Tag: pre-owned vehicles
AutoNation reports record earnings in Q2 2021
On July 19th, AutoNation released their Q2 net income from continuing operations that set an all-time earnings record for the fifth straight quarter. As the largest American automotive dealer group, their net income achieved $385 million and an adjusted EPS of $4.83, representing an increase of 243% above the same period last year. Compared to […]
How to leverage the service drive for profitable pre-owned acquisitions
As the ongoing chip shortage continues to delay OEM production, dealership inventories have reached historic lows. At the same time, increased consumer demand –...
New to recon software? Make the most of it
Congratulations! You’ve decided to advance your used car business by improving its reconditioning efficiencies through automation.
Now what?
Few people like change, and a shift in...
The Next Rapid Recon Introduces Less Scrolling, Fewer Clicks For Performing...
PALO ALTO, CA, October 23, 2020 – The Next Rapid Recon, the efficiency standard in reconditioning time-to-line workflow software, announced today several efficiency and...
How VettX Helps Dealerships Utilize the Third-Party Vehicle Market to its...
Since the start of the pandemic, many dealers have struggled to acquire used inventory. Is sourcing from private parties the way of the future?...
How Dealers Can Acquire Used-Car Inventory Quickly and Efficiently – Nick...
With the inventory challenges facing the new car market, many dealers are putting their energy into bolstering their used-car departments. That means finding new...
J.D. Power’s Larry Dixon Examines Used-Car Market Performance as We...
On today’s show, we’re pleased to welcome back Larry Dixon, Senior Director of Valuation Services at J.D. Power, who was recently featured in the WardsAuto article, “Car Dealers Stop ‘Freaking Out’ About Used-Vehicle Sales.” In this segment, Larry gives us his take on how the used car market has fared amidst the pandemic, as we […]
What Buying and Selling in the Wholesale Space Looks Like Today...
On today’s show, we’re pleased to welcome back Zach Hallowell, Vice President of Manheim Digital. In this segment, Jim and Zach discuss the buy-side...
Independent Used-Car Dealer Tony Caldwell Talks About Building a Brand...
On today’s show, we’re pleased to welcome Tony Caldwell, President of You Drive Auto in Elyria, Ohio. In this segment, Jim and Tony discuss how the pandemic has affected the dealership’s employees and overall performance, as well as the unique challenges that independent dealers face during the crisis. Did you enjoy this interview? Please share […]
What Will the Trade-In and Appraisal Process Look Like as Showrooms...
On today’s show, we’re pleased to welcome back Randy Kobat, Vice President of Operations for Kelley Blue Book Instant Cash Offer. In this segment,...
