When your cars have no buyers, how do you prepare for the future? The transfer of new-to-used, used-to-auction, and rental-to-auction has been at a two-month standstill, and the cars are piling up. Just six to… Read More »Reconditioning Your Way to Profit if Used Car Values Tank
Social distancing is the end of in-person auto auctions, at least for a while. If you are like most auction companies, you have switched to simulcast. An online-only situation and a potentially declining demand for… Read More »How to Help Your Laid-Off Automotive Employees Manage Unemployment
OEMs respond to replacement auto parts supply chain questions following the virus peak. Each day we wake up to a changing situation. What is breaking news this morning is old news by the end of… Read More »Will Parts Shortages Increase Your Time To Frontline Ready Following COVID-19 Shutdowns?
Being a successful car dealership is much more than attracting customers, efficiency among your departments, and selling cars. Those are all the basics any dealer can tell you are necessary to run a dealership business.… Read More »5 Key Tips For Conquering More Market Share At Your Dealership
Being a sales manager at a used car dealership is no easy task. It can be even more of a demanding role than a new car sales manager because you have to deal with acquiring… Read More »4 Big Management Mistakes For Used Car Sales Managers To Avoid
Your dealership’s recon operation is a profit center, but the amount of that profit depends on the choices you make and the process you administer.
According to a recent study from https://www.iseecars.com/ on 1.6 million vehicles that are three-years-old, the car’s paint color has a significant effect on how long it takes to sell and the vehicle’s depreciation. It may… Read More »How Vehicle Color Affects Depreciation
For those who manage multiple vehicles through a reconditioning process, like dealerships, fleet managers, auto auctions, and rental companies, employing multiple vendors and employees on top of the administrative duties of running the business can… Read More »Recon Vendor Management – Multiple Moving Parts and People
Faster Turn Times Improved Vehicle Volume Better Coordination For used car dealerships, management software is an excellent way to increase your efficiency both in the back-office and front-end operations. Having a system in place not… Read More »Advantages Of Management Software For Your Used Car Dealership