@GuyDealership Car Dealership GuyDealerships are increasingly using AI tools to enhance operations, such as pre-qualifying used-car acquisition leads and shaping buying decisions. Major players like CarMax and Carvana are impacting the used car market, with Carvana scaling its footprint and CarMax seeing a surge in delinquencies. Economic uncertainty and changing consumer behaviors are driving these shifts, with some dealers focusing on building relationships and culture to stay competitive.
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Top posts by engagements in the last [--] hours
"@afterlife786 New cars: Q1 Used cars: Q4"
X Link 2022-01-05T15:07Z 453.5K followers, [--] engagements
"@ValKatayev @theSamParr @sleepnumber Bingo. Same thing here. Tried em ALL. @sleepnumber is the best. Avoid Purple Saatva Casper etc"
X Link 2022-03-03T23:30Z 455K followers, [--] engagements
"@Damogron Toyota Honda Then Subaru Nissan Kia Hyundai even Mazda (but none of these pre-2015/2016ish)"
X Link 2022-04-15T14:28Z 461.7K followers, [--] engagements
"Annnnnnnnd Carvana (CVNA) stock has just completed its COVID roundtrip. ๐"
X Link 2022-04-18T14:51Z 451.9K followers, [---] engagements
"Important to always stay humble in business. The Carvana Story -- [--] months ago: - First profitable quarter - Stock at ATH - Overwhelmed with consumer demand [--] hours ago: - Missed earnings - Unable to sell junk bonds at 10.5% rate - Resorted to Apollo for expensive funding"
X Link 2022-04-28T12:15Z 462.8K followers, [---] engagements
"Car A: ๐ $65000 Car B: ๐ $25000 Both cars drive you to work One keeps you stuck there"
X Link 2022-05-21T15:32Z 453.3K followers, [----] engagements
"REMINDER: If you want to burn loads of money buy a German car thats out of warranty"
X Link 2022-07-17T12:25Z 454.4K followers, [----] engagements
"I want to feature some up-and-coming mobility/automotive startups in next weeks newsletter. Whos building cool shit"
X Link 2022-08-03T00:54Z 452.9K followers, [--] engagements
"We deserve an asteroid"
X Link 2022-08-27T19:09Z 460K followers, [----] engagements
"@Chadmoneymatter wen lambo wen patek wen rolex wen wen wen wen wen"
X Link 2022-08-31T22:25Z 462.8K followers, [--] engagements
"Buick just offered to buy out ALL of its U.S. dealers. Holy sh*t. ๐คฏ DTC is happening"
X Link 2022-09-02T22:33Z 459.6K followers, [----] engagements
"Massive news: Ford JUST announced that dealers must invest up to $1.2M and set no-haggle prices if they want to continue selling EVs ๐คฏ The dominoes keep on falling"
X Link 2022-09-14T14:52Z 462.7K followers, [----] engagements
"People sending me these anecdotes every day now. Mind you this is about a Toyota. Car market is wild right now"
X Link 2022-10-06T02:08Z 458.6K followers, [----] engagements
"REMINDER MOST problematic used cars: - Range Rover - Jaguar - Audi - BMW - Mercedes - Volvo"
X Link 2022-10-17T19:00Z 459.6K followers, [----] engagements
"One of my community members found a [----] Toyota Tacoma that's been discounted by NEARLY $10000 in the last [--] days ๐คฏ"
X Link 2022-10-21T02:15Z 462.8K followers, [----] engagements
"GMC seriously just unveiled a $107000 Electric pickup truck ๐ฅด What in the actual f*ck lol"
X Link 2022-10-21T11:57Z 457.4K followers, [----] engagements
"October sales are now higher than all of Sept. With [--] days left in the month. Have spoken with multiple dealers who said the same. Better go readjust those Carvana models ๐"
X Link 2022-10-26T17:29Z 455.4K followers, [---] engagements
"All I want is car prices to stop falling () / / _ _"
X Link 2022-10-27T16:26Z 459.8K followers, [---] engagements
"BMW just announced that it's working on offering direct-to-consumer new car sales ๐คฏ Massive news. Source: Reuters"
X Link 2022-11-07T19:53Z 462.8K followers, [----] engagements
"I cant stress this enough if Carvana ends up liquidating used car prices will fucking collapse"
X Link 2022-11-10T16:55Z 454.9K followers, [----] engagements
"This is bad lol"
X Link 2022-11-18T21:30Z 452.5K followers, 41.1K engagements
"Exotic car market is getting decimated right now. [----] Mercedes G-Wagon with [----] miles just sold for $187K at auction. thats nearly an $80K (or 30%) drop in under [--] months"
X Link 2022-11-22T16:33Z 459.6K followers, [----] engagements
"This is getting absolutely ridiculous WTF"
X Link 2022-12-09T22:57Z 452.3K followers, [----] engagements
"Seeing lots of cars below $20K selling for 7-10% below wholesale market value (also known as MMR)"
X Link 2022-12-14T16:26Z 462.6K followers, [---] engagements
"This morning I discovered something extremely alarming happening in the car market specifically in auto lending. I'm now convinced that there is a massive wave of car repossessions coming in [----]. Here's what I discovered (and what no one knows):"
X Link 2022-12-16T16:50Z 458.4K followers, 20.4M engagements
"Ill talk more about this and how you can take advantage in my next newsletter subscribe for free http://dealershipguy.com http://dealershipguy.com"
X Link 2022-12-17T15:03Z 452K followers, 186.3K engagements
"Okay now it gets interesting Carvana web visitors are DOWN 45% month over month You dont just lose 45% of your web traffic WITHOUT shutting off your marketing. This tells me that they are likely in severe cost-cutting and downsizing mode"
X Link 2022-12-17T15:28Z 452K followers, 281.8K engagements
"3) If youre a dealer (or a consumer) and want to increase the value of a vehicle there is only one (illegal) way: Roll-back the miles. To be clear this is a SMALL minority of scummy unethical dealers & consumers and isnt indicative of the majority of people () But still"
X Link 2022-12-18T02:35Z 462.6K followers, 102.9K engagements
