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Used Vehicle Retention Index Shows Another Increase
The Black Book April Retention Index broke yet another record, reaching 152.4 points.
The Black Book April Retention Index broke yet another record, reaching 152.4 points.
Data shows strength in dealers bidding and buying across physical locations, Simulcast, Manheim Express, Manheim.com and OVE.
The intent of the alliance is to give consumers more flexible choices when making vehicle purchase decisions.
Finance industry veteran brings decades of dealer-focused experience to the management role.
In order to excel in this profession, you must be a great listener, who asks all the right questions, and remembers that everyone is a prospect.
As the semiconductor shortage slashes vehicle production, rental car companies are taking extreme measures to bolster their fleets. The businesses are buying used vehicles at auction.
If more dealers sold VSCs to their own customers, it would be extremely effective in re-directing this marketplace back to dealerships, which is where these products historically were sold.
Enriched features help dealers save time, puts account information at their fingertips.
As a dealership, you can’t afford to ignore the individual players in your own omnichannel – listen to them and reap the rewards.
Most people are drawn to a lease because of the options they have at the end of the lease. But leasing does involve some obligations. F&I trainer John Tabar says it's those responsibilities that represent an opportunity for producers to increase product enrollment on lease deals.
Honoring new-vehicle brands, models with lowest projected ownership costs to help shoppers save money.
The Cox Automotive Industry Insights team is forecasting a sales pace of 16.5 million in April, down from the surprise 17.7 million in March, but a healthy number nonetheless.
Chief Executive Officer Jon Lamb and President Craig Vaughn will lead MUSA in the expansion of its used car leasing platform, as well as new ventures into traditional retail auto finance, direct lending and serving customers across a wider credit spectrum.
