While Many Lease Payments Hold Steady, Some Brands Decrease Monthly Rates While Others
Test an Increase in Rates
Wantalease.com, the nation’s first online car lease marketplace for new lease deals, reports the latest update on…
ContinueAdded by John Sternal on March 22, 2021 at 11:37am — No Comments
The 2020 Annual Blue Sky Report® by Kerrigan Advisors reveals a red-hot market, with blue sky values up 20% and over 100 transactions in the fourth quarter alone; Toyota’s blue sky multiples increase
Incline Village, NV, - March 22, 2021–The auto dealership buy/sell market set new records in 2020, despite starting the year with pandemic closures and lockdowns, and swept past 2015’s previous high-water…
ContinueAdded by Crystal Hartwell on March 22, 2021 at 10:26am — No Comments
Consumer interest drops dramatically when showroom offers are just $50 different from what consumer was quoted online
Market Scan Information Systems, Inc., an industry-leading automotive SaaS / PaaS solutions and data provider, today announced results from a recent consumer survey it completed focused on consumer behavior associated with automotive digital retailing. The survey…
ContinueAdded by John Sternal on March 18, 2021 at 8:07am — No Comments
Phone and email are the titans of customer communications and most likely form the backbone of your business development. But they shouldn’t be the only way you communicate with customers. Relying on only one or two traditional forms of communication can be fatal to your dealership.
Customers today expect to be able to converse with you through multiple channels. Everything from texting to Live chat to Facebook messenger. And they want those communications to be seamless and…
ContinueAdded by JoAnn Bedenbaugh on March 17, 2021 at 12:31pm — No Comments
We have all had that service call that starts with.… “My check engine light is on.… what’s wrong with my car? You can’t just tell me over the phone?” Sometimes the customer understands that a trained diagnostic technician is the best person to take a look and see what’s going on under the hood, and sometimes they just don’t. For the customers that get…
ContinueAdded by Justine Picciotti on March 17, 2021 at 12:30pm — 2 Comments
For decades, the unofficial motto of the auto industry seemed to be “we’re for anything but change.” Then the pandemic threw our “normal” sales process into a tail spin. Seemingly overnight, dealership floors turned into ghost towns and the sales process moved online.
While some dealerships are in states that are now open with decent…
ContinueAdded by Philip R Spagnoli on March 17, 2021 at 12:21pm — No Comments
Ladies and gentlemen, we are back with our newest video series, Ali Reda’s Road to Sales Success…
ContinueAdded by Damian Boudreaux on March 17, 2021 at 11:30am — No Comments
CINCINNATI, OHIO (March 15, 2021) – Swapalease.com, the nation’s largest car lease marketplace, reports car lease credit applicants registered a 70.8% approval rate in February. The approval rate is a slight increase from the 68.3% approval mark that opened up…
ContinueAdded by John Sternal on March 15, 2021 at 11:17am — No Comments
Video marketing in the automotive industry is very dynamic, which makes it essential to keep your videos relevant and sensitive to your market.
During this pandemic, video has proven to be a tremendous tool for communicating with customers and potential customers, helping to gain their trust and create more impact in every stage of the sales…
ContinueAdded by Timmy D. James on March 12, 2021 at 10:37am — No Comments
One Year Into the COVID-19 Pandemic, Purchasing Timelines Are Faster, First-Time and Urban Car Buyers Increased, and New and Used Prices Inch Higher
CHICAGO, March 10, 2021 — One year from the start of a historic worldwide pandemic that changed commerce and transportation, maybe permanently, leading automotive digital marketplace and solutions provider Cars.com Inc.…
ContinueAdded by Allison Phelps on March 11, 2021 at 5:53pm — No Comments
I get it. We’re in the digital age where Siri and Alexa pretty much run our lives and we would all rather send a quick text or voice message instead of picking up the phone.
But we also want speedy and productive physical interactions especially during a pandemic where the world is nervous to get closer than six feet to one another or simply crack a smile (through a mask).
