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BLOG Using customer data to drive long-term profits for dealers

Motor Trader

Done right, data enables dealers to move past one-off sales and towards building long-term relationships that increase customer lifetime value (CLV). Dealers also use data to personalise loyalty schemes, extended warranties and maintenance packages, offering tangible value based on how customers drive or use their car.

Term 76
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Did the Finance manager act dishonestly regarding an extended warranty?

Shawn Ryder

One of the most contentious areas within this realm is the extended warranty services that dealerships often promote. Recently, allegations have surfaced suggesting that a finance manager in a prominent dealership may have acted dishonestly concerning these warranties.

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How Data-Driven Insights Are Shaping Inventory Management in Auto Retail

AutoSuccessOnline

Effective inventory risk management is key for a dealership’s success in today’s digitally driven automotive world. The survey, conducted in late summer, reveals a disconnect between dealers’ current inventory risk management strategies and the potential benefits of advanced technological tools.

Retail 40
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A smooth step into the future: Nissan’s e-Power technology and what it means for drivers

Drive.com

Nissan took that understanding of battery management, electric motors, and charging cycles, and then applied it to the design of e-Power. That track record, she said, gives Nissan the utmost confidence in the durability and long-term performance of its hybrid system.

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Used Porsche Taycan Cross Turismo long-term test

Autocar

over their car achieving economy of close to 4mpkWh - a significant improvement on what I've so far managed in our older Taycan. This seems odd to me: most batteries are covered by extended warranties, EVs have fewer moving parts that can break and people often still buy old Alfa Romeos despite literal warning lights.

Term 98
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Used Porsche Taycan Sport Turismo long-term test

Autocar

over their car achieving economy of close to 4mpkWh - a significant improvement on what I've so far managed in our older Taycan. This seems odd to me: most batteries are covered by extended warranties, EVs have fewer moving parts that can break and people often still buy old Alfa Romeos despite literal warning lights.

Term 98
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Do end-of-year sales really mean good deals?

Shawn Ryder

Inventory Management and Sales Goals Inventory Clearance: Dealerships often carry over vehicles into the new year, which can lead to increased costs associated with holding inventory. Financing Offers: Attractive financing terms, like 0% APR or deferred payment options.

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