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Newsby StaffAugust 18, 2021

DealerPeak Closes $3 Million Round, Announces New Board Member

DealerPeak feels well positioned to help dealerships bring customers back to lots as sales recover from the chip shortage this summer and bolster their service business as retail demand wanes. 

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Newsby StaffAugust 17, 2021

Black Book: Weekly Market Update

Days-to-turn for used retail listings have been increasing, as retail demand softened over the last few weeks.

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ArticlesAugust 11, 2021

Empower Customers On- and Offline to Seal Deals

As dealers are in the thick of a busy car buying season, complementing high-quality customer service with digital solutions can be a promising force in their journey to make one of the biggest purchases of their lives.

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Newsby StaffAugust 10, 2021

NextGear Capital Reports Top 10 Floor Planned Vehicles During First Half of the Year

Independent dealers are securing sought-after vehicles despite tight inventory.

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Newsby StaffAugust 10, 2021

Q2 Lease Trends Report Shows More Drivers Opting for Longer Lease Terms

Brands with unfavorable lease policies continue to see lower brand loyalty.

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Newsby StaffAugust 10, 2021

Market Insights from Black Book

Despite the limited inventory on dealer lots, dealer lanes continue to have higher volume at auction, while manufacturers’ remarketing lanes are offering less and less in open sales channels.

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Newsby StaffAugust 5, 2021

Specialty Market Update

Last month we noted that the record run of value increases we have seen over the past 18 months appeared to be slowing down and possibly ending.

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Newsby StaffAugust 5, 2021

Black Book July's Used Vehicle Retention Index Shows First Drop in 2021

As wholesale prices started to decline in July, the seasonally adjusted Retention Index reversed the trend for the first time this year and decrease to 161.8 points.

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Newsby StaffAugust 3, 2021

"Voice of the Buyer" Study Reveals Different Strategies Needed to Make the Sale

If you’re trying to sell to Generation Z buyers, new data shows they have a radically different mindset from millennials and all buyers overall, requiring businesses and sales professionals to adjust tactics to close the deal.

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Newsby StaffJuly 29, 2021

Binary Automotive Solutions Rolls Out New, Complimentary Marketing Assets for Dealerships

Binary Automotive Solutions new marketing collateral delivered free of charge to dealer partners include place mat laminates, custom stickers and animated videos.

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