Automotive Mastermind

DECEMBER 15, 2023

The future of the automotive retail industry is undergoing a significant transformation, ultimately changing how dealerships operate and communicate with customers. The Road Ahead: Future of Car Dealerships in 2024?

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Auto Alert

JULY 22, 2024

Helping customers discover their dream car is deeply fulfilling, but the journey can often be complex. If you’ve encountered hesitation from customers after investing significant effort, we’re here to assist you in overcoming these challenges and boosting your car sales with proven strategies.

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Auto Alert

APRIL 5, 2024

With ever-evolving customer expectations and market trends, it’s crucial for automotive dealerships to continuously upgrade their sales processes to stay ahead of the curve. This enables targeted marketing efforts, personalized offers, and better customer engagement.

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Turbo Marketing Solutions

JUNE 13, 2024

Content marketing, when wielded correctly, has a knack for luring in potential customers for car dealerships. It works its magic by stimulating interest and building engagement around the cars and services you offer, while also collecting useful information about the customer. Now, let's talk more about lead generation.

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Carscoops

APRIL 24, 2024

It’s accused of adding on bogus charges, falsifying paystubs, and forcing customers to sign deceptive agreements. A Dodge dealer in Kansas is facing civil lawsuit alleging it ripped off customers. It says that the dealer falsely inflated customers’ income including paystubs to get credit approvals. million judgment.

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Fladco

OCTOBER 25, 2023

As early as the 1900s, the pioneers of the automobile industry recognized the significance of Florida, becoming a playground for the development of auto dealerships. Cities like Jacksonville, Miami, Tampa, and Orlando, renowned for their bustling commerce, were the locations of these first dealerships.

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Fladco

OCTOBER 25, 2023

As early as the 1900s, the pioneers of the automobile industry recognized the significance of Florida, becoming a playground for the development of auto dealerships. Cities like Jacksonville, Miami, Tampa, and Orlando, renowned for their bustling commerce, were the locations of these first dealerships.

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MforceLA

JUNE 21, 2023

There are several benefits of buying a car from a used car dealership. However, there are a few things you must expect when buying a car from a used car dealership. Types of Used Car Dealerships Every used car dealership is different, and there are three main categories these dealerships fall into.

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Drive.com

MAY 27, 2024

Are you looking at purchasing a car but aren’t sure if you should buy from a dealership or a private seller? In most cases, buying a brand new car is only applicable at a dealership – with the exception of brands like BYD, Tesla, Polestar, and Hyundai electric vehicles which can be ordered and purchased online. ” it stated.

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Crest Nissan

OCTOBER 24, 2022

As a way to provide customers with a more versatile selection of high-quality, reputable, and affordable vehicle options, Nissan will be including older models and select non-Nissan vehicles as part of their CPO inventory. Visit Our Dealership in Frisco, TX. For instance, you'll get an extended warranty and roadside assistance.

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AutoRaptor

APRIL 23, 2024

A well-trained F&I Manager plays a crucial role in maximizing profits and ensuring regulatory compliance for a dealership. This includes keeping abreast of new financial products and services that can benefit customers and increase sales. But the question remains: is F&I manager training worth the investment?

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Shawn Ryder

JANUARY 13, 2024

Introduction Car dealerships are a crucial part of the automotive industry. In this blog post, we will explore the key job roles and strategies that can help car dealerships thrive in today’s market. Expert Sales Consultants One of the most vital job roles in a car dealership is that of a sales consultant.

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Canadian Auto Dealer

MARCH 30, 2024

The best F&I managers have a unique set of skills: business focused yet super customer focused A day in the life of a business manager, much like the iconic Beatles song, is often like a pendulum swinging between different personalities. They need to convey the benefits of products in a way that resonates with customers.

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Autosoft

APRIL 11, 2024

Reading Time: 5 minutes 10 Ways to Unleash the Potential of Your Dealership’s F&I Department April 11, 2024 Within automotive sales, the Finance and Insurance (F&I) department holds a crucial position, impacting both profitability and customer satisfaction. Let’s have a look at the top 10 strategies: 1.

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Car Examer

JANUARY 25, 2024

Used car dealerships play a vital role in the automotive industry, offering a wide array of pre-owned vehicles to consumers. Market Demand and Pricing Strategy: Popular used car models with high demand often allow dealerships to set higher prices, positively impacting profit margins.

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Turbo Marketing Solutions

SEPTEMBER 6, 2024

Interestingly, while online research has surged—with 92% of buyers conducting pre-purchase research—79% still prefer visiting dealerships in person. This steadfast inclination towards in-person interaction signifies the intrinsic emotional connection that customers seek when purchasing vehicles.

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Drive.com

JULY 26, 2024

Test-drive demonstrators, as the name suggests, are used by potent ial customers to test-drive a brand-new model before purchasing it. Service loan cars are used as loan vehicles for customers whose own car is being serviced at the dealership. Finally, customers get the same treatment as if the vehicle was brand-new.

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Autosoft

MARCH 25, 2024

Unleashing the Potential of Your Dealership’s F&I Department March 25, 2024 Bryce Veon 7 mins read Within automotive sales, the Finance and Insurance (F&I) department holds a crucial position, impacting both profitability and customer satisfaction. By prioritizing customer satisfaction , you can cultivate loyal customers.

