How the Internet Changed Car Dealerships’ Gross Margin Profitability

How the Internet Changed Car Dealerships’ Gross Margin Profitability

There’s little doubt the Internet has helped boost business across a wide range of industries. From advertising and customer engagement to online retail, the Internet can be credited as the best employee at companies everywhere. One exception, however, has been at car dealerships. While the digital age has improved profit margins in many industries, car […]

Continue Reading

3 Ways New Technology Can Turn Auction Cars into an Advantage

3 Ways New Technology Can Turn Auction Cars into an Advantage

When your used car inventory needs to be re-stocked, there are only so many places you can turn for quick, cost-efficient cars. Whether your dealership’s turnover is greater than projected or you’re having a hard time closing trade-ins, you need a reliable source of pre-owned inventory to meet your goals. If you’ve ever been in […]

Continue Reading

How Car Dealers Can Optimize Used Vehicle Inventory Performance

How Car Dealers Can Optimize Used Vehicle Inventory Performance

If you work at a car dealership in 2016, you’re in a good place. The most recent NADA Data Report says that “the past six years have been the longest period of new-vehicle sales growth since the 1920s,” and this year’s outlook shows the trend continuing. Here are some of the milestones attached to that […]

Continue Reading