"$2800 monthly payment ๐ฅด"
X Link 2022-12-21T14:16Z 462.7K followers, 1.6M engagements
"Imagine youre a 750+ credit score. Now imagine you come to buy a car and I offer you 9% APR ๐คข I dont need to say much more. High rates are killing the car business right now"
X Link 2022-12-22T03:01Z 452.6K followers, 3.3M engagements
"Last [--] days of December are a car buyer's fantasy: - Sales are super slow so you have more leverage - Aged units need to go before end of year - Dealers extra motivated to sell because they need to hit year-end sales quotas"
X Link 2022-12-22T20:14Z 453.7K followers, 821.1K engagements
"Truly an incredible time to be a 'cash' buyer: 1) Avoid decade-high auto financing rates 2) Aged inventory needs to go even if at little to no profit 3) Business is slow so dealers extra motivated to sell"
X Link 2022-12-24T19:57Z 452.5K followers, 424.9K engagements
"My advice to someone buying a BMW with over 100K miles:"
X Link 2022-12-25T20:08Z 462.7K followers, 2.2M engagements
"Introducing the Captive Insurance Company. What is it A captive insurance company is an insurance subsidiary of a non-insurance entity. In normal-people terms it's a mini insurance company within your existing company. Here's how dealers use this to legally save on taxes:"
X Link 2022-12-28T13:02Z 462.7K followers, 71.5K engagements
"1. Dealer launches a captive insurance entity [--]. Dealer sells warranty and insurance products to customers [--]. Dealer insures this risk and makes underwriting profit (or loss) This process known as Reinsurance is one of the most tax-advantaged parts of a dealership. Heres why:"
X Link 2022-12-28T13:02Z 462.7K followers, 74.1K engagements
"Biggest challenges for car buyers 2021: No inventory 2022: High prices 2023: Expensive financing Whats next ๐"
X Link 2023-01-01T15:19Z 458.4K followers, 771.1K engagements
"HONDA just saw its LARGEST sales decline ever in [----]. Down 33% year-over-year. Wild Hate to say this. But think twice before you buy a new Honda:"
X Link 2023-01-02T13:11Z 459.6K followers, 2.7M engagements
"Market is literally FLOODED with Buicks. They're rotting on car lots like trash. You can score a deal on these if you're willing to suffer the embarrassment of being seen in one"
X Link 2023-01-04T13:19Z 461.3K followers, 3.4M engagements
"Another domino falls: Ford F-150 Raptor selling for MSRP. Typically goes for $10-25K over"
X Link 2023-01-05T15:38Z 459.5K followers, 1.5M engagements
"Me: Trying to enjoy [--] minutes in sun My followers:"
X Link 2023-01-07T14:07Z 459.2K followers, 183.4K engagements
"I want a new Luxury car but also want to avoid expensive repairs:"
X Link 2023-01-09T15:18Z 455K followers, 1.7M engagements
"Tesla and GM gained the MOST market share in [----]. Honda and Nissan LOST the most"
X Link 2023-01-09T18:41Z 455.3K followers, 477.9K engagements
"financially free [----] no $1000+ monthly payments no leasing no German cars over 60k miles no markups no 84-month financing"
X Link 2023-01-10T23:53Z 459.8K followers, 1.1M engagements
"This Tesla has been discounted by $16095 within the last [---] days ๐คฏ Thread"
X Link 2023-01-12T00:37Z 462.8K followers, 2.2M engagements
"Used cars with LEAST availability right now: Lexus Subaru Toyota Mazda Expect prices of these cars to drop much more SLOWLY than the rest of the used car market"
X Link 2023-01-15T02:17Z 455.3K followers, 668.5K engagements
"UPDATE: Carmax sold 57% of its ENTIRE Tesla inventory in the past [--] hours ๐คฏ TESLA FIRE SALE AT CARMAX ๐ฅ https://t.co/A1Jx4rWZDK TESLA FIRE SALE AT CARMAX ๐ฅ https://t.co/A1Jx4rWZDK"
X Link 2023-01-15T13:26Z 453.4K followers, 4.4M engagements
"Tesla Model Y listed on Carvana for $12600 MORE than a NEW one. Carvanas management literally asleep at the wheel"
X Link 2023-01-16T00:38Z 460.1K followers, 4M engagements
"Used cars under $25K are the SAFEST purchase right now. - Supply is scarce - Holding their value - Unlikely to change Let me show you ๐"
X Link 2023-01-16T13:46Z 455.4K followers, 1.6M engagements
"Credit union auto loan rates are [--] to [--] pts LOWER than traditional lenders right now"
X Link 2023-01-16T18:50Z 459.6K followers, 1M engagements
"People are not paying their car loans. Auto loans delinquent (overdue) by MORE than [--] days are now up 26.7% from a year ago. Not a crisis just yet but watch this trend closely"
X Link 2023-01-17T15:36Z 459.5K followers, 2M engagements
"Luxury car market is taking a beating. Heres a good example: [----] Audi S8 [--] months ago: $5-10K over MSRP Now: $10K below MSRP"
X Link 2023-01-18T16:08Z 459.6K followers, 1.8M engagements
"Cars that I won't sell without a warranty (even to my worst enemy): Land Rover BMW Cadillac Porsche Mercedes Audi Jaguar"
X Link 2023-01-18T20:33Z 459.5K followers, 1.9M engagements
"Used car prices are STILL 43% higher vs. Dec '19. Let that sink in"
X Link 2023-01-19T17:12Z 462.9K followers, 1.3M engagements
"I want to break the internet. What can I do for you all that will be an absolute game-changer"
X Link 2023-01-21T18:00Z 462.8K followers, 920.4K engagements
"I WANT TO PAY YOUR NEXT CAR PAYMENT ๐ค My new experiment. How it works: 1) Comment what car you drive and your monthly payment 2) Like RT this tweet and follow me @GuyDealership 3) I'll pick one random person and payoff their next car payment :) GO"
X Link 2023-01-22T16:19Z 462.7K followers, 1.4M engagements
"Me: literally offer to pay someones car payment. on a beautiful sunday. for free Twitter replybois: hEs tRyIng to gEt yOur DatA ๐คทโ๐คทโ๐คทโ So in order to silence the haters: YOU CAN ALSO ENTER BY JUST LIKING RTING COMMENTING and following me @GuyDealership"
