Shawn Ryder

FEBRUARY 3, 2024

Extended Warranty: Many CPO vehicles come with an extended warranty. Read the warranty details thoroughly to avoid any surprises. They provide the assurance of quality, extended warranty coverage, and a lower depreciation rate.

Extended Warranty 52

Extended Warranty Repairing Dealerships Manufacturing 52

Drive.com

JULY 26, 2024

“The demo car is now considered to be a used car; a dealer may not be obligated […] to sell that at recommended retail price (RRP),” he continued. “New demonstrators or demonstrators that were relatively new, were more expensive than the recommended retail price of a car because supply and demand would just go bonkers.”

Manufacturing 75

Manufacturing Dealerships Extended Warranty Retail 75

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. Industry-wide Brand Loyalty Stalls While retail advertised inventories have risen substantially, brand loyalty has not followed.

Dealerships 52

Dealerships Retail Extended Warranty Customer 52

Dealer Inspire

FEBRUARY 21, 2023

Today I’m happy to let you know that our Instant Financing technology is now available within Online Shopper , our end-to-end retailing solution. Instant Financing within Online Shopper ushers in the next-gen retailing era that allows customers to get a pre-approved, locked-in payment from your lenders on the vehicle of their choice.

Finance 52

Finance Automotive Retail Extended Warranty 52

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.

Manufacturing 76

Manufacturing Extended Warranty Networking Customer 76

Automotive Mastermind

SEPTEMBER 16, 2022

While customer demand is already being masked by the inventory shortages, dealers should expect to see higher interest rates and corresponding monthly payments likely continue to curb retail demand for the foreseeable future. Rate hikes by the Federal Reserve have led to the average interest rate on a new vehicle loan rising to 4.8%

Retail 52

Retail Supply Chain Extended Warranty Dealerships 52

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.

Retail 66

Retail Customer Extended Warranty Insurance 66

Shawn Ryder

JANUARY 13, 2024

Terminology MSRP MSRP stands for Manufacturer’s Suggested Retail Price. Understanding the benefits of CPO vehicles, such as extended warranties and thorough reconditioning processes, can help sales professionals promote them effectively. CPO CPO stands for Certified Pre-Owned.

Sales 52

Sales Consulting Finance Mileage Limit 52

Turbo Marketing Solutions

SEPTEMBER 6, 2024

Now, it's time to unfold the contrasting realms of Online vs. Traditional Retail Platforms. Online vs. Traditional Retail Platforms The growth of online sales in the automotive sector has been transformative, as more consumers opt for the convenience and transparency offered by virtual car buying experiences.

Automotive 52

Automotive Marketing Sales Supply Chain 52

Automotive Mastermind

NOVEMBER 3, 2023

New to Market With the rise of digital retailing, dealership’s primary market area (PMA) has expanded significantly, offering greater room for variability and growth. According to U.S. census data , the share of movers from a different state or county rose by 2.4 to 4.9% – the highest since 2018.

Buyer 52

Buyer Extended Warranty Dealerships Customer 52

Drive.com

APRIL 8, 2024

Comparatively, the 2023 Tesla Model 3 Performance, when purchased new in 2023, retailed at $83,400 before on-road costs. A handful of EV makers are introducing certified pre-owned programs that can also offer extended warranties. “If the warranty on the car is lower, it’s automatically topped up to 24 months.

Repairing 116

Repairing Insurance Dealerships Extended Warranty 116

Turbo Marketing Solutions

FEBRUARY 6, 2024

Knowing how much room there is to negotiate and understanding where we can offer additional value, such as extended warranties or service packages, allows us to approach the negotiation with confidence. This not only ensures we stay within the customer's constraints but also considers our dealership's bottom line.

Automotive 98

Automotive Sales Finance Customer 98

Turbo Marketing Solutions

APRIL 9, 2024

In retail, both groceries and rideshare services already utilize dynamic pricing, allowing prices to change based on market trends, competition, or customer demand. As technology continues to evolve, the industry is poised for further advancements that will reshape the future of automotive retail.

Automotive 52

Automotive Customer Dealerships Marketing 52

Your Car Buying Advocate

JULY 31, 2023

MSRP stands for Manufacturer’s Suggested Retail Pric e. Upselling Additional Features or Warranties Dealers may attempt to increase the sale price by offering additional features, services, or extended warranties. What is an "extended warranty"? What does "retail price" mean?

Finance 52

Finance Deal Pre-Qualify Dealerships 52

Dealer World

SEPTEMBER 17, 2024

The majority of dealers (18%) manage inventory carryover with price markdowns, dealer trades, and extended warranty offers, followed by 16% conducting aggressive marketing campaigns. The Lotlinx platform provides automobile dealers and manufacturers with enhanced operational control over their retail business.

Retail 52

Retail Extended Warranty Management Dealerships 52