All Blog Posts (12,618)

Auto Lenders: Why Small Cars Might Be Deserving

Smaller cars, such as Sub-Compact Cars, have faced much higher depreciation recently compared with Full-Size Pickups. This might make an auto lender prefer the pickup over the small car for their portfolio. However, residual forecast data from Black Book show that the pickups will face a steeper depreciation curve in the coming years. Which one is better for a lender's portfolio going forward?

 

 

Sub-Compact…

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Added by Black Book on November 17, 2016 at 10:14am — No Comments

CREDIT APPROVAL RATES REMAIN LOW IN 2016

Swapalease.com, the nation’s largest car lease marketplace, reports car lease credit applicants registered a 61.5% approval rate for October, a -4.9% decrease from the previous month (64.7%). A year ago, the approvals rate was just 75% during the same month.

 

Throughout 2016 the lease credit approval rates have been volatile, fluctuating from month to month. As a whole, this year’s approval rates have been down in comparison to…

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Added by John Sternal on November 17, 2016 at 9:37am — No Comments

Kia of Puyallup Increases Website Visitors, Video Views and Sales with Flick Fusion's SmartFlicks Video Marketing Platform

Urbandale, IA--November 15th, 2016--Kia of Puyallup has increased the volume of its website visitors by 23 percent, video views by 500 percent, new car sales by six percent and used car sales by three percent since implementing a new video marketing strategy using Flick Fusion's…

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Added by Timmy D. James on November 15, 2016 at 1:33pm — No Comments

Market Values Decline Slows but No-Sales Continue to Remain High

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…

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Added by Black Book on November 15, 2016 at 12:57pm — No Comments

SWAPALEASE.COM UNVEILS INAUGURAL QUARTERLY AUTO LEASE TRENDS REPORT

Swapalease.com, the nation’s largest online car lease marketplace, today released its first-ever quarterly report on auto leasing, available by clicking here. The auto lease trends report covers a variety of lease pricing, brand, and consumer demographic data on auto leases during the third quarter, 2016. Swapalease.com will begin producing similar reports each quarter to offer data and insight that…

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Added by John Sternal on November 15, 2016 at 12:52pm — No Comments

More Features for Instagram Stories, More Ways to Connect With Periscope, & More!

This Week in Social Media

 

News for the Week of November 14

 

Instagram Adds More Features to Stories

New Instagram Stories features, including Boomerang, Mentions, and Links have been added…

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Added by Joseph Little on November 15, 2016 at 12:03pm — No Comments

Reel in Millennials with a Virtual Reality Lounge

 

 The power of the Internet coupled with how to sell to Millennials – now the largest generation in the US – has sent many in our industry into a tailspin. Since more people prefer to research and shop online, visits to an actual dealership are at an all-time low. Buyers today visit slightly more than one dealership before buying, down from 4 to 6 visits a few years ago. As a result, dealers are not seeing as many walk-ins, and it’s becoming difficult for manufacturers to…

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Added by Brian Wiklem on November 14, 2016 at 5:23pm — No Comments

21st Century T.O.s

How far should a salesperson take the transaction before they get someone else involved? When is the right time to make a "turn over"? What is the best way to make a turn? Should turns even be made?



These are questions common to virtually every car training event I've been involved in. My colleagues and I (in the training field) each have our own experiences,…

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Added by Michael D. Hargrove on November 14, 2016 at 3:10pm — 1 Comment

How to Create a Bold Automotive Service Department and Increase Sales

Great Tips for Service Departments, Service Advisors, and Service Managers

So you have been in business for a while and you’ve built a name. It’s a name that draws customers in to your service department like bees to honey. The problem is, your business is drawing in more customers than you can handle. You have volume, but…

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Added by Jeff Cowan on November 14, 2016 at 1:08pm — No Comments

Ring – Delete - Repeat

How many times per day do you decline to answer your phone because you don’t know who is calling? How many pieces of mail do you throw away unopened on a daily basis? Are all the promotional mail pieces going straight into the trash can once a week?

 

Well, do you think your customers act any differently?