X Link 2023-01-22T16:51Z 462.9K followers, 239.3K engagements
"The Tesla price drops are a car shoppers wet dream. But how did Tesla afford to drop its prices by up to 20% in one day Heres how: Tesla earned a whopping $15653 in gross profit per vehicle in third quarter of [----]. 2X more than VW 4X more than Toyota 5X more than Ford"
X Link 2023-01-23T00:08Z 459.9K followers, 1.2M engagements
"Expect a big uplift in auto insurance fraud in [----]. Tons of recent auto loans are severely underwater. People arent able to trade these cars in. Theres too much negative equity to roll into a new loan. Your guess is as good as mine as to what happens next"
X Link 2023-01-23T16:55Z 459.6K followers, 936.9K engagements
"Still a steep shortage of new Subarus. Only [--] available for every [--] buyers right now. Seattle and Denver moments away from an identity crisis"
X Link 2023-01-26T14:59Z 456.4K followers, 630.3K engagements
"Americans falling behind on car payments at higher rate than in [----] December [----] January 2023"
X Link 2023-01-27T15:29Z 462.8K followers, 6.5M engagements
"BMW price drops starting ๐"
X Link 2023-01-28T00:34Z 461.7K followers, 1.2M engagements
"$250K mark-up on a Porsche ๐ฉ"
X Link 2023-01-30T15:34Z 459.5K followers, 2.8M engagements
"We just had a sponsor change the date for their ad spots in next week's CarDealershipGuy newsletter * 32k+ subscribers * high value audience: finance pros execs dealers consumers * exclusive: max [--] newsletter per week I can cut a discount for last minute fill. DM me"
X Link 2023-01-31T23:27Z 459.8K followers, 178.7K engagements
"Favorite website for car shopping Why TrueCar Cars.com AutoTrader CarGurus TrueCar Cars.com AutoTrader CarGurus"
X Link 2023-02-02T16:59Z 455.2K followers, 1M engagements
"UPDATE: Price reduced but still $8000 more than a brand new Tesla ๐คทโ Who is making these decisions Tesla Model Y listed on Carvana for $12600 MORE than a NEW one. Carvanas management literally asleep at the wheel https://t.co/EZgGPrWLFO Tesla Model Y listed on Carvana for $12600 MORE than a NEW one. Carvanas management literally asleep at the wheel https://t.co/EZgGPrWLFO"
X Link 2023-02-05T15:40Z 459.8K followers, 1.4M engagements
"Car prices are rising. You know what that means [--] Sell to Carvana [--] Buy from local dealer We are so back"
X Link 2023-02-06T14:43Z 456.7K followers, 1.1M engagements
"Sales manager told customer he got approved at 8% APR. Customer got up and left pissed off. ๐คทโ Lots of people are still not in touch with reality of the current lending market"
X Link 2023-02-06T20:29Z 461.7K followers, 1.4M engagements
"Used car prices are still up 45% since [----] ๐ฅต"
X Link 2023-02-07T19:35Z 462.7K followers, 1M engagements
"I cant stress this enough the pace at which used car prices are rising at dealer auctions right now is absolutely baffling. As of this morning auction prices are much higher than January"
X Link 2023-02-08T15:08Z 462.7K followers, 1.4M engagements
"A Ford dealer unhappy with Ford. In [----] Ford had 1.1M recalls. In [----] Ford had 9.8M recalls"
X Link 2023-02-09T02:12Z 459.5K followers, 1.2M engagements
"Top [--] LEAST dependable vehicles: Land Rover Lincoln Audi Ford Mercedes-Benz (Source: [----] JD Power Study)"
X Link 2023-02-10T02:22Z 459.5K followers, 2.1M engagements
"Top [--] MOST dependable vehicles: Lexus Genesis Kia Buick (๐ซถ) Chevy (Source: [----] JD Power Study)"
X Link 2023-02-10T13:11Z 459.7K followers, 1.5M engagements
"This is wild. Buick grew its sales in January more than ANY other car brand. Nearly 100% growth year-over-year. Yes you read that correctly BUICK. Twitter bump or coincidence ๐"
X Link 2023-02-16T01:49Z 462.8K followers, 504.4K engagements
"Toyotas have the lowest supply out of any auto maker right now. You cant get them. Otherwise this is a pretty solid strategy"
X Link 2023-02-20T13:15Z 462.8K followers, 1.6M engagements
"New cars prices are a disaster. [--] in [--] new cars sold in December had an MSRP over $60K. Five years ago that number was [--] in [--]. (via Cox auto)"
X Link 2023-02-23T23:43Z 462.7K followers, 831.2K engagements
"This business is filled with surprises. Once sold a Mercedes E500 RENNtech Edition to a guy that looked like he just crawled out of a dumpster. You never know who's got money to spend"
X Link 2023-02-24T15:43Z 462.6K followers, 505.5K engagements
"1998 Ford Escort for $289 a month for the next [--] months ๐คฎ"
X Link 2023-02-26T19:38Z 462.8K followers, 2.5M engagements
"What you see: Shiny new Cadillac Escalade What I see: 84-months of $1000+ payments"
X Link 2023-02-26T23:30Z 459.6K followers, 1.2M engagements
"$111K Jeep ๐ welcome to 2023"
X Link 2023-02-27T14:01Z 458.4K followers, 2.8M engagements
"$5K for a car thats been on the road since the Chicago Bulls went 72-10 ๐ฉ inflations wild"
X Link 2023-02-28T17:59Z 459.5K followers, 727.3K engagements
"Franchise dealers are positioned a lot better than non-franchise dealers in this environment. the 2010s favored used-only dealers: carmax carvana etc the 2020s will favor franchise dealers: asbury lithia group [--] etc maybe its time for us to enter the franchise biz๐ค"
X Link 2023-03-01T15:18Z 456.7K followers, 322.5K engagements
"You better not miss a car payment: Ford has filed a patent that would allow self-driving cars to drive away from owners who cant keep up with their payments ๐ While the patent is not yet approved the future is most definitely going to be wild"
X Link 2023-03-02T18:11Z 461.6K followers, 4.1M engagements
"When does a used car take its 1st significant hit in value When the manufacturers warranty expires. 2nd significant hit When it hits 100K miles. After that Youre better off holding onto the car forever"
