
The Data Management Systems category continues to be dominated by major players in the market, and the 2011 lineup mirrors last year’s.
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Three inventory management tools made the cut as Dealers’ Choice Award winners, and this year’s results may induce a feeling of déjà vu, considering all three companies placed the same as they did in 2010.
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When it comes to purchasing inventory online, two auction companies received high marks from dealers.
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While there aren’t a ton of players in this category, dealers continue to report high satisfaction for one company.
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Compared to recent years, dealers have been reporting loosened subprime financing, and their ratings of subprime finance companies this year correlate. For the first time since 2008, more than three subprime credit finance companies scored well enough to earn mention.
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Historically, the group average in the Non-captive Prime Finance category is high compared to averages in other categories. This year, the category still fared well among dealers, with four companies receiving accolades.
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For the past couple years, dealers have rated five captive finance companies high enough to make the Dealers’ Choice Awards listing. This year, however, only three companies scored recognition from their respective dealer bases.
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While the Reinsurance category is a relatively new category, it’s been around long enough for trends to emerge. For the past three years, the group average has been relatively high compared to other group averages, and two companies have proven their staying power as top providers.
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Familiar but different sums up this year’s winners in the Service Contract Provider category. Only one provider returned from last year, but all four companies with above-average scores have been recognized in past years.
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In the increasingly regulated realm of F&I, continued training is vital for dealerships of all shapes and sizes. This year, dealers recognized three F&I trainers.
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