Deal Floorplan Marketing 
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. One other note from the wholesale market. Data from Black Book, Cox Automotive and J.D.
AutoSuccessOnline
MARCH 12, 2024
Cox Automotive expects small gains in the used-vehicle market, despite limited availability. 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. Price vehicles based on market value and not how much you have in the unit.
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Auto Remarketing
MARCH 27, 2024
Al Hendrickson Toyota sold for the highest price ever paid for a dealership of any kind at the time, and Lake Norman Chrysler-Dodge-Jeep-RAM set the record for a Stellantis store, according to Haig Partners, which advised on both deals. Sharply rising inventories and floorplan expense are pushing down profits at most stores.
Canadian Auto Dealer
NOVEMBER 4, 2024
In 2021, it added to its holdings with a powersport marina when it acquired Sudbury Yamaha in a package deal that also included Sudbury Mitsubishi. Likewise, if the RV market goes down, we have automotive. Earlier this year, it entered into the grocery store / restaurant business with the launch of L’OCA Quality Market.
Dealer World
MARCH 17, 2025
The strength of the buy/sell market in 2024 was largely driven by growing industry confidence in the future of auto retail sales and profitability. The report also reveals that franchise diversification was critical to a dealership groups success in 2024 as the auto retail market bifurcated into have and have not franchises.
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