Bay Area used car dealerships struggle despite upturn in prices, inventory

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Bay Area used car dealerships struggle despite upturn in prices, inventory
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Many small used car dealerships have struggled to stay in business while they wait for the market to stabilize, including one East Bay family that is feeling the impact.

Former used car dealership owner Tony Nino tells KPIX he can pick and sell cars with the best of them, but a grim market has driven him, and many other dealers like him, out of business.

But when the pandemic induced a shortage of chips and available cars, the ride for many dealership owners abruptly turned rough. His brother Ken runs and owns Divinci Motors, a small dealership in Vallejo. He has held on in the hopes that demand will stabilize this year as industry insiders claim, improving inventory and easing prices.

One customer drove all the way from Fresno to finalize a sale with the Ninos. But it hardly resembles what it once looked like.

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