Laser Appraiser Blog and News

This article will address some of the frequently asked questions regarding how dealerships could be affected by the coronavirus, and give some tips for how to potentially navigate the circumstances....

Unfortunately, GigglePop has discontinued its guidebook services and has reached out to Laser Appraiser to help transition customers to an alternative service provider....

Take advantage of current technology, and get your dealership search ranked higher....

Sometimes, it can seem overwhelming when you are trying to micromanage every single small detail along the way....

Take a look at the future of barcode technology, including alternatives in automatic identification and data capture (AIDC)....

Who is the best used car pricing guide book?...

As the Information Age progressed, and the onset of the digital revolution set in, the barcode evolved....

Purchasing a car can be a major life decision – when buying a car, consumers are making a commitment that this vehicle is the right fit for their lifestyle for the years to come. It is quite the financial commitment as well....

On June 26th, 1974, in a supermarket located in Troy, Ohio, a single pack of Wrigley’s Juicy Fruit chewing gum was “scanned”. This was the very first object with a barcode to be scanned using modern barcode technology: by bouncing light off of the barcode and generating an electrical signal based on the intensity of the returning light....

The history of a vehicle plays a major role in its adjusted market value....

A dealership’s goal should be for at least half of the cars to be sold within 30 days of arriving on the lot.c However, the average investment in a used vehicle dealer’s lot has gone up, and the average profit has gone down. Could this mean serious trouble for the used car market? If investment in a lot goes up, shouldn’t profit follow suit?...

Consumers want to be sure that they are getting the most out of their hard-earned money – and a car is one of the biggest buying decisions to be made. However, there are many differing opinions on when the best time to buy a car might be. As a dealership, you may wish to consider their timing opinions....

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....

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....

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....

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...

Where do dealerships profit? The answer comes in the form of three answers – used vehicles, finance and insurance, and the service department....

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....

How are you acquiring your inventory? Either through auction (online or brink-and-mortar) or through trade-in...

In today’s economy, consumers spend much of their time looking for cars online, and for good reason – the Internet offers seemingly limitless car choices with a magnitude of vehicle options that clients love at the most affordable prices. However, not every vehicle on the Internet is a winner....