All Blog Posts (12,618)

Sporty Car and Compact Van Depreciation Increases

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. …

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Added by Black Book on November 28, 2017 at 12:11pm — No Comments

Why In-House Administration Can Fail

Mistake number one: Wearing too many hats at the dealership which results in too many interruptions.

Most often the warranty administrator gets pulling in many directions while working at the dealership. Here are a few examples:

They are most often the backup for the cashier. I have often seen the warranty admins come in early to get a jump on the day…

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Added by AWN INC on November 28, 2017 at 10:46am — No Comments

Poor Communication is Killing your CSI

Are your employees communicating well at your dealership? At most of the dealerships I have visited they are not! …

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Added by Ujj Nath on November 28, 2017 at 9:54am — No Comments

Dealership Transaction Values at Record Levels as Sellers Continue to Flock to Market, according to The Blue Sky Report® released by Kerrigan Advisors

 

 

Buy/Sell market remains highly active as concerns about disruptive technology drive dealers to sell; over 200 transactions projected to close in 2017

 

Irvine, CA –November 28, 2017 – The auto dealership Buy/Sell market is poised for its most active year ever, with over 200 transaction closings projected for 2017, according to…

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Added by Crystal Hartwell on November 28, 2017 at 9:30am — No Comments

The Essential Ingredient to Customer Loyalty

When it comes to customer loyalty, o…

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Added by Mike Gorun on November 28, 2017 at 9:25am — No Comments

Price, Profit and Transparency

22 years ago, as the General Sales Manager at the dealership where I was working, we were dealing with something new.  A dealer 30 miles away had come up with a strategy to sell new trucks.  A customer would call, email or send in an Internet inquiry about a new vehicle and without any consultation at all, they would fax or email that vehicle's invoice…
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Added by Jim Webb on November 28, 2017 at 7:00am — No Comments

How responsible are YOU for KPI scores?

~by Sally Whitesell for Auto Success Magazine

These days you cannot walk into a supermarket or fast food restaurant without getting asked to fill out a survey. “You might even win a prize!” However, most of us do not take the time to fill out surveys unless we have had a bad experience or someone has really “wowed” us with excellent service; which brings me to my…

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Added by Sally Whitesell on November 27, 2017 at 12:00pm — No Comments

"...FIGHT BACK AND TAKE YOUR RIGHTFUL POSITION ON THE SEARCH ENGINES..."

Advanced Dealer Systems (ADS) encourages Dealers to fight back and take their rightful position in the search engine results page! Dealers should stop being held hostage by huge dealer groups and Third Party Lead providers. What many dealerships don't realize or understand is they can now generate and harvest their own leads by taking control of their web presence and creating lead generation opportunities that align with…

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Added by Timothy Wilson on November 27, 2017 at 9:47am — No Comments

Are Dealers Really Ready for Multi-Touch Attribution?

By Steve White  

 …

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Added by Steve White on November 27, 2017 at 9:32am — No Comments

Record Weekly Decline for 2017

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. …
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Added by Black Book on November 22, 2017 at 11:27am — No Comments

What's Your Impact?

All of us have individuals in our lives that for better or worse impact who we are as a person forever. One of those individuals for me was a technician I worked with while being a fixed ops director for a car dealership. He came up to me one morning asking me to read a brochure then have a meeting with him. The brochure was…

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Added by Rob Gehring on November 22, 2017 at 9:30am — No Comments

Can Anything Else Go Wrong?

Oh, my goodness can anything else be wrong in this repair order?

I guess I never will see a dealer who follows all the warranty policies, but I always expect that at least they try to follow the correct processes. Well, I guess I never cease to be surprised by my dealer visits. How in the world do we get so mixed up on getting the process…

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Added by AWN INC on November 21, 2017 at 11:02am — No Comments

Making the Case for Texting Consumer Recall Notices

Technology has made a huge impact upon our modern society. In the past, …

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Added by Chris Miller on November 21, 2017 at 10:06am — No Comments

Sometimes It’s the Small Things that Matter Most

In building customer loyalty,…

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Added by Mike Gorun on November 21, 2017 at 9:45am — No Comments

How to Choose the Right Diesel Turbo for Your Vehicle

Diesel engines are at the top when it comes to representing state-of-the-art technology in high power density, good fuel economy, and excellent drivability. It is now possible for diesel enthusiasts to easily upgrade for an additional performance booster as the aftermarket is full with numerous high-performance requirements. Being the most important air system component, turbo plays an essential role in performance equation. So,…

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Added by Mark Simon on November 21, 2017 at 12:00am — No Comments

Tips for New Sales Associates

Starting a new career in automobile sales can be both exciting and nerve-wracking, especially if you’ve never done it before. If you are new to the automobile industry, you may be thinking about the best way to interact with the customers that come to the dealership. There are many things you can do to be the best sales associate you can be.

It is not a secret…

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Added by Derek White on November 20, 2017 at 2:10pm — No Comments

TheoryOf5 Podcast

Check out The TheoryOf5 Podcast
With Chris Saraceno


https://youtu.be/hab86eEqnnA






https://www.facebook.com/CBSaraceno/posts/741647642696564



TheoryOf5.com

Added by DealerELITE on November 18, 2017 at 11:30am — No Comments

SWAPALEASE.COM SURVEY ON INCENTIVES SHOWS MORE DEALERS INCREASING INCENTIVES ON LEASES IN 2017

Swapalease.com, the nation’s largest online car lease marketplace, today unveiled results of its latest survey on incentives, with dealers saying they’re offering roughly the same incentives on financed vehicles in 2017 compared to last year, but are offering 3X as much incentives on lease deals today versus a year ago.

Incentives Jump for…

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Added by John Sternal on November 17, 2017 at 2:27pm — No Comments

Serent Capital Invests in CallRevu, Automotive’s Top Performing Call Management Solution

Serent Capital Invests in CallRevu, Automotive’s Top Performing Call Management Solution



Baltimore, MD – November 16, 2017 – CallRevu, a leading provider of automotive dealer call management software that delivers dealership customers critical call performance data, has entered a partnership with Serent Capital, a San Francisco-based private equity firm focused on investing in high-growth technology and services businesses.



CallRevu’s solution is comprised of data-rich… Continue

Added by DealerELITE on November 16, 2017 at 6:23pm — No Comments

Marketing vs. Content: It’s a Matter of Perspective

In a world filled with noise, companies large and small are competing for consumer attention…

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Added by sara callahan on November 16, 2017 at 9:41am — No Comments

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