Welcome to the age of the “empowered customer.” Car buyers are doing their homework, and that includes research on financing and insurance, well before they visit your dealership. They need more than a good…
Stay Nimble and Accurate When Funding Loans
Auto lending is a valuable service for dealerships, with 85% of new cars purchased in 2018 financed rather than purchased outright. Dealers require fast funding to stay cash flow positive, so it’s important for…
Next Generation of Dealers Wants to Hold onto Dad’s Legacy, Not His DMS
This article originally appeared on CBT Automotive Network here. For some auto dealers, Father’s Day is more than an opportunity to celebrate Dad. It’s a chance to celebrate the man who brought them into…
Drive to Success: Digital Retailing for Dealers 101
Automotive dealers looking to battle margin compression, reach more customers, and grow their online presence must optimize their digital retailing strategy. But what exactly is digital retailing, and what is the best method for…
Industry News Roundup: 8/16/19
This week’s news roundup from Dealertrack includes some surprising best practices for the F&I office, a heads-up about the next generation of auto buyers, and an update on the state of the economy and…
Top Technology Challenges for Dealerships
When Susan Moll, Sr. Director of Field Services for Cox Auto, sat down with the team at Jim Browne Auto Group, it was clear they were struggling with their technology investments. The dealership group,…
Expedite Contract Processing Regardless of Workload
eContracting has made it so indirect auto lenders can process contracts and fund their dealers faster. Unfortunately, many dealers haven’t given up the paper contracting habit yet, so lenders must find ways to beef…
Drive to Success: The Millennial Mindset Impacts Auto Ownership
Selling cars to a younger generation like Gen Z and millennials, those born sometime between (roughly) the very early 1980’s and mid 1990’s, is becoming the proverbial white whale for modern auto dealers. You…
Expediting Title Processing Can Save Time and Money
In our digital-first world, no one wants to wait for anything. So why does vehicle title processing still take so long? In this article from Used Car Dealer Magazine, Kaitlin Gavin, VP and General…
Leadership Lessons: Catch These Industry Experts at Digital Dealer
Digital Dealer 27 Conference & Expo takes place Aug. 19-21 in Las Vegas and we can’t wait. This peer-to-peer conference mixes industry pros, the top 100 dealers, and expert-led sessions for an over-the-top chance…
Drive to Success: Process Improvements For Your Auto Sales Team
Process improvements and workflow enhancements are a good way to streamline the way your sales team identifies goals and hits their targets. That is, of course, when they work. Often, changing the simple way…
Leadership Lessons: New Technology Brings Opportunity to the Jim Browne Auto Group Team
When Jim Browne Auto Group analyzed the value they were getting from their technology investment, they were less than impressed. Their current monthly investment had, according to the owner of the auto group, “outpriced…