X Link 2023-03-03T20:38Z 462.7K followers, 927.9K engagements
"youre not depressed youre just paying $1500/month for a car you drive [--] hours per week"
X Link 2023-03-04T14:01Z 462.7K followers, 1.2M engagements
"i just invested in a badass startup called @_PrivateAuto its like Venmo but for selling and buying a car. but heres the thing -"
X Link 2023-03-06T14:34Z 462.6K followers, 953.8K engagements
"Quality of used cars below $20K is absolute garbage right now. Never had more issues trying to source "affordable" vehicles for customers. - Trying to source from the public So is every other dealer - Buying from auction Expect a massive repair bill Pullin' my hair out ๐ฉ"
X Link 2023-03-14T18:44Z 462.8K followers, 474.1K engagements
"A whopping 60% of car shoppers are likely to buy an EV next according to TrueCar. agree/disagree"
X Link 2023-03-15T13:07Z 456.4K followers, 506.7K engagements
"wowza. Kia has come a long way"
X Link 2023-03-15T22:12Z 462.8K followers, 629K engagements
"4-10 yr old used cars are seeing the largest percentage increase in prices (likely driven by their lower relative price points). Mystery question right now: Will this eventually translate to retail prices - what consumers pay - or will dealers be left holding the bag"
X Link 2023-03-16T13:14Z 462.6K followers, 141.5K engagements
"The adrenaline rush of a new car purchase lasts [--] days. The monthly payment lasts for [--] years. Is it really worth paying 20-40% extra for the built-in Navigation system and Cooled seats that you'll never use"
X Link 2023-03-20T00:10Z 452.1K followers, 938.3K engagements
"How to know your status in life: Do you have any blank buttons in your car"
X Link 2023-03-20T14:14Z 462.8K followers, 2.2M engagements
"Santander is 100% risk OFF. Havent done a single subprime deal with them since the moment they announced that theyre halting their ABS sale [--] days ago"
X Link 2023-03-20T23:01Z 462.7K followers, 562.7K engagements
"On the other hand Allys volume has picked up for us. Early data - take it for what its worth - but definitely seeing an uplift there. Will keep you posted. $ALLY"
X Link 2023-03-20T23:13Z 462.7K followers, 105.9K engagements
"2010s was the decade of the used car dealer. Carvana Carmax etc. All now facing immense headwinds. 2020s will be the decade of the franchise dealer. Asbury Lithia Group [--] etc. All now supported by massive tailwinds"
X Link 2023-03-24T20:01Z 456.7K followers, 365.6K engagements
"If all the gigabrains on Twitter spent [--] day observing a buy-here-pay-here dealership I think theyd go into cardiac arrest"
X Link 2023-04-02T22:39Z 462.6K followers, 670.4K engagements
"Big news in the car business: Lithia Motors has officially claimed the top spot as LARGEST dealer group in the U.S. Lithias [----] by the numbers: ๐ข [---] dealerships ๐ [------] total units sold ๐ฐ [-----------] in total revenue ๐คฏ Talk about a money-printing machine"
X Link 2023-04-03T12:49Z 456.7K followers, 334.2K engagements
"Sorry to be bearer of bad news Used car prices are still rising. the problem in [--] bullets: 1) Used car inventory on dealer lots is down nearly 30% year-over-year. From 2.9M to 2.07M units. 2) New car prices are up nearly 50% since pre-COVID. Now averaging close to $50K. Unaffordable AF. 3) And leasing is more expensive than ever pushing people that would typically buy a New car to shop for a Used car. Bottom line: im not expecting used car prices to significantly decline in the near-term"
X Link 2023-04-05T01:09Z 453.5K followers, 1.1M engagements
"You can own this [----] Escalade ESV V-Series for a COOL $199k ๐"
X Link 2023-04-07T01:58Z 455.4K followers, 1.4M engagements
"From a fellow dealer: Capital One Ally Santander and Next Gear Capital have started pulling inventory floor plans from dealers. Some dealers have no availability to grow and very little runway to operate without more lending. Lenders been hurt by companies like American Car Center folding. Next Gear holds [----] cars tied up in American Car Center BK alone. Seems to me way more to come. Feel free to use the info but please leave me out if you do. I enjoy reading and following you"
X Link 2023-04-09T00:32Z 456.9K followers, 949K engagements
"This is big. Capital One is pulling inventory lines of credit (aka floorplans) on dealers ๐ณ Basically means its dealers have [--] days to refi their inventory. From source: Cap one is completely getting out of the inventory lending game Reposted for added confidentiality"
X Link 2023-04-09T14:02Z 457.9K followers, 2.4M engagements
"New month new record ๐ณ $1000 monthly payments aren't going anywhere. 16.8% of consumers who financed a new vehicle in Q1 [----] committed to a monthly payment of $1000 or more an all-time high. This is either a disaster in the making or a big nothing-burger"
X Link 2023-04-16T00:17Z 462.8K followers, 889.8K engagements
"Ford F-150 Lightnings sales dropping"
X Link 2023-04-19T11:55Z 462.7K followers, 1.5M engagements
"4 questions I get asked OFTEN: Will Carvana survive Whats next for auto lenders Pros/cons of buying through a credit union I sat down with Chris Coleman co-founder of WithClutch to dive in. This convo was full of insider-only insights. Link below:"
X Link 2023-04-21T13:14Z 462.7K followers, 222.5K engagements
"interest rates high. new car prices high. used car prices high. labor prices high. parts prices high. fettermans high. everything is high"
X Link 2023-04-24T21:36Z 459.9K followers, 666.4K engagements
"Jeep is the most under-discussed canary in the coal mine in the car world: It just had its worst first quarter in at least six years with sales falling 20%. But the billion-dollar question. WHY"
