monthly discussion with automotive industry experts and dealers about where our car market is today—and where it may be headed.

Think of this as a forum for auto insiders to share everything from macroeconomic trends to ground-level dealership insights, all with a simple goal:

To make you smarter and more informed about the car market and economy, in under an hour.

Let's get into it!

Today, im speaking with Jessica Caldwell, Head of Insights at Edmunds, and Kevin Frye, eCommerce Director of Jeff Wyler Automotive Group.

This episode is brought to you by:

Edmunds - Premier by Edmunds connects dealers with in-market shoppers when, where, and how they want to connect. New dealers — Get 50% off for 90 days when you sign up at edmunds.com/CDG

Car Dealership Guy Industry Job Board - Connecting world-class talent with top-notch companies in Automotive. Find your next role—or start hiring today—at CDGJobs.com.

Interested in advertising with Car Dealership Guy? Drop us a line here

Interested in being considered as a guest on the podcast? Add your name here

Topics:

(00:00:00) - Intro

(00:02:11) - Introducing Kevin and Jessica

(00:03:33) - The state of the market

(00:05:07) - Price trends

(00:09:22) - Auto financing

(00:11:09) - Leasing

(00:18:31) - Acquiring inventory

(00:20:43) - The affordability issue in new cars

(00:27:55) - Shopper behavior

(00:29:20) - Sales volumes

(00:33:49) - Brand performances

(00:39:40) - Evs

(00:41:07) - Dealer growth strategies

(00:42:26) - Outlook for the next 90 days

Check out Edmunds and get 50% off your first 90 days here!

Check out the website for more (https://dealershipguy.com) and follow me on X @GuyDealership! (https://x.com/guydealership)

This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.