All Blog Posts (12,630)

Adaptation versus Adoption: How the Internet is Sucking the Craft out of the Retail Automotive Industry

Every week I am in a different dealership teaching, training and coaching on how to create incremental new and used vehicle sales, and every week I am disappointed by the way the retail automotive industry seems to be devolving.



On one hand, I suppose this is job security for a person in my position, Dealer Training Manager for a captive lender. On the other hand, it is and has been my passion and love for our industry that has made me successful, and to see the way dealerships… Continue

Added by David Simpson on April 26, 2015 at 4:00pm — 2 Comments

Adaptation versus Adoption: How the Internet is Sucking the Craft out of the Retail Automotive Industry

Every week I am in a different dealership teaching, training and coaching on how to create incremental new and used vehicle sales, and every week I am disappointed by the way the retail automotive industry seems to be devolving.



On one hand, I suppose this is job security for a person in my position, Dealer Training Manager for a captive lender. On the other hand, it is and has been my passion and love for our industry that has made me successful, and to see the way dealerships… Continue

Added by David Simpson on April 26, 2015 at 4:00pm — No Comments

2015 Fit & CR-V Are "Best Resale Value" Vehicles

Two 2015 Honda vehicles have been recognized by Kelley Blue Book http://www.kbb.com with Best Resale Value Awards!

This prestigious award honors vehicles expected to maintain the greatest proportion of their original Manufacturer's Suggested Retail Price (MSRP) after five years of ownership!

Added by Dwight Allred on April 25, 2015 at 11:06am — No Comments

Auto Dealer Risk Management: Negotiating Dealer-Lender Agreement Terms

Car sales are booming and lenders are clamoring for indirect financing business. Now is a good time to dust off and review your Dealer Agreement (a/k/a lender master financing agreements) with your lenders, particularly the warranty, indemnification and repurchase provisions. Dealerships can, and should, review the terms of their Dealer…

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Added by Greg Johnson on April 24, 2015 at 4:00pm — No Comments

FCA US Dealers: Service Revenue Just Got A Lot More Important

FCA US CEO, Sergio Marchionne, recently announced plans to reduce the profit on new cars sold within the FCA brands by increasing the invoice prices, while keeping the MSRP the same. This will result in less potential profit for its dealers. The move, as reported by Automotive News, is FCA's attempt to increase its profitability. This, of course, will probably…

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Added by Richard Holland on April 24, 2015 at 8:33am — No Comments

Is Having Too Many Pictures A Bad Thing? Perhaps

It wasn’t too long ago that we saw most dealers’ VDP pages contain only a couple of pictures of a vehicle. As technology improved and made it easier and more efficient for dealers to take and upload more images, best practices quickly raised the standard for image quantity to 40 or more pictures. Now, however, a recent article in…

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Added by Brian Cox on April 24, 2015 at 8:17am — 1 Comment

Mobilegeddon and the Solution to the Problem

Mobilegeddon and the Solution to the Problem

Mobilegeddon and the Solution to the…

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Added by JB Floyd on April 23, 2015 at 7:00am — No Comments

Extended Market Strength With Smaller Cars Strength

Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download the full report.

 

In this week’s report, the Black Book editorial team reports on data trends straight from the auction lanes that may be showing signs of a tired tax season. Comments from the lanes and data show that used…

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Added by Black Book on April 22, 2015 at 12:30pm — No Comments

Women Auto Know

     Motor Matters introduces an engaging, easy-to-read article series geared to women car consumers called, "Women Auto Know."

     Interested in featuring this content on your dealer web site or newsletter?…

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Added by Connie Keane on April 22, 2015 at 12:00pm — No Comments

The Credit Ladder

Imagine, if you will, a ladder. This ladder represents the entire credit market and each rung is a bucket of credit scores. At the top is the prime rung. Just below that is near prime and below that subprime. On many dealers' ladders, the lowest rung is below subprime. The problem with this rung is that it moves. Some months this rung is down around 550, some months it is up…

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Added by Al Mosher on April 22, 2015 at 11:30am — No Comments

Making a Difference

The greatest asset that I have is the ability to make a difference in the lives of others.  Encourage and inspire those around you to perform at a higher level. Live your life without any limits, doing what you were meant to do, and you will understand and feel an incredible inner joy. Click this link to read the full article.…

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Added by Rob Gehring on April 22, 2015 at 10:05am — No Comments

Uber Costs vs. Low Mileage Lease

Assuming you drive just under 10,000 miles per year, does it truly make more sense to Uber everywhere compared with car leasing?



There has been some debate over this recently; Below are some cost comparison breakdowns from national car leasing marketplace, Swapalease.com, that show leasing may be better for your wallet.



This example…

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Added by John Sternal on April 22, 2015 at 9:00am — No Comments

Twitter Can Be Used For Business Branding?

Twitter Can Be Used For Business Branding?

Twitter is a social networking and micro-blogging service that has about 248 million active users as of 2014.  When using this program, people send short…

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Added by JB Floyd on April 22, 2015 at 7:30am — No Comments

Five Things You Need To Look For In a Company Offering BMW Service in Dallas

According to a latest report, the average age for vehicles in America has risen to an all-time high of 10.8 years. Modern Americans don’t seem to mind driving their vehicle a tad long than compared to the older generation. Often the extended life and driving experience is backed up by quality repair and service. If you are in need of BMW service in Dallas you have a number of options to choose from. Nonetheless you need to be extremely choosy and not hand over your priced…

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Added by Diyana on April 22, 2015 at 1:34am — No Comments

Toyota Dealers Get Special Pricing For Internet Sales 20 Group 3 Day Workshop - New York - May 18-20


http://www.internetsales20group.com 856-546-2440

Toyota Dealers Get Special Pricing For Internet Sales 20 Group 3 Day Workshop 

Added by Sean V. Bradley on April 21, 2015 at 12:36pm — No Comments

Where to Hire New Salespeople

 

One of the challenges that all Dealers and Managers face in this business is where to find the kind of people that will grow their business and advance their goals for success.  Finding the right people in such a competitive market as the retail automotive industry can be…

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Added by David Lewis on April 21, 2015 at 10:09am — No Comments

We Invite all BMW Dealers to come to Our Internet Sales 20 Group in NYC


http://www.internetsales20group.com 856-546-2440

We Invite all BMW Dealers to come to Our Internet Sales 20 Group in NYC

Added by Sean V. Bradley on April 20, 2015 at 5:48pm — No Comments

EXAMPLE of Car Dealer's Value Package / Why Buy From Us Video - "Here Is Why You Should Buy Your Next Car From RK Chevrolet Subaru Kia "


http://www.BradleyOnDemand.com 856-546-2440

EXAMPLE of Car Dealer's Value Package / Why Buy From Us Video - "Here Is Why You Should Buy Your Next Car From RK Chevrolet Subaru Kia "

Added by Sean V. Bradley on April 20, 2015 at 5:41pm — No Comments

Make Money Mondays With Sean V. Bradley - Investing Your Money


http://www.BradleyOnDemand.com 856-546-2440

Make Money Mondays with Sean V Bradley - Investing Your Money

Added by Sean V. Bradley on April 20, 2015 at 5:33pm — No Comments

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