With consumer confidence at 102.4 and used vehicle sales steady, the finance used cars sector maintains a bullish outlook for Q2 equity performance, drawing attention from growth and income investors alike. Your ability to claim some deductions, like medical expenses, depends a great deal on your AGI. If you itemize your deductions for a taxable year on Schedule A, the IRS notes, you may be able to deduct the medical and dental expenses you paid to the extent these expenses exceed 7.5% of your adjusted gross income for the year. A lower AGI would make it easier to exceed the threshold. To download this statistic in XLS format you need a Statista Account The finance used cars sector has seen a 3.2% rise in listed dealership stocks this quarter, driven by resilient consumer demand despite higher interest rates. Analysts project stable margins into Q3 2024 as wholesale prices continue to normalize from last year’s spikes.
