Motor Trader

NOVEMBER 25, 2024

The webinars will cover a range of subjects including cost saving initiatives, marketing, legal issues and enhancing the customer experience. In fact, many of our dealers have increased their profit per vehicle by as much as 25% through upselling extended warranties alone.

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Car Examer

NOVEMBER 25, 2024

Insurance Costs Are Lower Insurance premiums are often based on a car’s market value. Repairs Might Be More Frequent As cars age, they require more maintenance. While they might still run well, expect to deal with repairs sooner than you would with a low-mileage car. This means any repairs or issues are fully on you.

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Car Examer

AUGUST 23, 2024

Use online resources to check the market value of the car you’re interested in. The Push for Extended Warranties What to Watch For : Extended warranties can sometimes be a good idea, but sneaky salesmen might pressure you into buying one that you don’t need or that is overpriced. Book pre purchase inspection.

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Shawn Ryder

JANUARY 22, 2025

The Breakdown: Understanding Add-Ons and Backend Products Add-ons and backend products can consist of various components including vehicle service contracts, extended warranties, rustproofing, paint protection, and aftermarket enhancements. Extended Warranty $1,500 Covered repairs and peace of mind.

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Shawn Ryder

FEBRUARY 3, 2024

Extended Warranty: Many CPO vehicles come with an extended warranty. This means that if something goes wrong with the car after you buy it, the manufacturer or dealership will cover the cost of repairs. It gives you peace of mind knowing that you won’t have to spend extra money on unexpected repairs.

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Car Examer

AUGUST 30, 2024

After this initial period, your vehicle may become eligible for an additional 7 years of activated warranty coverage, up until the vehicle is 10 years old or has driven 100,000 miles/160,930km. This extended warranty provides ongoing protection, ensuring your Lexus remains in prime condition for years to come.

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Car Examer

MARCH 20, 2024

Research the market value of the make and model you’re interested in, considering factors like mileage, condition, and any additional features. Review Documentation and Vehicle History: Ask the seller for all relevant documentation, including the title, registration, service records, and any receipts for repairs or maintenance.

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AutoRaptor

APRIL 19, 2024

When you purchase a used car from a dealer, they may offer you a warranty to provide coverage for potential repairs and breakdowns. The Basics of Used Car Warranties A used car warranty typically outlines the specific coverage and terms offered by the dealer.

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Motor Trader

FEBRUARY 10, 2025

There have been downwards pressures on repair and maintenance aftersales volumes for many years as cars have become more reliable and service intervals extended. Will they remain loyal to an OEM network or the repairer brand whether that is a dealer or independent?

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Drive.com

MAY 27, 2024

Online platforms like Facebook have opened an avenue for private car sellers to advertise and sell their vehicles through its Marketplace, while older websites like Gumtree and Trading Post were previous examples of the internet’s impact on the used car market. “Tampering for odometers is going on in the private market.

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Shawn Ryder

JANUARY 19, 2025

Cars that qualify for CPO status typically come with extended warranties and additional perks, such as complimentary maintenance services or roadside assistance. Dealership staff can assist with issues ranging from vehicle maintenance to repairs, ensuring buyers have access to help long after the sale is completed.

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Shawn Ryder

JANUARY 18, 2025

In this blog post, well dive into the significance of mileage for modern vehicles, explore what makes the Honda Pilot stand out in the market, and offer insights on evaluating a used car’s worth properly. This can lead to issues that might not be apparent immediately but could cause expensive repairs in the future.

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Cartime Super Center

AUGUST 7, 2024

The EV market remains small compared to the conventional gas-powered vehicle market. While it’s true that there are few new EVs under $30,000, some of the most significant price drops in the last year are in the EV market. The list of affordable pre-owned EVs will continue to grow, opening up the market to more buyers.

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Car Examer

NOVEMBER 13, 2024

It’s basically selling bellow market value usually at 20% discount. Take Care of Minor Fixes : Small repairs, like replacing a bulb or topping up fluids, can make a difference without costing much. Book inspection What Exactly Is Part-Exchanging?

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AutoRaptor

DECEMBER 19, 2023

In today’s competitive market, running a successful used car business requires careful planning, strategic decision-making, and a thorough understanding of industry trends. Understanding the Used Car Market The used car market is a dynamic and ever-evolving industry that offers a plethora of opportunities for entrepreneurs.

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Automotive Mastermind

NOVEMBER 3, 2023

With the arrival of electric vehicles (EVs) across every major OEM and brand, approximately 650 models will be competing for showroom space, marketing budget, and customer attention within five years. Using dealership marketing technology, dealers can assess the factors motivating a buyer’s purchase decisions to tailor their messaging.

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Automotive Mastermind

DECEMBER 15, 2023

To adapt and achieve sustainable success, proactive dealers are future-proofing their dealerships today , positioning themselves for continued success in an evolving market. As inventory begins to normalize at car dealerships and customers slowly return to market, dealers are facing new challenges surrounding the 2023 model year sell-down.

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MforceLA

JUNE 21, 2023

Furthermore, these cars have extended warranties, and they are usually in better shape than most used cars on the market. Besides being subpar, some of the repair practices are against business ethics. With so many scams in the market, it is tricky to find the right used car dealership.

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Carcloud Auto Group

FEBRUARY 27, 2025

Each vehicle has its unique strengths, and customer reviews reflect the diverse needs and desires of drivers in the midsize sedan market. Maintenance and ownership costs When assessing the total cost of ownership for the Honda Accord and Toyota Camry, maintenance and repair expenses are key considerations for many buyers.

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Your Car Buying Advocate

JULY 31, 2023

In today’s market, dealerships are adding markup’s. Some use the term Dealer Markup, Adjusted Dealer Markup (ADM), Market Adjustment among many others. This is the reality of the car market today. However, in a market with low inventory, sometimes you do need to be ready to pull the trigger quickly. Strange, right?

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Car Examer

MARCH 4, 2024

Buying a used car can be an exciting yet intricate process, especially when exploring the vibrant market in England. Rights to Repair or Refund: In case of significant issues, you may have the right to demand a repair, reimbursement for repair costs, or even a full refund.

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Car Examer

NOVEMBER 30, 2024

Book inspection A Fair Approach to Used Cars Let’s start with the basics: we think it’s fair for buyers to expect a used car to last at least two years without needing major repairs on things like tires, brake pads, or discs. Offer an extended warranty for peace of mind. Explain any potential issues to the buyer.

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Carcloud Auto Group

FEBRUARY 13, 2025

Their expertise can help identify potential issues that could lead to costly repairs down the line. To start, research the fair market value of the vehicle you are interested in. Many dealerships offer limited warranties that cover specific components of the vehicle for a set period or mileage.

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