X Link 2023-05-02T14:39Z 459.6K followers, 2.1M engagements
"You should lease if youre optimizing for lifestyle. You should buy if youre optimizing for value. True or false The answer may surprise you:"
X Link 2023-05-08T21:19Z 462.6K followers, 1.4M engagements
"2018 Jeep Grand Cherokee. 241K miles. $18565 ๐"
X Link 2023-05-13T00:33Z 459.3K followers, 2.2M engagements
"Anyone scoop up any sweet car deals lately Tell me the deal below"
X Link 2023-05-14T23:47Z 462.8K followers, 476.2K engagements
"Carvanas quarterly sold units (cars). [----] was wild ๐ณ"
X Link 2023-05-15T00:05Z 452.8K followers, 207.6K engagements
"Now the real question. What's the picks and shovels trade here Not the obvious auto part suppliers or service centers. Go one level deeper"
X Link 2023-05-15T14:53Z 462.8K followers, 226.5K engagements
"Vehicle affordability is wacky right now: The share of used vehicles under $20K has declined by 50% since [----]. And higher interest rates aren't helping either. How do we fix this"
X Link 2023-05-16T15:41Z 455.4K followers, 431.7K engagements
"Opportunity for car shoppers: Lithia Motors is currently holding on to its used inventory nearly 2X longer than any of its competitors. I would expect them to start lowering prices on some models so these cars sell faster ๐คจ"
X Link 2023-05-18T20:28Z 456.7K followers, 165.8K engagements
"Facebook building a Twitter competitor Blah blah blah BLAH Heres precisely why this fails: You can replicate Twitters UI. You can replicate Twitters UX. You can even replicate Twitters content But you know what you cant replicate Twitters one-of-a-kind *user"
X Link 2023-06-29T20:29Z 442.5K followers, 1M engagements
"Used car dealers paying an effective 12%+ interest rate on inventory financing right now. Insane"
X Link 2023-05-21T13:50Z 442.5K followers, [----] engagements
"Best new car deals right now: (h/t RealCarTips)"
X Link 2023-05-23T15:14Z 435.9K followers, 808.6K engagements
"Another challenge for the economy: Tightening car insurance standards"
X Link 2023-06-29T23:35Z 442.4K followers, 380.4K engagements
"REMINDER: Uninsured drivers by state ๐ [--]. Mississippi: 29.4% [--]. Michigan: 25.5% [--]. Tennessee: 23.7% [--]. New Mexico: 21.8% [--]. Washington: 21.7% How do we fix this (Source: Insurance Research Council)"
X Link 2023-06-29T21:46Z 442.3K followers, 535.8K engagements
"Just in. Atlantic Union Bank is officially ending all indirect auto lending. Another one bites the dust"
X Link 2023-06-30T03:14Z 442.3K followers, 283.3K engagements
"Ford and Tesla just announced a massive partnership. Ford EV customers gaining access to [-----] Tesla Superchargers. ๐คฏ"
X Link 2023-06-28T05:10Z 442.4K followers, 810.4K engagements
"Always humors me to see a parent buy a Subaru STI for their teenager. Little do they know the journey theyre about to embark on"
X Link 2023-05-28T12:42Z 442.3K followers, [----] engagements
"This market is wild. Trucks & SUVs just had the largest single-week decline in auction prices since January. Not bad. Progress But heres the crazy part: Vans had the largest decline in prices since 2019 and still sold for over MSRP in many cases ๐ซ (via Blackbook)"
X Link 2023-05-31T11:54Z 458.4K followers, 299.9K engagements
"Crazy fact. Supply of New Jeep Renegades is currently 1100% higher than industry average. [---] days supply. Basically at current prices it would take over [--] years to sell every Renegade. No one is buying these things ๐ญ Likely big discounts on the horizon. (via CarEdge)"
X Link 2023-05-31T18:27Z 459.6K followers, 2M engagements
"Average rate on a new car loan is now 8.98% ๐ฌ (via DealerTrack)"
X Link 2023-06-05T15:36Z 435.9K followers, 1.2M engagements
"Anyone get their car repaired recently Share a screenshot of the invoice or tell us how much you paid Really curious to see prices around the country"
X Link 2023-06-05T20:40Z 459K followers, 541.3K engagements
"The BAD news: Used car supply is down 16% year-over-year. The GOOD news: Used car supply increased by 2.5% in April for the first time in. a while. Bottom-line if this trend continues: That $20K sedan won't get much cheaper. BUT that $40K pick-up truck and/or luxury SUV will"
X Link 2023-06-06T14:56Z 435.9K followers, 758.1K engagements
"By popular request. Best 0% finance deals right now:"
X Link 2023-06-06T19:19Z 460K followers, 1.8M engagements
"Past [--] days have been a rollercoaster: Capital One shut off all dealer floorplans (aka inventory lines of credit) US Auto Sales shut down [--] dealerships Wells fargo laid-off all its junior Auto loan underwriters and capped future loans PenFed Credit Union started cutting dealers from indirect auto lending Citizens Financial Group exited indirect auto lending space"
X Link 2023-06-10T13:33Z 458.4K followers, 1.3M engagements
"Crazy stat. Sales of new Buicks are up nearly 80% year-over-year. More than any other brand. And nearly 4X more than Mazda Nissan and Honda (to name a few). ๐ณ"
X Link 2023-06-12T15:01Z 461K followers, 558.9K engagements
"Fascinating graphic showing political leanings of car owners"
X Link 2023-07-12T22:06Z 442.5K followers, 3.3M engagements
"Reminder: now is a great time to go Jeep hunting (if youre into that kinda stuff) [---] days supply on the new models. Basically means Jeep has a lot more supply than demand = good deals"
X Link 2023-06-15T17:04Z 453.4K followers, 727K engagements
"Mercedes-Benz and Microsoft are partnering to test in-car ChatGPT. Mercedes said an optional beta program for U.S. customers will begin today ๐ The future has arrived. (via CNBC)"
X Link 2023-06-16T14:59Z 442.3K followers, [---] engagements
