Auto Remarketing

OCTOBER 22, 2024

Sending a full-size truck to auction appears to be as much of a heartburn-triggering situation for franchised dealers as seeing that new model sitting in inventory and on the store floorplan for 100 days or more. Data from Black Book, Cox Automotive and J.D.

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Floorplan Rebate Retail Automotive 98

Full Path

JULY 30, 2024

Interest Rates and Their Impact: Automotive Market & Leasing Trends 2024 Borrowing costs are deterring many potential buyers, and the previously red-hot job market is beginning to cool. Solutions for Dealerships Many dealers ask how they can help customers while maintaining profitability.

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Floorplan Down Payment Dealerships Insurance 52

AutoSuccessOnline

MARCH 12, 2024

Let buyers browsing your online offerings learn as much as possible from your vehicle photos. You are being evaluated just the same as you assess your customers. Be aware of how much credit you have — especially if you have multiple floorplan lenders — and stay away from hard money lenders who drain a dealer’s cash flow daily.

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DealerTrack Insights

JUNE 9, 2022

In some states like California, customers can even digitally sign. All of that equals less paper, less fumbling for pens, and a more streamlined process for the dealership and the car buyer. With electronic reg and title, the “documents” to be sent to the DMV are completed online.

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Electronics Floorplan Dealerships Deal 52

Auto Remarketing

OCTOBER 6, 2023

it’s clear that the mainstream EVs and PHEVs coming onstream (100 new models in the next 30 months) are going to have a tough time selling even with generous customer incentives. Some automotive retailers are testing the waters right now before inventory grows into a substantial floorplan expense. appeared first on Auto Remarketing.

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Term Floorplan Retail Sales 52

Canadian Auto Dealer

NOVEMBER 4, 2024

The fact we’ve accommodated (new EV buyers) on that front is great. We should have them and stock them and know how to counsel our customers on best uses and best practices.” I think it’s convenience for the customers, more than anything,” said Zanchin. “We We make sure we always have them in stock.”

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Dealerships Floorplan Retail Finance 52