The large volume of vehicles coming off lease in the coming years could contribute to an overabundance of supply that may outstrip demand and exacerbate profit margin compression. Dealers can turn this risk into an opportunity by improving operational efficiency, increasing inventory turn and optimizing CPO strategy. Cox Automotive’s chief economist, Jonathan Smoke, will discuss how this record influx of inventory will impact the entire automotive marketplace while also examining economic indicators, credit and other vital topics and trends affecting the industry in the years to come.

Tags: NADAShow, 2018, N18DE16, dealer executive, lease, leasing, certified pre-owned, CPO, inventory, trends