FOR IMMEDIATE RELEASE 

DEALNOW INDUSTRY SURVEY HIGHLIGHTS GROWING FRUSTRATION CONSUMERS FEEL WITH DEALERSHIP TRADE-IN QUOTES AND THIRD-PARTY SERVICES 

Consumers Believe Selling to Individuals Yields Better Prices Than Auto Dealer Trade-Ins or Third-Party Platforms 

Alpine, Utah – (October 29, 2024) – DealNow, a platform for…

by: Richard Nimphie, Dealer Management Coach

I am thankful for my mentors and am dedicated to assisting others likewise. Here are few fundamentals I learned through my mentors.........

1.Employee culture and retention:  I learned the importance…

DALLAS, TX – October 22, 2024 – Kerrigan Advisors, the leading sell-side advisor and thought partner to auto dealers nationwide, represented Dallas, Texas-based Cowboy Toyota in the sale of its dealership to The CAR Group (also known as Norm Reeves), the 23^rd largest US dealership group as ranked by Automotive News. This transaction represents Kerrigan Advisors’ fourth Texas Toyota franchise and 18^th Texas franchise sold since May 2023. Kerrigan…

Four Sources of OTDBs (Opportunities to do Business)

1)Walk-Ins for the first time

*Usually represents 50% of sales, however, should be less given the remainder of OTDB sources

 2)Internet OTDB…

Why Effective Onboarding Is More Important Than Ever

Meighan Newhouse

Forbes Councils Member

1 Employees need to be immersed in your culture from day one.…

Custom Report Offers Real-Time Visibility for Unique Dealership Inventory, Plus Key Data to Make Better Markdown Decisioning

DETROIT — Lotlinx, the auto industry’s leading VIN-specific data company for dealership inventory management, announced today a new Risk Report, offering a unique and customized view of a dealer’s inventory carryover, markdown, and aged risk data. This free report offers insights that…

 

New survey from eLEND Solutions shows 76% of dealerships today are less likely to want their DMS to handle the majority of sales and finance processes, and worry most about data breaches and phishing attacks, but lack adequate security assessments from vendor partners.

Foothill Ranch, Calif. – October 8, 2024 – The majority of auto dealerships are less likely to want their DMS to handle most of their sales and finance processes today than…

42% of credit unions report loan volume growth year-over-year, and 57% feel optimistic about rest of 2024, according to a new CULA survey, but uncertainties about presidential election and finance market pushing relief from liquidity and delinquency crises to 2025

San Diego, CA…

FOR IMMEDIATE RELEASE 

INTRODUCING DEALNOW: THE FIRST SAFE AND INSTANT PERSON-TO-PERSON ONLINE VEHICLE TRANSACTION PLATFORM 

Delivers Safe, Fast, and Fraud-Free Vehicle Transactions—Offering Instant…