Building your gross profit has to be a priority for anyone in business today. Without enough gross profit, you are doomed to failure. Today let’s look at some proven ways for your dealership to build fixed operations gross profit.

The first consideration in building gross profit must be customer…

 86% of dealers expect dealership values to increase or remain the same over the next 12 months according to the first-ever Kerrigan Advisors Dealer Survey

Irvine, CA, October 21, 2019 – Kerrigan Advisors, the leading sell-side advisor and thought partner to auto dealers in the U.S., today released results from its first annual dealer survey. The firm’s first-ever…

Self-control is the ability to regulate one’s emotions, thoughts, and behavior in the face of temptations and impulses. An example of self control is when you want to use something but you apply your will-power to avoid the use of that thing such as drugs. It means that you have self control of your wants.  People with greater willpower and better self control habits may perform better in life, have higher self-esteem, better physical and mental health.Self-control is the ability to regulate…

A dealership can be a very profitable business whether you sell used or brand-new cars. However, sometimes you may not get as much revenue as you were expecting from your dealership business. Here are 5 ways to increase your profit from your dealership company:  

1. Offer prepaid maintenance programs 

Offering prepaid…

A recent Affinitiv survey of 1,000 automotive consumers reveals that dealerships are falling short when it comes to delivering personalized, online shopping experiences to customers. In the same study, we analyzed a sample of 100 dealer websites to better understand the current level of personalization that dealers are offering.

Why the focus…

On a recent trip to NYC, I noticed Facebook had a Times Square advertisement—with an estimated annual cost of $1.5 million--that really wasn’t all that much about Facebook.

For a company with a market cap of well over $500 billion, it’s not a huge number, but not…

“Hey Alexa, order me more shampoo. Also, can you get me a trade number on customer Smith, make sure that our inventory is up to date online, improve my service drive experience, skyrocket our profitability, and find out why John didn't show up today? Thanks, Alexa!”

Anyone else tired of hearing that Amazon, Apple, and Google should be the gold…

Welcome back to our video series, Ali Reda’s Road to Sales Success! We’ve been keeping you up to date on our friend, Carlos Huerta. He came in several months ago brand new to the business - just a man with his own community. He’s been working very closely with Ali Reda since the very beginning, and we’ve been happy to walk you through this process since we…

For those with a tendency to make things more complicated than things really are “Keep It Simple, Stupid” served as a consistent concept that kept Advertising meetings from turning into Geek Speak aka Information Technology (IT) sessions. Instead of discussing…

I have been hired numerous times to perform training in stores that are not mentally or physically prepared for growth. Mentally, because their advisors think they are doing well enough and don’t see the growth potential in their position. Physically, because the shop is already full, or scheduled work is backed up for days. 

In order to help you get…

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Swapalease.com Compiled 5 Most Reasonably Priced Automobile Leases Around the Country

Swapalease.com, the nation’s largest car lease marketplace, today announced the five best lease deals for the Halloween holiday. Vehicles were selected by Swapalease.com advisors based on new lease price data for the month of October. Swapalease.com customer advisors help guide shoppers into the right lease vehicle that fits their automotive needs.



The…

We’re back with Ali Reda’s Road to Sales Success. Last week in our video series we asked the question, Who Gets the Credit? That’s you, my friend! We’re happy to offer all the tools to get you to your next level of sales, but it’s you who has to do…

Turning on and off. Starting and finishing. Each on your own terms. What’s not to like about that?

If you ever wonder where the appeal of Instant Gratification exists in the transportation industry, look no further than Uber. And then wonder whether your sales team…

It’s a well-known fact the best leads aren’t the ones that are bought, but those that convert on your website. These leads close faster, close at a higher rate, and close for higher gross than any other online lead. The problem is that websites are consistently converting less than 1% of their traffic into leads. Some are higher, some lower, but rarely does…

India has become the biggest and definitive platform for startups. The nature of these startups ranges from a simple business selling a unique product to a technological startup selling a unique application. However, the success of any startup depends on the type of product, its benefits to the ultimate consumers and its reachability. Any corporate company can make a unique product but ensuring its wide reachability is an entirely different matter. Simply writing good content on any blog to…

Longtime area dealer sells successful dealership to Maroone USA, Serra Automotive and Pat Grooms

Irvine, CA, October 2, 2019 – Kerrigan Advisors, a leading sell-side advisory firm to auto dealers in the U.S., represented and advised owner Mike Peebles in his recent sale of Longmont Ford, one of the most successful Ford stores in the Metro Denver area. The buyers are a partnership between Maroone USA, owned by Mike Maroone, former…

An actuator transforms the load signal into a structure usable by the system. It might legitimately control the procedure or drive another segment which fills in as the central controller. The load signal might be of any kind like, pneumatic, electric or…

I believe we must continually be observant and challenge ourselves with this question “what can we learn from this?”. The strike at General Motors has made a bunch of news lately. However, today I thought it would be timely to discuss what we can learn from this current situation.

During a recent dealership visit, a…

Indeed buying a used vehicle is an exciting experience as you get to own a car at about fraction of the new car. Buying a used car is good for financial health as it saves a lot of money on the registration fees and other costly taxes that are levied on new cars. But before you took out money out of your pocket, it would be wise to check the overall health of the car.…