July, 2023

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Cars for Sale: How to Look for the Best One for You

3 Brothers Autosale

There’s nothing worse than buying a car and bringing it home only to realize in a couple of months that it wasn’t quite what you wanted. The seat doesn’t feel as comfortable, and the engine doesn’t “purr” to you quite as it did at the dealership. Buying a car is a lot different from driving it. In the first few months, you don’t just lose a big chunk of the value of the car in depreciation but also your rose-tinted glasses.

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Get Your Nissan Summer-Ready: Must-Have Accessories & Upgrades

Crest Nissan

Explore Nissan Inventory With many summer road trips just around the corner, now is the perfect time to prepare your car for exciting weekend getaways and enjoyable drives in the warm sunshine. Whether you're a car enthusiast or simply looking to enhance your driving experience, there are essential accessories that can bring convenience and joy to your summer journeys.

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Largest month-over-month drop in Manheim used-car price index since April 2020

Auto Remarketing

June represented the steepest month-over-month drop in wholesale vehicle prices since the early days of the COVID-19 pandemic, according to the Manheim Used Vehicle Value Index report released Monday. Cox Automotive, which publishes the index, said wholesale values last month were down 4.2% from May and fell 10.3% from June 2022, when adjusting for mix, mileage and seasonality.

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How to Haggle Car Price Like a Pro

Your Car Buying Advocate

Content Understanding the Basics of Car Buying Preparing for the Negotiation Step-By-Step Guide to Haggle Car Price How to Respond to the Initial Offer How to Make a Counter-Offer How to Handle Common Sales Tactics How to Walk Away from a Bad Deal Advanced Negotiating Techniques The Role of Trade-Ins in Negotiations Closing the Deal Why Hiring a Professional Can Help Conclusion Have you ever walked into a car dealership and felt unsure about how to get a good deal on a car and worried about not

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Four Things to be Aware of with Third-Party Lead Aggregators

Jazel Auto

Marketing | 3min Read Four Things to be Aware of with Third-Party Lead Aggregators Don't forget to share this post! Share on facebook Share on google Share on twitter Share on linkedin Third-party lead aggregators such as CarGurus, Carfax, Edmunds, AutoTrader, Cars.com, etc., can be valuable partners for dealers, but they do have limitations when it comes to their effectiveness for your dealership.

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How AI is Changing the Automotive Retail Industry

Automotive Mastermind

Artificial Intelligence (AI) is ushering in a new era for the automotive retail industry, transforming the way dealerships engage with customers and drive business success. Through machine learning, predictive analytics and natural language processing, AI is already empowering forward-thinking dealers to deliver hyper-personalized recommendations, streamline purchasing processes and improved customer experiences.

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What Should My Car’s Tire Pressure Be?

Sarasota Car Sales

It is always vital to make sure that your vehicle is in premium condition and having the correct pressure in the tires is vital to its automotive health. Sarasota Car Sales provides information that drivers should be aware of when it comes to the proper tire pressures for their cars. The recommended tire pressure for. Read more The post What Should My Car’s Tire Pressure Be?

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PREVIEW: Wholesale volume trends featured in ‘State of the Used Car Industry’ report

Auto Remarketing

Editor's Note: This is a small excerpt from Cherokee Media Group's upcoming “State of the Used Car Industry” report. The full report will be available this month. The prime reason vehicles are pricier to purchase in the wholesale market and will likely remain that way for years to come? Blame lack of supply. “The mix of the (used-vehicle supply) is different overall, volume is different,” Black Book chief data science officer Alex Yurchenko said during a presentation at the NIADA Convention in J

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Sync Your Dealership Business Listings to Boost SEO

DealerOn

Ready to boost your local search traffic? In this edition of DealerOn University we break down how you can leverage local business listings to increase your search rankings. Take your dealership SEO to the next level with local business listings. SEO comes in two varieties. The first is traditional SEO, which is the process of optimizing your site to rank.

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Driving the Future: AutoAwards’ Innovative Loyalty Programs

AutoAwards

The automotive industry is an ecosystem that thrives on continuous innovation. Like a well-oiled machine, each component shifts and evolves, relentlessly pursuing the ultimate customer experience. In this realm of ceaseless evolution, one element has gained increasing importance in recent years – personalization and customer loyalty.

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Elevating Service in Florida’s Auto Dealerships

Fladco

Providing an exceptional customer experience is crucial for the success of any business, especially for auto dealerships in Florida. With a high demand for vehicles and numerous dealerships to choose from, auto dealers in our state need to stand out from the crowd and exceed customer expectations. These essential strategies can help auto dealerships in the Sunshine State create an exceptional customer experience, resulting in increased customer satisfaction, loyalty, and — ultimately — business

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Find the Best Deal at a Used Car Dealership by Negotiation

MforceLA

Exploring the maze of used car lots can be intimidating. It is easy to be influenced by buzzwords, sales techniques, and high-pressure settings at dealerships and pay a high price for a vehicle. Dealerships have some room for margin, so you should never pay the asking price. Instead, you should negotiate to get a good deal. For some people, negotiating can be frightening or even incomprehensible.