 

Sure, you get some bites on the line…

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Added by Ujj Nath on November 14, 2016 at 8:38am — No Comments

Lower Vehicle Declines Last Week

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…

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Added by Black Book on November 11, 2016 at 9:59am — No Comments

Evaluated Auto Insurance Price

Car Insurance gives you evaluated cheap motor insurance for motorists that are fresh and offers free assets on car insurance for person. You have full approval to reprint this article supplied the hyperlinks and this part are stored unchanged.

Car-insurance premiums and rates are most likely never going to function as the same. Auto insurance is an assortment of…

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Added by Molly on November 11, 2016 at 9:35am — No Comments

How To Source For A Cheap Car Insurance



In globe that is today’s, it would appear that just about any subject is available for discussion. I had been very amazed to locate a few of the problems about inexpensive auto insurance for youthful motorists I believed were resolved are actually being overtly mentioned although I had been collecting details for this short article.

Trying to find inexpensive auto insurance as well as as review automobile insurance around, we’ll help plan functions are compared by you. We seek a…

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Added by Molly on November 11, 2016 at 8:57am — No Comments

How Vehicle Warranties Are Helping The Uk Mass

In planet that is today’s, it seems that nearly every subject is available for debate. I was quite surprised to discover several of the problems about cheap car-insurance for youthful owners I imagined were resolved are now actually being openly reviewed, though I had been collecting specifics for this article.

Searching for cheap motor insurance and the as review automobile insurance around, we’ll allow you to review coverage attributes. We seek a wide range of brand names in London…

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Added by Molly on November 11, 2016 at 5:53am — No Comments

In-Vehicle Technology, Safeguards, & Dealership Opportunities

 

Just about everything we buy now has some sort of smart technology—and as soon as new products are created, safeguards must be put in place to protect consumers and their purchases.  While we’re excited when new technology is introduced, we’re wary of those who wait on the sidelines and try to sneak their way in.  When it comes to automotive,…

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Added by Joseph Little on November 10, 2016 at 3:11pm — No Comments

Every Service Department in the Country Faces These Challenges Daily

  1. Lack of Customers in your Service Drive...The Right Customers
  2. Too Many Late Model Recall Units
  3. Declining Dollars per RO
  4. Too Many "Waiters"
  5. Service Retention Rates of 30% or Less
  6. Continued Customer Defection
  7. Too Many In-bound Customer Phone Calls Inquiring about Vehicle Status
  8. Too Few Aged Recall Units (3-7 Years)
  9. Minimal Success with the Sales of Additional Service Recommendations (ASRs)...20-30% is…
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Added by Ken Hite on November 10, 2016 at 2:56pm — No Comments

Whether you're a guy or a girl, officially all motorists must have an insurance protection for his or her car. You can find several car insurance companies offering insurance. Usually, the charges of…

Whether you're a guy or a girl, officially all motorists must have an insurance protection for his or her car. You can find several car insurance companies offering insurance. Usually, the charges of car insurance depend on variables like ratings and age. Some businesses might also examine how frequently his automobile is used by an individual. A fulltime student with good scores is not unlikely to get an automobile insurance at prices that are…

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Added by Molly on November 10, 2016 at 5:17am — No Comments

7 Car Maintenance Tips for The Coming Winter Months

For most of us, we only think about car Maintenance when something breaks or starts making a funny sound. Most of the time, these issues can be avoided by caring for your vehicle. The changing of the seasons put a unique stress on certain components that can cause your transportation to malfunction. The Summer and Winter seasons are especially hard on various systems. Luckily we have a small check list for the upcoming…

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Added by James Helliwell on November 9, 2016 at 4:00pm — No Comments

Your Online Reputation Is Who You Are… to Your Customers

Before the Internet people chose who to do business with based on their community and word-of-mouth. There were no review sites. Now, however, review sites are flourishing -- just about every third party listing service has adopted them and there are many stand-alone services too.

 

Consumers increasingly conduct their research online during their car shopping…

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Added by sara callahan on November 9, 2016 at 12:18pm — No Comments

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