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Changing Auto Buyer Behavior: Tips to Help Dealers Adapt

Automotive Mastermind

One of the biggest keys to success for dealers in the automotive industry is to consistently keep up with their buyers’ preferences. Due to this, the immediate and long-term opportunities lost by a loyal customer defecting are significant. This starts with establishing a transparent customer experience tailored to each customer.

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Why You Should Care About Good Credit Auto Financing?

3 Brothers Autosale

Considering the importance of good credit auto financing, let’s look at some valuable insights and tips for used car buyers looking to make a smart investment. Your credit score is a numerical representation of your creditworthiness, and a higher score opens doors to lower interest rates and better loan terms.

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What Determines the Equity in a Vehicle: How is it Calculated?

Shawn Ryder

Introduction When you hear the word “equity,” you might think of it in terms of money or ownership. Whether you are a car buyer, seller, or even a dealership, understanding vehicle equity can be helpful in making informed decisions. In simple terms, it is the value that you truly own in your car.

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What’s included in the drive-away price of a new car?

CarExpert

Under Australian Consumer Law, new car buyers have rights pertaining to the vehicle they are sold. However, a manufacturer warranty combined with Australian Consumer Law is just about all-encompassing according to Melbourne BMW dealer principal Daniel Odman. “Our warranty is comprehensive. ”

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3 Customer Experience Tips for Dealer Inventory Shortages

Automotive Mastermind

With immediate and long-term opportunities lost by defection of a loyal customer being significant, dealers need to stay top-of-mind with their loyalty customers. However as shortages grew on, buyers began to grow more aware of high prices and fewer OEM incentives. According to S&P Global Mobility , U.S. million units in the U.S.,

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A Truly Versatile DMS Connects All Your Systems

DealerTrack Insights

The General Managers and Dealer Principals that I speak to are always brainstorming new ways to improve their business. Long Term Contracts and Hidden Fees When it comes to your technology provider, one major red flag is an insistence on signing lengthy contracts that ensure your partnership long into the future. And I mean always.

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The war on cars

Canadian Auto Dealer

One of the things to be mindful of is we’re operating with the same regulation, the same legislation, from 2010, so in terms of our authorities, they have not changed,” said Harquail. Three months after taking office in Ontario in 2018, Premier Doug Ford cancelled the Liberals’ rebate EV incentive program that offered EV buyers up to $14,000.

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