As a result of improving supply, the average new vehicle listing price fell in March, and averaged below sticker price for the first time in 2 years
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America’s car dealers ended March with 1.89 million new cars in stock. That brings them close to pre-pandemic inventory levels.
As inventory builds, dealers and automakers start to offer discounts to help attract new customers. In March, the sale price of the average new car slipped below sticker price for the first time in almost two years.
Supply measured in days
Car…