We saw some unique shifts in the automotive import/export industry this past July through September. Simply put, a lot changed in Q3. 

Not to fear, we're here to make sense of it for you. We've broken down the latest trends in export opportunities, insurance, interest rates, wholesale, and post-Covid.

Here’s what we explored in this Q3 report: 

Show me the money - The Canadian Export Opportunity (CEO) Report helps dealers pinpoint vehicles with the highest profit potential on their lots, offering real-time data to maximize exports and uncover hidden value.

Gimme shelter - Many Canadian exporters overpay for garage policies that don’t meet their needs. Switching to vehicle-by-vehicle insurance at $100 per vehicle provides flexible, cross-border coverage, saving costs and ensuring proper protection.

How low can you go? - Lower interest rates are set to boost demand as financing costs drop. With limited vehicle supply from the pandemic, rising demand could increase prices, allowing exporters to enhance profitability by acting swiftly.

Expect the unexpected - Wholesale prices are unpredictable, and the market hasn’t returned to pre-COVID seasonality. Exporters need informed strategies for depreciation in today’s market.

‍Flattening the curve - COVID continues to impact the used vehicle market, with fewer low-mileage, late-model cars available due to production delays. While new inventory stabilizes, exporters should monitor trends for emerging opportunities.

Stay informed. Stay profitable with Signal.

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