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Slowing buy-sell market expected to rebound

Dealership buy-sell activity plummeted in the first quarter from year-earlier levels. But buy-sell advisers are confident sales will rebound.

Amid softer new-vehicle sales, dealership prices are slowly declining, buy-sell advisers say. Lower prices and tax reform could bump up the volume of deals by year end, they add, noting that public and private auto retailers as well as outside investors continue to look for deals. In addition, publicly owned retailers have more cash on hand after sharply curtailing stock buybacks.

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