This means that the phones are now ringing off the hook and believe me, we have the calls to support this…
ContinueAdded by Alivia Heath on March 11, 2021 at 3:24pm — 3 Comments
Alliant opens up vehicle leasing to members in Pennsylvania
SAN DIEGO - March 11, 2021 - Credit Union Leasing of America (CULA), the leader in indirect vehicle leasing for credit unions for over 30 years, is helping power the expansion of Alliant Credit Union’s vehicle leasing program into Pennsylvania, completing their first leases in the…
ContinueAdded by Crystal Hartwell on March 11, 2021 at 9:42am — No Comments
Urbandale, IA—March 10, 2021— FlickFusion has released a Chrome extension for Google Chrome that provides a place for dealers to store and access links to video landing pages. The Chrome extension makes it easy for dealers to send customers links to video landing pages, simply by copying and pasting the URL or HTML links into emails, chat boxes or text messages.
“The process of sending a video or link to a video landing…
ContinueAdded by Timmy D. James on March 10, 2021 at 9:57am — No Comments
Are you running an internal BDC at your dealership without the tools necessary to measure if it’s profitable? Do you know how many calls agents are making per day, who they are contacting, if they are connecting, and what campaigns are making money? You would be surprised how many dealerships don’t track this data.
Many have arbitrary goals,…
ContinueAdded by Scott Davis on March 9, 2021 at 11:39am — No Comments
People mostly don’t care much about the tires until a problem arises and at that time they need to take their vehicle to their call dealership or auto repair shop for replacement or repair. Whether to repair or replace the tires of your vehicle depends on various factors including the degree of damage and the location.
Considering the degree of damage
In case the tire’s sidewall is damaged, your car’s tire needs to be replaced. However, if it is only the threat…
ContinueAdded by Asad Shoaib on March 9, 2021 at 7:07am — No Comments
PALO ALTO, CA – MARCH 08, 2021 – Rapid Recon, a reconditioning software company that helps auto dealers sell used cars sooner to maximize their profitability window, announced today workflow transparency for dealers’ new-car operations.
This new workflow for new-car operations is identical to the Rapid Recon reconditioning workflow software and processes for its used-car system. In both cases, inventory is auto-imported into…
ContinueAdded by Jim Leman on March 8, 2021 at 9:30am — No Comments
As we roll into the second quarter of 2021, it might be a good time to evaluate your dealership’s reinsurance program. Last year many dealers were blindsided by the pandemic, and thus forced to pay closer attention to technology, operations and staffing issues. Then, to cap the year off, a tumultuous election ushered in a new administration.
…
ContinueAdded by Dave DeCredico on March 8, 2021 at 9:15am — No Comments
Two high-volume Florida dealerships sold to LMP Motors.
Incline Village, NV, - March 8, 2021 – Kerrigan Advisors, a leading sell-side advisory firm and thought leader to auto dealers in the US, represented and advised Fuccillo Automotive Group, one of the largest private dealership groups in the nation, in its recent sale of Fuccillo Kia of Cape Coral and Fuccillo Kia of Port Charlotte in Southwest Florida to…
ContinueAdded by Crystal Hartwell on March 8, 2021 at 8:18am — No Comments
Just like we often realize that grass isn’t always greener on the other side, moving to a bigger space does not necessarily have to be the right choice for everyone.
If you ever thought if only…
ContinueAdded by Harris Scott on March 5, 2021 at 7:38am — No Comments
‘It’s Matchical’ Spotlights the Extraordinary Intelligence Behind Cars.com’s Match of 20 Million Monthly Unique Shoppers, With 50,000 New Cars Added Daily.
The breadth and depth of its first-party data, paired with smart matchmaking technology, enables the Cars.com marketplace to successfully connect its more than 20 million monthly unique car shoppers with the vehicles that meet their needs, budgets and exceed…
ContinueAdded by Allison Phelps on March 4, 2021 at 4:30pm — No Comments
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