"How do we feel about this Felt the need to share this event with @GuyDealership - just sold this [----] F250 with 55k original miles for $10k. https://t.co/54mf5OVkxj Felt the need to share this event with @GuyDealership - just sold this [----] F250 with 55k original miles for $10k. https://t.co/54mf5OVkxj"
X Link 2023-06-20T02:02Z 463.5K followers, 1.1M engagements
"NEW month NEW record. Average auto loan rate on a new car: 8.99% APR ๐ฅต Absolutely bonkers. (via dealertrack)"
X Link 2023-06-20T19:37Z 447.3K followers, 1M engagements
"Used car market struggle continues ๐ฅต JUST IN: Sonic Automotive a Fortune [---] Company and one of the nations largest automotive retailers has indefinitely suspended operations at [--] EchoPark locations"
X Link 2023-06-22T22:23Z 456.4K followers, 506.3K engagements
"If you have a: $10K ๐ $1M net worth People think youre broke. But if you have a $90K ๐ $10K net worth People think youre rich"
X Link 2023-06-25T17:30Z 442.5K followers, 1.3M engagements
"@CcusackRaw Yes pent-up demand is driving it. Still lots of counter-forces could have prevented that from being the outcome"
X Link 2023-06-25T21:34Z 462.7K followers, 17K engagements
"Hot ๐ฅ vehicles you STILL cant easily get: Cadillac Escalade Yukon Denali Toyota Sienna Kia Telluride Lexus LX Range Rover Sport Kia Carnival Chevy Tahoe"
X Link 2023-06-27T14:33Z 442.3K followers, 498.5K engagements
"Surprising news: Alpha Romeo just ranked as the #1 highest-quality premium car brand Out of all premium car brands. NUMBER [--] ๐ณ Rethinking my existence right now. (source: JD Power)"
X Link 2023-06-27T13:27Z 424.5K followers, 683.4K engagements
"Car market continues to absolutely defy the odds: Car dealership buy/sells just set a new record with [---] completed transactions in Q1. That's a 43% increase in dealerships bought or sold (vs Q1 of 2022)"
X Link 2023-06-27T15:08Z 435.2K followers, [---] engagements
"The fact that there are 1000s of Chevy Silverado and GMC Sierra Trucks sitting in vacant GM lots right now is not getting enough attention"
X Link 2023-06-28T01:29Z 442.5K followers, 1.3M engagements
"Heres a good article from Thom Taylor on this issue: https://www.motorbiscuit.com/thousands-chevy-silverados-gmc-sierra-pickups-sitting-in-vacant-lots-now/ https://www.motorbiscuit.com/thousands-chevy-silverados-gmc-sierra-pickups-sitting-in-vacant-lots-now/"
X Link 2023-06-28T01:18Z 462.7K followers, 160.2K engagements
"@iastatemn According to the report from Thom Taylor it has to do with railroad capacity. ๐คทโ"
X Link 2023-06-28T01:19Z 462.1K followers, 48K engagements
"Here's why: People have delayed new purchases due to rising car prices and auto lending rates Average car is lasting longer than ever Data via S&P Global Mobility Chart via @axios Full article:"
X Link 2023-06-29T02:14Z 424.1K followers, 63.6K engagements
"Oh boy. Incoming CDG BOMB ๐ฃ Hearing rumors that Fifth Third Bank exited auto lending this morning and laid off all auto staff. Unconfirmed. No other info just yet. Will keep you posted"
X Link 2023-06-28T20:13Z 442.4K followers, 147K engagements
"NOBODY KNOWS THIS BUT NEW CAR INVENTORY IS UP 74% FROM LAST YEAR"
X Link 2023-06-29T02:54Z [--] followers, [----] engagements
"Simple trick to get a better rate on a car loan: Trade-in a car at the same time. Lenders will typically perceive you as less risky borrower thus approving at a lower interest rate"
X Link 2023-06-29T23:42Z 442.3K followers, 288.3K engagements
"People are still out here driving PT Cruisers in [----] and the world remains silent"
X Link 2023-06-29T21:06Z 442.3K followers, 251.9K engagements
"CONFIRMED: Fifth Third Bank is shutting off auto lending in select regions. Unclear how widespread this. This specific image only addresses dealer partners in Idaho. Another big blow to dealers in an already brutal lending environment ๐ฅต"
X Link 2023-06-29T23:07Z 442.3K followers, 293.1K engagements
"@HereForMavOfWal Nah. Im 90% sure its entire Western region but want to confirm before posting"
X Link 2023-06-29T23:06Z 442.5K followers, [----] engagements
"Attention lenders: If youre making big changes please let me know beforehand so I can PROACTIVELY post about the specifics of your change and people / dealers dont assume the worst. Thnx ๐"
X Link 2023-06-29T23:17Z 434.6K followers, 44.5K engagements
"@HotSpri75088483 Dealers and the QB. They just got sacked. Instead of [--] yards now they need [--] for a 1st down. Every additional bank that exits is an additional [--] yard sack"
X Link 2023-06-29T23:16Z 442.3K followers, [----] engagements
"@TurnerNovak @ThePeelPod Killer incredible"
X Link 2023-06-30T00:40Z 442.4K followers, [--] engagements
"If a car dealer has weeds on their lot you can be sure they also didnt change the oil in the car youre about to buy"
X Link 2023-07-01T12:02Z 442.3K followers, [----] engagements
"Bad credit is VERY expensive. The cars below are real purchases by real people. Check out the interest rates. (Data via @FullpathCDXP)"
X Link 2023-07-02T16:19Z 459.8K followers, 2.4M engagements
"Ive officially seen it all: [--] owners & [--] accidents ๐ฉ"
X Link 2023-07-03T03:11Z 442.3K followers, [----] engagements
"Will Tesla and Ford win the electric vehicle wars Some big news that didn't get enough attention: Volkswagen just stated that demand for its electric vehicles is running 30% below forecast due to "strong customer reluctance". It's now laying off 20% of its workers at its"
X Link 2023-07-09T17:35Z 442.3K followers, 869.8K engagements
"New month new record ๐ณ $1000 monthly payments aren't going anywhere. Nearly [--] in [--] consumers who financed a new vehicle in Q2 [----] committed to a monthly payment of $1000 or more an all-time high. Absolutely wild. (via Edmunds)"
