Used vehicle sales helped keep dealerships afloat during new vehicle inventory shortages in recent years, but they are expected to be flat this year as new vehicle sales rally. Cox Automotive Chief Economist Jonathan…
5 Tips to Reduce Contracts in Transit
As dealerships seek ways to maximize efficiency and cash flow, many are taking a close look at their contracts in transit (CIT). Traditional paper contract packages spend an average of five days in transit…
Avoiding Title and Payoff Surprises With Trade-Ins
Under the current market conditions, with new car inventory at historic lows, dealerships’ used car programs are more important than ever as a revenue and cash flow source. That puts increased focus on your…
Your Shortcut to Faster Trade-In Titling
The typical trade-in process is full of time-consuming manual steps that can mean a long road ahead before you receive the title and turn the inventory. Dealertrack Accelerated Title® offers an expressway to faster…
Clear Titles, Full Details Make for a Winning Trade-In
Autumn means colorful leaves, a chill in the air and the welcome return of football. This year, the auto business is experiencing some tough challenges brought on by daunting economic and industry conditions. Your…
CASH FLOW OPPORTUNITIES: THINGS TO CONSIDER WHEN RETHINKING YOUR BACK-OFFICE PROCESS
Now more than ever, dealers are looking for ways to promote efficient processes that can stimulate healthy revenue flow for their business. After all, cash is king, especially when looking at the current state…
Improving Cash Flow with Faster Title and Lien Release
Cash is king for any business, and dealerships are no exception. Even with solid reserves and good fluidity, better cash flow always helps with your dealership’s expenses and overhead. So, how does faster title…
