Infrastructure debt is attracting institutional investors in the UK and across the world. The returns are much higher over traditional forms of investment, and this is why potential investors are eyeing the market today. The experts in the field of infrastructure debt are skilled professionals in the area of asset management, and they have the adequate resources when it comes to addressing challenges in the market. Their invaluable experience also helps in providing their clients with high…
ContinueAdded by Alices Forres on February 16, 2018 at 5:04am — No Comments
What is the best way to implement training to your team? Simple; The No-Rush System! This week, Jeff discusses how to implement training without rushing through it. Training is not something you DID, training is something you DO! This episode is a must watch for managers and dealers looking to implement training in the most effective and proven way.
Also available on iTunes, Stitcher,…
ContinueAdded by Jeff Cowan on February 15, 2018 at 12:00pm — No Comments
January 1 saw the enactment of Tennessee House Bill 141, to the collective groan of consumers. In a nutshell, this new law prevents consumers from suing car dealers if they purchase a used vehicle with an open safety recall, as long as it was disclosed, and the customer signed off on that…
ContinueAdded by Chris Miller on February 15, 2018 at 8:10am — No Comments
Video marketing is becoming more important as consumers increasingly choose this medium over others. That’s exactly why almost every platform has shifted to a video-centric algorithm.
I’ve spoken many times about the types of video a dealership should produce outside of inventory videos to create an emotional connection to your brand, dealership and…
ContinueAdded by Timmy D. James on February 15, 2018 at 7:54am — No Comments
DUBLIN, CA – February 13, 2018 – TagRail™, the creator of DealerTag™ and the Lexus Plus CEM App, announced today the integration of Market Scan and F&I Express services into its new Digital Retail Platform. Now TagRail’s platform provides shoppers a transactional-specific, penny-accurate vehicle finance and aftermarket product check-out and delivery experience from their livingroom to the showroom.
These integrations populate TagRail’s F&I tool…
ContinueAdded by Jim Leman on February 14, 2018 at 3:00pm — No Comments
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.
This week’s Black Book Market Insights report shows the early stages of the spring selling season, with cars holding retention better than trucks. The report also showcases the latest Black Book…
Added by Black Book on February 13, 2018 at 12:14pm — No Comments
This week, Jeff covers a forgotten rule of professional salesmanship- never forget the stops of a sale! Rather than focusing on the end goal or the steps ahead, take the time to STOP and recognize your presentation, have full attention to your product or service, and take the necessary stops to make it to the end. If you rush simply to get the sale or end goal, you are likely missing key points along the way! Each stop is an opportunity, so make each one count. Copyright 2018 Wm. Jeff…
ContinueAdded by Jeff Cowan on February 13, 2018 at 12:00pm — No Comments
According to Black Book® data, the average price of a used vehicle for model years 2012-2016 depreciated in value by -2.6% during January, slightly lower than the -2.9% shown the previous month. Cars overall dropped -3.0% and trucks decreased -2.3% in value during January. All vehicles are averaging a 12-month depreciation of -14.5%.
Luxury Cars showed the highest depreciation in January at -3.6%. Vehicles in the Luxury Car segment include the Mercedes Benz E-Class, BMW 5 Series,…
ContinueAdded by Black Book on February 13, 2018 at 10:58am — No Comments
If you haven’t noticed, a revolution is happening in our society. More and more businesses are going paperless. Airlines issue boarding passes via, email, text message or through a mobile app. Sporting and entertainment tickets are increasingly delivered via email or through a mobile app. Most credit card companies and banks send electronic statements and incentivize…
ContinueAdded by Ujj Nath on February 13, 2018 at 9:02am — No Comments
Added by Mike Gorun on February 13, 2018 at 9:02am — No Comments
Higher-Than-Average Number of Lease Shoppers Continued To Search for Luxury Leases Into January and Past the Holiday Promotions
Swapalease.com, the nation’s largest car lease marketplace, reports car lease credit applicants registered a 57.8% approval rate in January to begin 2018, down from 62.0% in December. January’s rate was higher than the 50% rate from a year ago in January 2017.
Some of…
ContinueAdded by John Sternal on February 12, 2018 at 12:00pm — No Comments
Added by Scot Eisenfelder on February 12, 2018 at 9:21am — No Comments
The transport and logistics industry means more than just receiving, loading and shipping boxes via ground, rail, air and sea. Imagine that a natural disaster could occur at any given moment. A tsunami impedes the ships from leaving the port or a dangerous and powerful storm forces the authorities to close the highways, shut down the airports and the bridges. Apart from causing panic and terror among citizens, these types of unfortunate events result in a real crisis for the transport and…
ContinueAdded by Cynthia Madison on February 12, 2018 at 4:17am — No Comments
Added by sara callahan on February 9, 2018 at 9:33am — No Comments
This week, Jeff covers the most asked question from service advisors: "How do I get the up-sell before my customer's car gets in the shop?" Well it's easy! The Buy-A-Suit Technique is the absolute best technique to let your customer know that they're in the right place, at the right time, with the person who is best to get the job done. Make sure you've got a pen and paper handy for this one! Copyright 2018 Wm. Jeff Cowan…
ContinueAdded by Jeff Cowan on February 8, 2018 at 12:00pm — No Comments
This week, Jeff covers the most asked question from service advisors: "How do I get the up-sell before my customer's car gets in the shop?" Well it's easy! The Buy-A-Suit Technique is the absolute best technique to let your customer know that they're in the right place, at the right time, with the person who is best to get the job done. Make sure you've got a pen and paper handy for this one! Copyright 2018 Wm. Jeff Cowan…
ContinueAdded by Jeff Cowan on February 8, 2018 at 12:00pm — No Comments
With interest rates expected to continually increase in 2018, despite the recent stock market sell-off, and used car prices continuing to fall this year, mostly due to rising supply, car shoppers often ask how rising interest rates and falling residuals may impact their payments.
Swapalease.com conducted an analysis of both scenarios taking into account a typical vehicle with an MSRP of $35,000. Here are the assumptions:
Term: 36 month lease
Residual: 49%
Interest…
Added by John Sternal on February 8, 2018 at 10:13am — No Comments
Manufacturers hold dealerships accountable for customer satisfaction and the overall experience in both sales and…
ContinueAdded by Chris Miller on February 8, 2018 at 9:11am — No Comments
Women report that a dealership’s website is the #1 digital resource they use when shopping for a car. Yet, 76% of women rate their dealer’s site at 3 stars out of 5. They’re looking for car dealer’s digital assets to deliver much more.
Currently, dealers’ websites are almost exclusively product focused. So what can you do to build trust, be welcoming, and make a better impression on your #1 market segment and increase conversions?…
ContinueAdded by Anne Fleming on February 7, 2018 at 1:13pm — No Comments
Ranked #1 in Dealer Satisfaction, ELEAD1ONE Receives 7 Award…
Added by Bill Wittenmyer on February 7, 2018 at 9:44am — No Comments
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