X Link 2023-07-04T12:11Z 442.3K followers, 588.3K engagements
"Ford electric vehicle sales are slowing"
X Link 2023-07-06T13:23Z 462.9K followers, 4.3M engagements
"THE USED CAR KING ๐ How much money he makes as a used car dealer Exploiting seasonality in the business Unconventional case for buying old cars When CDG bought [---] cars with a credit card My convo with Joel Bassam President of Easterns Motors ๐บ or ๐ below:"
X Link 2023-07-14T16:07Z 442.3K followers, 497.6K engagements
"Recession. High interest rates. Apocalypse. And yet. New-car dealership stocks are at all-time highs. What How could this be CDG Here's one major reason: Pent-up demand is driving strong new-car sales. While I don't think that claiming an 11.2M vehicle deficit is 100% accurate (see my reasoning below) this chart is still a pretty good representation of the tailwinds driving the new car market. The counter argument to this narrative is that people are holding on to their cars for longer than ever. And some of this "accumulated deficit" will just. never be replaced ๐ So the real question is"
X Link 2023-07-07T18:47Z 458.9K followers, 447.1K engagements
"Regarding the 4th tweet showing an image of Fords in a parking lot: Fords spokesperson clarified that these specific units are for an Uber partnership. More details at link:"
X Link 2023-07-09T01:25Z 436.9K followers, 120.1K engagements
"The year is [----]. What % of all new cars sold in the U.S. are Electric Vehicles โก"
X Link 2023-07-09T00:09Z 442.3K followers, 2.5M engagements
"3 hrs in & nearly 30K votes. Pretty cool. How many votes do we need to declare this poll statistically significant"
X Link 2023-07-09T03:52Z 426.9K followers, 160.9K engagements
"@dreamsOfElihu Used and New cars compete. Hypothetically speaking if a New Jeep Cherokee receives a $2000 rebate from the manufacturer the Used equivalent is now worth less than before"
X Link 2023-07-09T22:57Z 442.3K followers, [----] engagements
"Some great comments below. Changed my mind. Trade-in is not THE greatest but it is one of the great tools if used correctly"
X Link 2023-07-11T13:54Z 442.3K followers, 20.7K engagements
"Gross profit margins of a used car dealership: Used cars: 6-8% Ancillary products: 40-60% () We're called car dealers but we're really "vehicle warranty and insurance" dealers"
X Link 2023-07-10T12:11Z 424K followers, 448.9K engagements
"A major reason why used car supply is at historic lows: Lease return rates have plummeted 83% over the past [--] years. No lease returns = no used cars to sell"
X Link 2023-07-10T14:28Z 433.5K followers, 500.2K engagements
"Alright this is big news. Used car prices fell 4.2% in June. The second largest monthly decline in history"
X Link 2023-07-10T14:34Z 442.4K followers, 2M engagements
"@LevelUp975 Makes sense given the population growth. Manheim doesnt provide Regional breakouts AFAIK"
X Link 2023-07-10T16:42Z 426.9K followers, 32.7K engagements
"@decainvestor Yup. Historically-low. Looks like between the credit crunch (lack of financing availability) and increasing new car incentives used car prices are going through accelerated deflation"
X Link 2023-07-11T06:30Z 442.3K followers, 33.2K engagements
"Can some technical-analysis Twitter guru explain to us WTF is happening"
X Link 2023-07-10T15:12Z 442.3K followers, 374.1K engagements
"Something very strange is happening. Used car supply is at historic lows yet we just experienced the largest monthly decline in used car prices on record. But that doesnt make sense If supply is so low prices should stay high right Wrong. It seems like between the Credit Crunch (aka lack of financing availability for consumers) and rapidly increasing new car incentives used car prices are beginning to experience accelerated deflation. Weird times my friends"
X Link 2023-07-10T22:35Z 463.2K followers, 4M engagements
"@alexlmiller You walking forever"
X Link 2023-07-10T22:57Z 442.3K followers, 249.1K engagements
"Confession: Im bullish on Twitter. This platform has just done a lot of good in my life: New relationships Business opportunities Unleashed my creativity That doesnt mean other platforms cant and wont do that. But it does mean that Twitter has done that. Twitter"
X Link 2023-07-11T13:58Z 442.3K followers, 270.3K engagements
"I have a unique proposal for all my followers (with a twist at the end). Introducing the CDG Insurance Policy its 100% free and has 0% to do with cars. Huh what read on. I write this monthly email to 45K subscribers. It contains insights into the car market auto lending and economy. Basically: Smart stuff that just never makes it to social media. People seem to really love it based on feedback but many people dont want to have to go off social media to read it. So the question I get asked often: WHY DONT YOU SHARE YOUR NEWSLETTER CONTENT DIRECTLY ON SOCIAL MEDIA My consistent response is that"
X Link 2023-07-11T22:55Z 442.3K followers, 955K engagements
"The car business is filled with surprises. We once sold a Mercedes E500 to a guy that looked like he just crawled out of a dumpster. You never know who's got money to spend"
X Link 2023-07-12T12:22Z 442.3K followers, 315.6K engagements
"If its easier for you just DM me your email and ill add you manually"
X Link 2023-07-12T12:34Z 442.3K followers, 56.1K engagements
"Someone asked me a super valid question. Why do used car dealers exist Heres how I responded: Because most consumers dont want to Recondition used vehicles Bear the potential risk of unknown repairs Arrange financing on their own (primarily subprime folks)"
X Link 2023-07-13T13:55Z 442.3K followers, 523.7K engagements
