Professional Community for Car Dealers, Automotive Marketers and Sales Managers
Added by Jim Leman on May 18, 2016 at 11:51am — No Comments
Finally, it is your car maintenance day! If you have forgot to mention about oil change in your to-do list of car maintenance, perhaps you are missing something really essential and urgent. Changing oil of your car is like applying regular moisturizer on your body. Fresh oil acts like a breather for your car’s engine. The process of Oil changes Brampton has become a regular practice.…Continue
Added by Rahul Paul on May 8, 2016 at 1:00am — No Comments
Are you currently shopping for a tractor and like the idea of saving a considerable amount of money on a used machine, but still bothered about what maintenance problems you might inherit? While investing on a new machine might bring all the difference, if you know what you want, what to look for and where to buy, you can actually get a nice and powerful used tractors and end up saving quite a significant amount of money.…Continue
Added by Mike Haynes on April 15, 2016 at 6:12am — No Comments
In September 2015, AutoNation CEO Mike Jackson announced that AutoNation would discontinue selling any vehicles – new or used – with open recalls. This new policy includes not just those vehicles intended for retail, but also vehicles headed to wholesale buyers. The decision, while admittedly costly, is one that…Continue
Added by Chris Miller on March 18, 2016 at 4:55am — No Comments
'Number Nine' is a repeating lyric in Revolution 9, a "song" on the Beatle's 1968 White Album. It's a mind-numbing little loop, which reminds me of a numbing, repeating refrain we're being continually exposed to today.…Continue
Added by Jim Leman on February 23, 2016 at 12:49pm — No Comments
Just as you wouldn't buy a home with paying for a title search, you shouldn't buy a used car without obtaining a vehicle history report on it. Rather than view a vehicle history report as an unnecessary expense, consider it an insurance investment that may save…Continue
Added by Lizzie Weakley on February 21, 2016 at 9:30am — No Comments
A lot of people are becoming more and more fascinated with the idea of owning an airstream. This is probably because an airstream is a very iconic item in American history and owning one would be simply cool. There are numerous airstreams that are sold on online stores such as eBay and craigslist. There are several…Continue
Added by Mike Haynes on January 28, 2016 at 2:30am — No Comments
Buying used farm equipment is always a good option. You save money. There are always all kinds of treasures out there on the used farm equipment market. Let’s take a look at the pros and cons of buying used equipment.
When lots of big farm operators are trying to improve their efficiency and the big…
Added by Mike Haynes on January 20, 2016 at 3:00am — No Comments
Added by Jim Leman on December 10, 2015 at 1:13pm — No Comments
Ever wonder why CarMax is the largest seller of pre-owned vehicles, selling more than any other company? They retail 160,000 used vehicles just about every quarter and make approximately $2,200 per unit front-end profit -- over $350M. If you do the math on 153 locations, each store averages 348 unit…Continue
Added by Bruce Thompson on December 10, 2015 at 5:53am — No Comments
In a newly released report conducted by J.D. Power and commissioned by the National Automobile Association, trade-in value reduction due to proposed legislation could have significant financial impact on both dealers and…Continue
Added by Chris Miller on December 4, 2015 at 5:06am — No Comments
The National Automobile Dealers Association recently forecast 2016 U.S. auto sales at 17.7 million units.
Clearly, car sales remain vigorous!
Yet, margin is being sucked out of every transaction by price transparency, federal regulations, and too many old-school ways of doing business.
In response, pessimists’ cry:
Added by Tony Rhoades on December 1, 2015 at 6:30am — No Comments
The most productive reconditioning department runs like an assembly line, using defined processes, timed steps, and streamlined communications to produce more output, eliminate waste, and get buyers looking at cars online and on the lot five to 10 days sooner, notes Dennis McGinn, CEO of Rapid Recon…Continue
Added by Jim Leman on November 10, 2015 at 6:00am — No Comments
So, you have planned to buy a used car. You might have a question in your mind about whether to buy it from a licensed dealer or from a private party. Both these options have their own pros and cons.
Benefits of buying from a private party are you can save money and save yourself from aggressive salespersons, whereas purchasing from a licensed dealer brings you certain exquisite guarantees and…Continue
Added by Rahul Paul on October 9, 2015 at 5:30am — No Comments
The average used car sold in the U.S. is getting younger and pricier, according to the latest Used Vehicle Market Report from car shopping destination Edmunds.com.
According to the report, the trends suggest a shifting tide in used car inventories, which are skewing more toward newer off-lease vehicles and certified pre-owned (CPO) programs.
Edmunds' analysis found that average used car prices hit a record high of $18,800 in the second quarter, up 7.6 percent — or $1,300 per…Continue
Added by Jeannine Fallon on August 24, 2015 at 1:22pm — No Comments
The Honda Pilot is an affordable, stylish, and useful mid-sized SUV. Its built-in driver assist technology (like cross-traffic monitors and lane departure warnings), roomy cabin space, and 280-HP V6 engine make it an ideal SUV for you and your family, wherever you need to go and whatever you need to store. But when you buy the Pilot second-hand, you’re getting much more than just an amazing vehicle.…Continue
Added by Angela Smith on August 2, 2015 at 7:30am — No Comments
Residents in Clovis, N.M. and Lubbock, Texas who are looking for a Volkswagen dealer are sure to find that Street Volkswagen of Amarillo is one of the top options. As there are not many Volkswagen dealerships in the North Texas area,Street…Continue
Added by Bradley Paschal on June 30, 2015 at 2:07pm — No Comments
Black Book, the provider of independent valuation data for cars, trucks, collectibles and specialty vehicles, has analyzed auction prices of exotic collectibles, with particular emphasis on the Aston Martin DB5 Coupe, the Ferrari 250 GTL Lusso, and the Mercedes-Benz 300SL Gullwing. From 1977 through 2008, each vehicle appreciated in value roughly 5% annually. Since 2008, these vehicles have appreciated between 20% - 60% annually. A new, younger generation of collector has taken to this genre…Continue
Added by Black Book on May 13, 2015 at 6:07am — No Comments
Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download the full report.
The Black Book editors identified an increasing number of car segments displaying greater week-over-week depreciation from data within the auction lanes. In fact, Near Luxury Cars was the only car segment…Continue
Added by Black Book on May 12, 2015 at 11:38am — No Comments
According to Black Book® data, the average price of a used vehicle for model years 2009-2013 was largely unchanged in April, with 0.0% registered depreciation during the month. Domestic cars increased +1.1%; import cars changed -0.8%; domestic trucks increased +1.5%; and import trucks changed -0.2%. Average pre-recession annual depreciation was continually recorded between -15% and -18%, and Black Book expects 2015 depreciation near -14.5%.
Premium Sporty Cars saw the…
Added by Black Book on May 7, 2015 at 2:55pm — No Comments