The average UK car dealer saw a year on year profits rise 50% to £9,000 in April, according to the latest data from ASE, the dealer profitability specialist. The improvement was achieved despite a fall in return on sales from 1.3% to 1.23% in the rolling year to date. “The fact that we have seen
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Dealer profits rise 50% in April but return on sales fall
Dealers told to prepare for bumper post-Christmas car sales
Dealers have been advised to prepare for a bumper sales period following Christmas day as car buyers return to the market after the festivities. James Broadhead, CEO of Close Brothers Motor Finance, said dealers should benefit from the expected wave of purchases following Christmas Day which Experian estimated saw £480m spent by consumers this year’s
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