"Closures weve seen this year: U.S. Auto Sales American Car Center Sonic EchoPark (certain markets) + more Unfortunately this isnt the end of it"
X Link 2023-07-13T12:27Z 442.3K followers, [---] engagements
"When will used car prices drop Heres what were seeing: Luxury used cars over $40K are declining fast. Bread-and-butter cars under $25K are barely budging"
X Link 2023-07-13T22:03Z 459.9K followers, 640.3K engagements
"There is a very big misconception in the car market right now. Let me explain. I spoke with many car dealers over the past couple weeks. Dealers are telling me that their Used car profits are holding steady in light of cooling sales. Most dealers are still averaging $2000-$2500 of gross profit on each used car (not including added product sales). This sounds very healthy and normal. But its wrong and misleading. Heres the problem. The lower / no-margin deals are simply not getting done thus creating the illusion that used car profitability is normal and healthy. Tighter lending is leading to"
X Link 2023-07-14T11:06Z 442.3K followers, 822.3K engagements
"My tweets get 100M+ impressions per month. Time for an experiment Lets get your car sold on Twitter ๐ Sellers: Post a 1-sentence description of your car and the price. Buyers: Tell us what car youre looking to buy and your budget"
X Link 2023-07-15T13:55Z 455.4K followers, 989K engagements
"UPDATE: Ford electric vehicle sales are slowing. https://t.co/lUD7HzB0Nu Ford electric vehicle sales are slowing. https://t.co/lUD7HzB0Nu"
X Link 2023-07-17T12:46Z 462.4K followers, 2.1M engagements
"Exclusively for Twitter Best 0% FINANCE deals right now:"
X Link 2023-07-26T15:08Z 442.3K followers, 1.4M engagements
"Carvana stock is up over 1600% in the past [--] months. The company pulled off the unthinkable this morning: Reached a deal with noteholders to reduce its total debt by $1.2B Raising $1B in capital by selling new shares Reducing annual interest expense by $430M over the next [--] years After a crazy [--] months for the company it looks like its going to make it after all. ๐คฏ"
X Link 2023-07-19T13:44Z 442.3K followers, 1.8M engagements
"Under-discussed but auto loan rates on New cars are still rising. We set a new multi-decade record high in July: 9.17% APR. If you take out a $50K auto loan today (vs [--] mths ago) youll be on the hook for $7K more in interest expense over the life of a 5-year loan Wild"
X Link 2023-08-02T02:09Z 442.3K followers, 546.6K engagements
"Heres a secret: Some of the absolute best used car deals are posted on nursing home bulletin boards. Youre welcome"
X Link 2023-07-21T02:57Z 442.4K followers, 3M engagements
"@zenman741 You will drive an Oldsmobile and you will LIKE IT"
X Link 2023-07-20T14:04Z 442.5K followers, 49.6K engagements
"U.S. auto loan rejections have surged ๐ Basically unlike the past couple of years its a rough time to be a car shopper if you dont have decent credit and/or some money down. Have good credit and/or some money down Youre fine. Im closely watching what happens next"
X Link 2023-07-21T17:40Z 442.3K followers, 435.7K engagements
"What you see: Shiny new Cadillac Escalade What I see: 84-months of $1000+ payments"
X Link 2023-07-21T18:05Z 459.8K followers, 1.7M engagements
"I would much rather hire a sales person from a Jeep dealership than a Toyota one. One product requires real sales skills. The other product just sells itself"
X Link 2023-07-22T19:50Z 442.3K followers, 979.7K engagements
"@TylerGaboriault I like this analysis. Good point"
X Link 2023-07-22T23:11Z 442.5K followers, 25.9K engagements
"This is wild. Fiat sold only [---] vehicles in Q2. Less than [--] vehicles per DAY. Throughout the ENTIRE U.S. I knew the brand was dead but didnt know it was THAT dead. (via cox automotive)"
X Link 2023-07-25T15:00Z 459.7K followers, 2.6M engagements
"Interest rates for used auto loans are rising like sprouted chia: June 2022: 8.3% June 2023: 11% What will June [----] be ๐ค (via Edmunds)"
X Link 2023-07-25T16:58Z 442.5K followers, [----] engagements
"BIGGEST discounts on New vehicles right now ๐๐๐"
X Link 2023-07-25T21:13Z 442.5K followers, 685.3K engagements
"$1000+ monthly car payments are everywhere. But whos the culprit In part the vehicle manufacturers. They know youll pay-up for well-equipped vehicles so theyre strategically optimizing their inventories. Its simple: SELL FEWER Inexpensive base models SELL MORE"
X Link 2023-07-26T16:26Z 442.3K followers, 669.4K engagements
"This isn't a shitcoin. This isn't a meme stock. This is the average monthly payment on a new car"
X Link 2023-07-27T18:02Z 459.6K followers, 2.3M engagements
"You've heard of "street corn". But have you heard of "street purchases" Let me explain. Car dealers are aggressively blurring the lines between "wholesale" and "retail". This basically means they're acquiring more cars from "everyday people" as opposed to buying from an auction. In fact buying used cars from the public aka "street purchases" represented 13.5% of the inventory dealers acquired last year. But here's the wild part. That's nearly 3X more than in [----]. 3X Huh Why It's simple. Street purchases = no auction fees $$ more gross profit and a unique selection of cars. As auction"
X Link 2023-07-27T18:35Z 462.6K followers, 519.5K engagements
"Big news. I'm launching a new experiment. If you're considering selling your car try this for free: it's a new way to get a competitive bid on your car so you never leave $$$ on the table. what questions do you have http://cdgexperiments.com http://cdgexperiments.com http://cdgexperiments.com http://cdgexperiments.com"
X Link 2023-07-28T18:46Z 458.5K followers, 941K engagements
Limited data mode. Full metrics available with subscription: lunarcrush.com/pricing