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Why Facebook Is Getting Rid Of The Pixel And What You Need To know

Flex Dealer

Have you heard the news? There is speculation that Facebook will transition out of the Facebook Pixel and move to a new tracking product, Conversion API. So what could this mean for our dealer partners and fellow industry professionals? Read on!

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3 Steps to Build Customer Loyalty through Proactive Recall Communications

Automotive Mastermind

In 2022, there were 932 open vehicle safety recalls, affecting 30.8 million vehicles in the U.S., according to the National Highway Traffic Association. That’s more than a 60% increase compared to 2012. With a growing number of opportunities to communicate with customers and build relationships, how is your dealership handling open recalls? By promptly addressing recalls and proactively engaging customers with personalized communications, dealers can help ensure customer safety and satisfaction,

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Who We Are: Austin Marean, Customer Success Manager III

DealerOn

Get to know Austin Marean, DealerOn Customer Success Manager III, in this one-on-one interview. We spoke about the power of positivity, her dedication to self-improvement, and the wisdom that comes with experience. What team are you on and what is your role at DealerOn? I am a Customer Success Manager III on the Team Aries Customer Support team. How does your.

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Enhancing Dealerships: The Power of Loyalty with AutoAwards

AutoAwards

In an ever-evolving automotive market, the journey towards achieving customer loyalty can be complex and challenging. In response to this challenge, AutoAwards has developed a comprehensive loyalty rewards program that is revolutionizing the car dealership experience. Create lifetime customers by leveraging the power of loyalty to enhance your dealership experience.

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From Chat to Checkout: Optimizing the Digital Retail Funnel

Activengage

Original Source: Digital Dealer | From Chat to Checkout: Optimizing the Digital Retail FunnelBy Carol Marshall, COO, ActivEngage, Inc.In the ever-evolving automotive landscape, auto dealerships are embracing the potential of online digital retail tools to enhance the car buying journey. Cox Automotive's 2022 Car Buyer Journey Study reveals that an impressive 81% of car shoppers acknowledge the significant impact of.

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Cox Automotive’s Upside Offering Expands to the West Coast, Linking Sellers and Buyers Across the U.S.

Cox Automotive inc

ATLANTA – July 14, 2023 – After a successful launch and aggressive expansion in the eastern U.S., Cox Automotive has now enabled sellers in California to join in the Upside™ wholesale experience. This significant expansion brings on sellers throughout California, making it easier for buyers in the western half of the country to find attractive … Continued The post Cox Automotive’s Upside Offering Expands to the West Coast, Linking Sellers and Buyers Across the U.S. appeared first on

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Used EV sales surge year-over-year in Q2

Auto Remarketing

Perhaps it’s the lower price point, more vehicle options available, increased consumer comfort level or some combination of factors. But while still just a sliver of the overall used-car market, sales of pre-owned electric vehicles are making marked improvements for dealers and other retailers. There were an estimated 41,341 electric vehicles sold in the retail used-car market in the second quarter, according to a late-June presentation from Cox Automotive.

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Guide to Increasing Dealership Conquest Sales in 2023

Automotive Mastermind

For the past few years, the automotive industry has experienced significant change stemming from a range of factors including inventory shortages, diminishing loyalty and rapid digitalization. At the dealership level, these challenges are also making way for new opportunities for dealers to conquest new customers, if they can take a targeted approach to engaging the right buyers.

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FlexDealer Is An Official Partner In The Toyota Canada DDS Program

Flex Dealer

Over the years, the FlexDealer team has worked hard to strike the right balance between meeting the individual needs of our dealer partners and managing the requirements set out by their OEM programs.

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5 Ways TikTok Is Revolutionizing Car Dealership Marketing

Dealers United

Learn about the 5 ways TikTok is revolutionizing car dealership marketing with brand-new advertising features every dealer needs to leverage!

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12 Steps to Developing a Powerful Google Business Profile for Car Dealerships

Dealer Authority

Maximize your Google search traffic. Check out these 12 steps to develop a powerful Google Business Profile for car dealerships!

