Professional Community for Car Dealers, Marketing, Advertising and Sales Leaders
There are two types of credit check, a…Continue
Added by Sean Reyes on May 18, 2019 at 5:30am — No Comments
A vehicle identification number (VIN) is the 17-digit "name," made up of numbers and characters, that an automobile manufacturer assigns to an individual vehicle. Vehicle identification numbers can reveal many things about automobiles, including their airbag type, country of origin, engine size, model year, vehicle type, trim level and plant name. The…Continue
Added by Michael Dearing on May 17, 2019 at 3:48pm — No Comments
If you are planning on restoring a classic vehicle, then you will probably need to recruit a team of automotive professionals. While you might be able to carry out most of the repairs on your own, a few experienced and dependable specialists can help you avoid expensive and time-consuming roadblocks.
Added by Anica Oaks on May 17, 2019 at 11:37am — No Comments
In this video blog, Jim Flint shares why time is important in capturing consumer attention.
Added by Jim Flint on May 17, 2019 at 10:30am — No Comments
If you want to extend the life of your vehicle, then you will need to carry out some repairs and preventative maintenance tasks every few months. While most modern vehicles are going to run smoothly for decades, a catastrophic breakdown could happen at any time if you don’t take care of essential fixes.
Added by Rachelle Wilber on May 17, 2019 at 9:59am — No Comments
A vehicle can be useful to a company in a variety of different ways. For instance, it can make it easier to deliver goods to customers without putting wear or tear on your own car or truck. Allowing employees to drive the company car could be a reward for a job well done. If you are going to get a car for your business, should you lease it or buy…
Added by Anica Oaks on May 16, 2019 at 4:19pm — No Comments
A few notes on subprime loan origination and balance activity:
Subprime auto loan originations have a corresponding total balance of $7.07 billion, a 5.3% increase year-over-year.
The average subprime loan amount was $18,934. This is a 5.0% increase compared to January 2018.
Auto Loan Originations Observations through January 2019 reported as of March 2019:
Added by John Sternal on May 16, 2019 at 10:00am — No Comments
When my friend, Erica* took her vehicle to the dealer recently, the needed repairs were performed quickly and competently. Yet, when the CSI survey came, she rated her overall experience three stars: “just okay.” Why not five stars: “excellent”? Well, because frankly, they didn’t earn it. This was the result of a couple very significant––and…Continue
Added by Stephen Coambes on May 16, 2019 at 7:48am — No Comments
In today’s society, time is a precious commodity. So much so that consumers make their buying decisions based on how long it takes to complete the transaction. If you had the choice between a $20 oil change that would take 4 hours to complete, or a $30 oil change that would take 30 minutes, which would you choose?
For the automotive industry,…Continue
Added by Dan Beres on May 16, 2019 at 7:00am — No Comments
Added by Tony Chips on May 16, 2019 at 4:00am — No Comments
It’s a well-known fact that Amazon is on a mission to reinvent the traditional brick-and-mortar store model. Until recently, they were mostly focused on dominating online sales. However, it is clear Amazon is now looking to expand its footprint to include offline sales. A great example is the…Continue
Added by Michia Rohrssen on May 15, 2019 at 7:23am — No Comments
I share the concept of the fundamental attribution and conversion errors in this short video blog.
Added by Jim Flint on May 14, 2019 at 10:30am — 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.
This week’s Market Insights Report…Continue
Added by Black Book on May 14, 2019 at 10:05am — No Comments
New Feature in Desk/Mate™ Designed to Streamline Auto Dealerships' Sales Process & Improve Their Workflow
Albany, NY – May 14, 2018 – Auto/Mate Dealership Systems recently released Deal Closeout, a new feature in the Desk/Mate™ Module of its dealership management system (DMS). Desk/Mate users can now work and close deals all in one module, streamlining the sales process…Continue
Added by Mike Esposito on May 14, 2019 at 7:19am — No Comments
Lease Approval Ratings in April Reach Their Highest Since August of 2018, making it the strongest month of the year
Swapalease.com, the nation’s largest car lease marketplace, reports car lease credit applicants registered a 72% approval rate in April, a rise from the March rate of 70.7%.
April experienced a higher number of applicants with qualifications that led to more approvals for taking over another person’s lease contract during the month. April saw a slight…Continue
Added by John Sternal on May 13, 2019 at 11:51am — No Comments
This is a four-step guide to help you improve your reputation and raise your conversation rate.
Step 1, Customer Service
The old adage that treat customers as you would like to be treated has never been more important than in the digital age. Firstly, review all aspects of the customer buying process where they have contact with your business and ensure that the messages are professional and…Continue
Added by Allen Oneil on May 12, 2019 at 12:08pm — No Comments
Michigan is known as the home of motorcars. So there are many visitors from different parts of the country. Many lovers of motorcars choose Michigan as a place to live permanently just because of that fact.
You come in a situation when you need to transport a car to Michigan or from a city in Michigan to another place in the country, and you are in a position that creates stress for you because you need to choose…Continue
Added by Shaun H on May 10, 2019 at 11:57pm — No Comments
Consumer data privacy concerns are constantly in the news. Growing pressure on lawmakers to do something has resulted in a wave of new consumer privacy legislation being passed in many states.
California has passed the California Consumer Privacy Act (CCPA). A similar law is expected to soon pass in Washington state. Alabama, Louisiana, Colorado, Nebraska, Massachusetts and Ohio have recently added new data security standards to their data breach notification laws. You can…Continue
Added by Erik Nachbahr on May 9, 2019 at 6:01am — No Comments
The field of number plates has experienced the advancement of technology over the last two decades. A normal camera is unable to pick up the number plates in an effective manner. Specially modified cameras that use infrared light receivers can get a clear image of any car number plate. In the process of normal scanning, the picture of the vehicle is…Continue
Added by Kent Charlie on May 9, 2019 at 3:46am — No Comments
Growing competition and digitization pose a number of marketing challenges for automotive dealers. The major problem comes in collaborating sales and marketing activities to measure and optimize automotive marketing investments and drive the demand. Besides, there are a number of segments involves that requires the investments on marketing, ranging…Continue
Added by Siya Carla on May 9, 2019 at 1:15am — No Comments