Car leasing has heated back up to pre-recession levels, but how much more growth can the industry expect for leasing? Swapalease.com, the nation’s largest car lease marketplace, has insight into this trend based on results of a recent survey that included leasing as a consideration of future vehicle shopping.
Brands such as Toyota and GM have been in the news lately discussing their plans for more lease growth. While these and other automakers have realized the industry’s return…
Added by John Sternal on September 3, 2013 at 2:36pm — No Comments
Used vehicles model years 2007-2011 overall depreciated -1.4% in July, slightly more than the -1.3% pace in June and -1.0% level in May. Domestic cars depreciated -1.5%; import cars were -1.4%; domestic trucks were -1.4%; and import trucks were -1.3%. Average pre-recession depreciation is historically between -1% and -2% monthly.
Added by John Sternal on August 14, 2013 at 3:30pm — No Comments
Today, most automobile manufacturers are offering certified pre-owned cars programs via their dealership network. Even superstore retailers have their own programs in this regard. Potential buyers can also look at third-party used car dealer that offer certification programs that are not associated with the ones…Continue
Added by Larry Vonn Curtis on June 18, 2013 at 3:27am — No Comments
It is easy to sell more cars in the Buy Here-Pay Here industry. All you have to do is say “Yes”. The challenging parts are knowing which customers to say “Yes” to and how to collect the balance of the loan.
In order to make that decision, there are 10 Key Characteristics that are important…Continue
Added by JD Rucker on December 29, 2012 at 3:00pm — No Comments
We don’t promote conferences very often. Those who have seen KPA at conferences know that we attend nearly all of them, speak at most, and engage with dealers as our primary reason for going. These things make promotion of the events challenging as we know that we’re getting a benefit from them so it’s almost like “double dipping” when we promote them as well.
Added by Stan Sher on September 29, 2012 at 3:44am — No Comments
You've decided to go outside your dealership to get something handled. After a lot of thought, you realized it would be better to spend money with the right experts and handle things once, than to save money on paper and take your people away from what they do best for you. Many times that's exactly what you should do. But how do you know you have the right company for what you really need?
To help you see how to rate a company or service, I will be using our company…Continue
Added by John Fuhrman on July 10, 2012 at 2:11pm — No Comments
Managing a Buy Here – Pay Here dealership can be like walking a tightrope. A manager needs to balance creating a friendly atmosphere against the need to maintain a business relationship. Potential customers should feel welcome when they come in to purchase a new vehicle and current customers should feel…Continue
Added by Alan Mosher on July 2, 2012 at 1:30pm — No Comments
You've evaluated the numbers. Met with your managers. Decided the goals for the rest of the year. Now the only question is, how and when should you hire additional sales people? Is there actually a best time to put new people on your floor? Let's look at the possibilities.
HIRING WHEN THINGS ARE SLOW
When things are slow there are two huge benefits to hiring new people. First - You cna take your time and make sure they get their feet under them. Let…Continue
Added by John Fuhrman on May 1, 2012 at 10:59am — No Comments
Added by Jeremy Lipps on February 4, 2012 at 1:00pm — No Comments
Imagine driving more chat conversations than you ever thought possible! Proactive dealer chat invitations have …Continue
Added by Justin Braun on January 19, 2012 at 7:00am — No Comments
You cannot manage what you can’t measure. As more and more consumers flock to your dealership website, you must focus your attention to optimizing the ease of which your prospects obtain information about you. …Continue
Added by Justin Braun on December 29, 2011 at 8:00am — No Comments
ActivEngage was recently honored to have its CEO and Co-Founder Todd Smith featured as a keynote presenter as the Ignite! Dealer Summit. Todd’s workshop highlighted more than 17 easy to use and powerful online tools and …Continue
Added by Justin Braun on December 14, 2011 at 8:00am — No Comments
CarChat24 will provide hosted Free Advanced Auto Dealer Chat Software for (“All Car Dealer’s NEW or Used”) after final Beta testing. Expected release in late January to early February. Hosted Advanced Chat software designed for Car Dealers FREE!
Anyone interested in this always free version should go to the appropriate URL below to register. Once we launch we will send a link to all the registered Always Free users. It’s that simple,…Continue
Added by Shereef Moawad on December 13, 2011 at 11:18pm — No Comments
Mark Tewart's “High Performance Management Workshop”
When: Monday, September 19th and Tuesday, September 20th
Where: Hilton Cincinnati Netherland Plaza (35 West Fifth St.) Cincinnati OH
Times: 8:30 - 4:30 Wednesday and 8:30 - 3:00 Thursday…Continue
Added by Mark Tewart on August 16, 2011 at 10:56am — No Comments
Price cutting is a self-inflicted wound. Nobody holds a gun to your head and makes you cut your price. I know that many of you are thinking right now: "There is so much competition today that you can't maintain profits," "Everybody is giving everything away," "The salespeople can't negotiate," and "Everybody knows our pricing from the Internet..." Blah, Blah, Blah. Stop whining about price!
Only about ten percent of buyers buy on price alone. For that ten percent, you can…Continue
Added by Mark Tewart on July 29, 2011 at 3:41pm — No Comments
Why the Gen Y is in the driver’s seat & why we need to pay attention!
Place your seat in an upright position and think again! You may end up kicking your own rear down the road.
A study was…Continue
Added by Jennifer Schrader on July 14, 2011 at 9:37am — No Comments
(if interested in a custom Facebook page for your business, skip to the very bottom for samples)
Jim Ziegler recently posted a link to an article on his Facebook page by Command Partners titled "Why 99.5% of Social Media Gurus are Clowns." I couldn’t agree more and the article got me to thinking, Am I a Clown or a Guru? Every time I turn around someone is…Continue
Added by Chad Shipp - ShippMedia.com on June 23, 2011 at 1:38pm — No Comments
We've all seen ads looking for sales pros. Dealer web sites invite us to meet their "professional" staff. Customers all want to be handled "professionally." Yet, there is still a perception that having a real professional staff is a matter of luck or just playing the numbers game in hiring. However, luck has nothing to do with professionalism. Like everything else we've talked about, it's a choice. But, it's a choice that can be influenced.
First, to determine what is…Continue
Added by John Fuhrman on June 2, 2011 at 10:59am — No Comments