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Manheim Report: Used Vehicle Values Fall for Third Straight Month; Wholesale Prices Down More Than 10% Year Over Year

Cox Automotive inc

ATLANTA, July 10, 2023 – The Manheim Used Vehicle Value Index (MUVVI) declined to 215.1 in June, ending the first half of 2023 down 10.3% from a year ago. Additionally, wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) decreased by 4.2% in June. This decrease, a record for June, was impacted by … Continued The post Manheim Report: Used Vehicle Values Fall for Third Straight Month; Wholesale Prices Down More Than 10% Year Over Year appeared first on Cox Automo

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PODCAST: Cherokee Media Group recaps 2023 NIADA Convention

Auto Remarketing

Cherokee Media Group senior editors Joe Overby and Nick Zulovich welcomed their newest teammate, Andrew Friedlander, for this installment of the Auto Remarketing Podcast recorded in Las Vegas at the 2023 NIADA Convention. The trio recapped some of the most interesting developments that surfaced at the event as well as looked ahead toward Used Car Week, which begins on Nov. 6 in Scottsdale, Ariz.

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Why Dealers Must Go Beyond Traditional Equity Mining

Automotive Mastermind

In the ever-changing world of automotive sales, staying ahead of the competition requires dealers to have a deep understanding of customers, not just what vehicle their current customers are driving. Equity mining, a specialized form of data mining, enables dealers to identify which of their current customers have positive equity in their vehicle and may be interested in purchasing a new one.

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Drive-Through Redwood Becomes Literal Tourist Trap For Nissan Armada [Update]

Jalopnik

Today I learned that not only are drive-through trees a thing, but apparently jackasses with giant SUVs are muscling their way through the small openings, getting temporarily stuck. Will the wonders never cease? Read more.

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Positive Change for Proven Results

DealerTrack Insights

Here are some key areas where registration and titling technology has improved dealer satisfaction.

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Best Car Dealership Forums for Automotive Professionals

Dealer Authority

Explore the top car dealership forums and the benefits these communities offer professionals in the automotive industry.

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Live Stream the Dealer Growth Conference?

Dealership Valuations

Are we going to Live Stream the Dealer Growth Conference? (September 11 & 12, 2023 – Sunriver, Oregon) Short answer – I don’t know, we are considering it. Long answer – I am hesitant to offer Live Streaming, because I believe attending in person will bring you the greatest value: We are human beings. We are wired for social interactions. We learn from each other.

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CPO vehicle sales up nearly 6% in first half, expected to reach 2.6M for year

Auto Remarketing

The “one pocket of strength” for the used-car market this year, as Cox Automotive chief economist Jonathan Smoke put it in a June presentation to the media and industry, has been the certified pre-owned segment. That certainly played out in preliminary first-half CPO sales results provided to Auto Remarketing by Motor Intelligence in early July. Through June, year-to-date CPO sales are estimated at.

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New Mazda CX-80 range-topper SUV will be revealed on 18 April

Auto Express

The seven-seat CX-80 will be the largest Mazda SUV and come with ‘superior technology’

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Elon Musk Says Teslas Will Be Self-Driving Teslas By The End Of The Year, Again

Jalopnik

Stop me if you’ve heard this one before : Tesla CEO Elon Musk claimed the automaker could have a fully self-driving car on the road by the end of the year on Thursday. Read more.

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The Ultimate Vehicle Acquisition Strategy Guide: Summer 2023 Edition

Dealer Inspire

As we head into the second half of 2023, we need to keep an eye on the market trends that impact car dealer inventory levels. The global microchip shortage that plagued the industry for the past two years is easing up, and that means more new vehicles are being produced. However, new vehicle output is still projected to be 2.82 million 1 lower than original estimates.

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Top 8 Reasons to Change Website Providers

Jazel Auto

Marketing | 3min Read Top 8 Reasons to Change Website Providers Don't forget to share this post! Share on facebook Share on google Share on twitter Share on linkedin As the automotive industry evolves, so must car dealerships. Having a modern website that works well and provides a great user experience is essential for any dealership. Switching to a new website provider like Jazel can bring several advantages, such as more up-to-date technologies, more options for customization, and better custo

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Spidersnet picks up TWO Car Dealer Power Awards and one highly commended

Spidersnet

The Car Dealer Power Awards are some of the most prestigious and hotly contested awards within the automotive industry. Organised by Car Dealer Magazine and voted for by motor dealerships, these awards mark not only the best car manufacturers to represent in the UK, but also the best motor trade suppliers to do business with, that’s why we’re absolutely thrilled that Spidersnet have been recognised again this year!

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The Final Airbus Beluga XL Is Ready For Takeoff

Jalopnik

It’s a tough time to be an enormous aircraft these days, just ask the Boeing 747 that went out of production at the end of 2022. Now, after killing off its own super-sized passenger plane in 2021 , Airbus has brought production of its bonkers looking Beluga cargo plane to an end this week. Read more.

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