Automotive Mastermind

OCTOBER 22, 2021

Through July 2021, CPO sales increased by 11% year-over-year However, as pandemic-driven lease extensions begin to expire, CPO supply constraints are expected to improve, providing a potentially lucrative opportunity for dealers to engage buyers and build loyalty through CPO sales.

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Lease Extension Customer Retail Buyer 52

Automotive Mastermind

NOVEMBER 12, 2021

This means offering transparent messaging that builds trust and sets realistic expectations with buyers rather than hard-selling them on what’s on the lot. With limited new vehicle inventory resulting in record-breaking sticker prices , pre-owned vehicles have become the go-to option for many buyers.

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Dealerships Sales Lease Extension Customer 52

Automotive Mastermind

JUNE 1, 2023

As a result, more buyers are likely to be pushed out of the new-vehicle buying market, according to S&P Global Mobility. Work with customers to explore lease extension options to help bridge the gap between contracts if their desired vehicle is not currently available.

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Customer Lease Extension Dealerships Finance 52

Automotive Mastermind

NOVEMBER 10, 2022

With so many dealers competing to land price-conscious car buyers, how can your dealership leverage the holidays to finish the year strong? This means offering transparent messaging that builds trust and sets realistic expectations with buyers rather than hard selling them on what’s on the lot.

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Dealerships Sales Lease Extension Customer 52