Posts
J.D. Byrider opens Memphis location
MEMPHIS, Tenn. – Memphis-area residents have another option for purchasing used cars now that a new J.D. Byrider location is open at 2580 Mt. Moriah Road. The 30,900 square-foot location offers used car sales, financing and a customer service cente
Dec 13, 2012
Used Depreciation Improves Considerably in November
According to December’s edition of Guidelines, NADA Used Car Guide’s monthly market update, used depreciation improved in November. Click here to download a PDF of Decembers edition of Guidelines NADA Official Used Car Guide Upd
Dec 13, 2012
Manheim’s Simulcast Now Available on Mac
The Real-Time Audio and Video Virtual Auction Platform Can Now be Used on Multiple Browsers on a PC or Mac® ATLANTA – The world’s largest vehicle wholesale auction marketplace just got bigger with the release of the Simulcast multi-browser featu
Dec 13, 2012
Manheim Index Rises Again in November
According to Manheim Consulting, wholesale used vehicle prices rose by 0.6% in the month of November. The November Manheim Used Vehicle Value Index was 122.6, which represented a 1% decline from a year ago, a 25% increase from the trough in December
Dec 13, 2012
How Effective Online Listings Can Increase Dealership Foot Traffic
Shoppers are motivated to purchase the right car at the right dealership, so it is more important than ever for dealerships to maximize online listings to attract consumers to their lots. New-car shoppers plan to spend an average of 27 hours research
Dec 12, 2012
Edmunds.com Advises Car Owners to Reconsider Installing Inexpensive Recycled Airbags
SANTA MONICA, Calif. — Car owners who need to replace a vehicle’s airbag should only consider replacements produced by the car’s manufacturer, says Edmunds.com, the premier resource for car shopping and automotive information. And while it’s
Dec 12, 2012
Posts
Dealer/GM NewsFinance & Insurance NewsFixed Operations NewsPre-Owned Sales & Marketing Strategies
BMW Recalls 29,000 Vehicles
BMW is recalling certain model year 2009-2012 X5 xDrive 35d SAV diesel vehicles manufactured September 1, 2008, through November 15, 2012, according to the National Highway Traffic Safety Administration’s website. NHTSA’s website said th
Dec 10, 2012
Posts
Dealer ManagementDealer/GM NewsDigital DealerInventory ManagementPre-Owned Sales & Marketing StrategiesSales & Marketing
Three Ways to Reinvent the ‘Road to the Sale’ and Improve Gross Profits
When I came up in the car business, I was taught the 10-step “Road to the Sale.” As most dealers know, this traditional sales method assesses a customer’s needs, builds rapport and highlights the features and benefits of a specific vehicle. It
Dec 7, 2012
Increase Pre-Owned Sales, ROI and Profitability in 2013
As the fourth quarter draws to a close now is a great time to create goals for used vehicle sales and profitability for the coming year. In the November issue of Dealer magazine, vAuto’s Dale Pollak revealed five used vehicle challenges to address
Dec 7, 2012