Full Path

JULY 30, 2024

In today’s automotive landscape, consumers and dealerships are caught in a complex web of economic pressures. Explore 2024 automotive market and leasing trends, with strategies for dealerships to navigate economic pressures and boost profitability. This flexibility can make leasing more attractive to a broader range of consumers.

Dealerships 52

Dealerships Floorplan Down Payment Insurance 52

Auto Remarketing

MARCH 27, 2024

While demand for dealerships remained strong in the fourth quarter of 2023, dealership profits and blue sky values fell significantly year-over-year, according to research from Haig Partners. Sharply rising inventories and floorplan expense are pushing down profits at most stores. million in 2023,” Haig said.

Dealerships 59

Dealerships Floorplan Retail Buyer 59

AutoSuccessOnline

MARCH 12, 2024

Let buyers browsing your online offerings learn as much as possible from your vehicle photos. 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. Stay informed about software options for managing your floorplan.

Floorplan 52

Floorplan Deal Automotive Customer 52

DealerTrack Insights

JUNE 9, 2022

As more and more state motor vehicle divisions adopt electronic registration and titling, dealerships find themselves overhauling their back-office processes to keep up. All of that equals less paper, less fumbling for pens, and a more streamlined process for the dealership and the car buyer.

Electronics 52

Electronics Dealerships Floorplan Customer 52

Drive.com

JULY 28, 2024

That would leave dealers paying significant floorplan interest costs. The Standard was designed in consultation with the car manufacturers and dealership representatives, with the staged implementation being critical to enable preparation and testing of essential data reporting capabilities.”

Floorplan 76

Floorplan Manufacturing Consulting Networking 76

Auto Remarketing

OCTOBER 6, 2023

dealerships will be coming soon. The study makes a robust case that the dominant vehicle “buyers” of the future prefer the benefits of a subscription/rental over a purchase, and, indeed that may be one of the best ways EVs go “mainstream.” And developments suggest that a larger presence in U.S. appeared first on Auto Remarketing.

Term 52

Term Floorplan Sales Retail 52