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Shawn Ryder

JANUARY 13, 2024

Introduction Hiring car sales professionals is a critical aspect of running a successful car dealership. These professionals are the face of your business, and their knowledge, skills, and expertise directly impact your sales and customer satisfaction levels.

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Automotive Mastermind

NOVEMBER 3, 2023

As we approach 2024, it’s more crucial than ever for dealerships to stay ahead of the curve when it comes to knowing their customers. Buying behaviors, preferences, and product mixes are changing and new customer types are emerging. Today’s buyers in the U.S. auto dealers. years in 2023 – a record high.

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Turbo Marketing Solutions

FEBRUARY 6, 2024

Winning negotiations involve thorough preparation and deep understanding of the customer's needs. Yet, it's not entirely about the customer; remember, you’re an integral part of this too. This involves gathering information about the customer's needs, preferences, and financial constraints.

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MforceLA

APRIL 12, 2024

Some reputable used car dealerships extend special programs and discounts to active-duty service members, veterans, and their families. Military Discounts on Used Cars Dealerships offer military discounts as a token of appreciation for the invaluable service of military personnel and their families.

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Car Examer

APRIL 8, 2024

Types of Used Car Warranties Manufacturer’s Certified Pre-Owned (CPO) Warranty: Offered by car manufacturers on certified pre-owned vehicles, typically covering a comprehensive range of components for a specific duration or mileage limit. They may offer different coverage levels and durations.

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Drive.com

AUGUST 29, 2024

With the exception of retail prices, car warranties are among one of the most competitive segments of the entire automotive industry, with each manufacturer looking to offer a longer period of coverage to attract customers. But which brands are ahead of the race when it comes to the longest warranties on offer? We find out.

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Canadian Auto Dealer

MARCH 1, 2024

New products and technologies mean the dealership’s business offices need new offerings and training Like the classic hit foretelling how “video killed the radio star,” dealerships are eyeing the threat of a similar disruption as EVs charge into our business offices.

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AutoRaptor

APRIL 5, 2024

With their strong purchasing power and unique preferences, targeting this demographic can greatly boost your dealership’s revenue. This represents a massive opportunity for auto dealerships to tap into this market and maximize their sales potential. Let’s explore each of these strategies in detail.

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Drive.com

APRIL 8, 2024

Most dealerships will carry out an electric vehicle battery health check themselves before selling a used electric car. Customers looking to buy a used electric vehicle privately can also visit a dealership associated with the EV and inspect the battery before purchasing; however, bear in mind this could come at a cost.

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AutoRaptor

APRIL 19, 2024

Furthermore, a reputable dealer will often partner with trusted third-party warranty providers to offer extended coverage options beyond the standard warranty period. Ignoring this date may lead to unexpected expenses if something goes wrong after the warranty has expired.

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AutoRaptor

DECEMBER 19, 2023

This article will delve into key areas that can help you build a thriving used car business, from understanding the market to marketing techniques and customer experience. Establishing relationships with reputable dealerships, private sellers, and auction houses can provide you with a steady supply of cars.

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Automotive Mastermind

SEPTEMBER 16, 2022

It is important for dealers to be aware of the influential topics up for discussion in the automotive industry while navigating through the ongoing pandemic, which happened to lead to supply-chain issues that ultimately caused a microchip shortage for dealerships across the globe. are what dealers should gain expert insight into.

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Turbo Marketing Solutions

APRIL 9, 2024

This helps dealerships enhance transparency and accuracy in pricing, leading to better customer satisfaction and improved returns on investment How AI is Revolutionizing the Automotive Pricing Process In the past, deciding on a price for a car was a long and labor-intensive process.

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Dealer Inspire

FEBRUARY 21, 2023

1 Cars.com Consumer Metrics, Q4 2022 Much of the car buying process has moved online the past decade, but customers still have to go through a different process to secure the financing needed to complete the purchase. And that disconnected experience is costing dealerships time, money, and reputation. That’s right.

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Cartime Super Center

AUGUST 7, 2024

However, you may find earlier EVs you like with expired battery warranties. Plus, EV manufacturers offer extended warranties for batteries and other components. Car Time Supercenter: Tucson’s Trusted Resource for Used Vehicles Save time and money when you shop for EVs at Tucson’s trusted family-owned dealership.

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Jalopnik

DECEMBER 13, 2023

The Federal Trade Commission has announced new regulations, called the Combating Auto Retail Scams Rule , that are meant to stop car dealers from screwing customers with hidden fees and other bait-and-switch pricing tactics. Oh, happy days! Read more.

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Dealer World

JUNE 13, 2024

Even in today’s fast-paced digital world, the phone is still the most important business generator for every successful dealership. A REAL CUSTOMER’S PERSPECTIVE What you need to know most about your customers is why they choose to purchase… and why they don’t.

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Carscoops

FEBRUARY 11, 2024

We’ve encountered numerous i3 owners lamenting and reporting that dealerships frequently demand over $30,000 for battery replacements, with one customer allegedly quoted a staggering $71,000. That means that they’re eligible for a 10-year or 150,000-mile powertrain warranty.

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Dealer World

SEPTEMBER 17, 2024

The success of today’s modern auto dealership hinges significantly on its ability to manage inventory effectively. This task is fraught with challenges that can directly impact profitability, customer satisfaction, and overall operational efficiency. In fact, 40% said they execute price markdowns on a weekly basis. “By

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