Improving Car Sales Methods
For decades, customers and employees would talk face to face, and then employees would close the deal by offering the customer a price at the end of the conversation. Now, with the power of the Internet, face to face meetings are barely necessary....
A Simple Explanation of Market Days’ Supply
The latest automotive industry buzzword, Market Days’ Supply (MDS), is a calculation derived by dividing your currently available supply of inventory by your average daily retail sales rate over the past 45 days....
Laser Appraiser vs. Autoniq
Autoniq accesses pricing guides. However, Laser Appraiser offers much more robust pricing and market data that will make your dealership more informed and more competitive. ...
Laser Appraiser: The best alternative to Vin Viper
As many automotive dealers seeking bargain vehicle valuations know, the 2017 collapse of Vin Viper as a mobile device app solution was a major operational setback...
Auto Dealer Profit Guide
Where do dealerships profit? The answer comes in the form of three answers – used vehicles, finance and insurance, and the service department. ...
Do New Vehicles Make Dealerships Money?
The nature of car sales can be a tricky thing – we all know the stereotype of the “used car salesman” who is trying to rip you off. However, those of us who work in car dealerships know that this is not the norm. The average person would probably assume that car dealerships make most of their money from new car sales, but things are much more complicated than that. ...