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Balancing Budgets, Boosting Profits: Why Expense Control Matters for Dealership Success

Full Path

Consider switching to a more effective tool that align with current business needs and deliver a higher ROI. F&I Managers: Keep It Lean Finance and Insurance (F&I) managers should focus on operational efficiencies that enhance profitability without increasing costs. Action Plan: Review lead-generation services regularly.

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COMMENTARY: 9 places where dealers can find cost savings & margin preservation

Auto Remarketing

In fact, more inventory being carried on the books longer has two cost elements, one being the cost of interest, insurance, and flooring fees, and the second being the effect, namely higher depreciation. Especially during a time when inventories increase, this is a cost item that warrants close attention.

Retail 98
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The Future of Car Dealership Digital Marketing in 2024

Turbo Marketing Solutions

Thus, moving forward, it's possible to see car dealerships offering after-sales services such as financing, insurance, customisation and maintenance services. Campaigns that offer personalized driving experiences may well generate ROI higher than those that stick to traditional mass-market tactics.

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Targeted Leads in the Automotive Industry: Effective Marketing Strategies

Turbo Marketing Solutions

For instance, if you're an auto repair shop, collaborating with an insurance company to co-host a workshop on car maintenance and safety can help both parties reach new clients. These resources not only provide valuable insights but also serve as gateways for capturing contact details of interested individuals.

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WarrCloud Raises $20 Million in Series B Funding

AutoSuccessOnline

“Jim’s extensive experience in the automotive industry has equipped him with a deep understanding of opportunities to increase dealers’ profitability, significantly boost ROI and simultaneously strengthen customer loyalty.

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The Don’ts and Dos of Outsourcing OEM Warranty Administration

AutoSuccessOnline

Outsourcing your warranty administration is not audit insurance. Focus on your true ROI, a full-service solution will deliver a positive ROI in just the labor it offsets alone. The best warranty administration companies protect you and their current customers by not overpromising.

ROI 52
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Hunter’s Ultimate ADAS Gains Approval from Nissan, Infiniti

AutoSuccessOnline

Of particular importance for both customer satisfaction and insurance purposes, Ultimate ADAS provides thorough and easily decipherable documentation of the exact procedures performed and exact target placement. Many common and time-consuming manual adjustments are now automated, such as height, roll, pitch and yaw.