Dealers: Page 23
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Online Image Analysis and Used-Car Transparency
Advanced imaging technology can better inform customers of vehicle issues such as external damage that may not always be clear in the few uploaded images in each online listing.
By Jim O'Brien • Sept. 21, 2023 -
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Establishing a True Digital Presence for Used-Vehicle Retailing
Digital technology adoption statistics show dealerships are using digital retailing products as online tools, but relatively few also use them in the physical store.
By Ken Hill • Sept. 20, 2023 -
Stop! Time Thief!
Vehicle buyers unhappy with three-hour-plus dealership transactions, reports CDK Global.
By Nancy Dunham • Sept. 19, 2023 -
Your Cost: $1.8 Billion
Dealers pay hefty prices for synthetic fraud, TransUnion reports.
By Jim Henry • Sept. 18, 2023 -
Dealers Hunt for Used Vehicles
Dip in wholesale prices may soon impact retail
By Jim Henry • Sept. 11, 2023 -
Manufacturers’ Incentives Ease Sticker Shock
Dealers still struggle to secure affordable payments for consumers.
By Jim Henry • Sept. 7, 2023 -
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AutoNation Micro-Leases: Brilliant or Blah?
AutoNation is effectively creating its own premium used-car inventory through this micro-lease program.
By Adam Armbruster • Sept. 6, 2023 -
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Using Performance Metrics to Evaluate Digital Advertising
Displaying the right ads to an in-market audience that is interested in the VINs a dealer is selling will always be more effective than producing many ads promoting a wide variety of vehicles.
By Suzanne Reimer • Sept. 5, 2023 -
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Lending Without Stipulations Broadens Credit Access
Lending without the need for stipulations is now possible because of AI-powered technology harnessing the power of data analytics.
By Adine Deford • Aug. 31, 2023 -
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Variable Management Keeps Used Cars Moving
Variable management uses vehicle-specific data to help dealers understand each vehicle’s individual investment value and retail potential and then suggests appropriate action to achieve the best outcome.
By Derek Hansen • Aug. 29, 2023 -
F&I Managers Can Boost Profits by Partnering With Lenders
In-person meetings, goal setting are keys to finalizing sales, boosting revenue.
By Alysha Webb • Aug. 28, 2023 -
The Robots Are Coming
But artificial intelligence won’t replace dealership staff anytime soon.
By Steve Finlay • Aug. 25, 2023 -
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The Future of Vehicle Inspections Is Remote
Remote is a hot trend today in many industries – and with today’s technologies, there's no reason vehicle inspection won’t follow.
By Neil Alliston • Aug. 24, 2023 -
Dealer Best Practices for Handling Recalls
The service boosts revenue and safety but can sour customers on the brand and dealership.
By Steve Finlay • Aug. 24, 2023 -
New Vehicle Prices Flatline
Year-to-year vehicle price increases are at their lowest in a decade, Kelley Blue Book reports.
By Nancy Dunham • Aug. 23, 2023 -
Dealers Need Consumers to Plug In
Confusion about charging details is stalling EV sales, reports J.D. Power.
By Alysha Webb • Aug. 22, 2023 -
Subprime Loans Remain Elusive
F&I managers should expect lenders to continue to focus on prime and super-prime customers.
By Jim Henry • Aug. 18, 2023 -
Dealers Need Leads – But at What Price?
Alternative retail formats are embraced by consumers, but costly for dealers.
By Alysha Webb • Aug. 17, 2023 -
Dealers Can Connect With Customers Through Subscription Services
Free trials are key to engagement.
By Alysha Webb • Aug. 15, 2023 -
Used-Car Leasing ‘Gaining Traction’
"We think we figured it out. Now it’s a question of getting the word out,” says Mark Chandler of Credit Union Leasing of America.
By Steve Finlay • Aug. 14, 2023 -
Leasing Shows Signs of Life
Lease origination and returns grew in the second quarter of 2023.
By Jim Henry • Aug. 11, 2023 -
Used Vehicle Prices Dip Again
Manheim expects used car prices to continue to fall.
By Jim Henry • Aug. 10, 2023 -
Dealers Get Boost from OEM Websites
Website quality entices consumers, says J.D. Power.
By Alysha Webb • Aug. 9, 2023 -
Safe-Guard Products International Reaches Beyond F&I
The newly acquired company joins Safeguard in helping dealers reach futures goals and maintain loyal customer bases.
By Jim Henry • Aug. 8, 2023 -
Parts Shortage Plagues Russian Automotive Sector
Officials of Russian automotive companies are discussing pooling their resources and forming an investment consortium that would finance joint production of needed parts.
By Eugene Gerden • Aug. 7, 2023