For the third month straight, used vehicle values have gone up and managed to set a new record, according to Manheim. Increasing by 0.14 percent throughout the month of September,...
At this time in the car business when it is getting harder and harder to hold gross on new-vehicles, used-vehicles are becoming more critical to dealer profits than ever before....
“In the near to intermittent term, we are on a brink of a down cycle’’, Dale Pollak, Founder of vAuto, said in a recent interview with CBT News, where he...
Jim Fitzpatrick sits down with Georg Bauer, Co-Founder and President of Fair, a Fintech startup, to discuss auto finance and the Fair flexible model of car ownership.
Overcoming The Traditional Preowned...
On today's CBT Newscast for Thursday, September 7th, 2017:
Does dealership recruitment need to improve?
Norma Benavides, a manager trainee at Rockwall Ford in Texas, was highly recruited by several auto groups...
SANTA MONICA, Calif.— Car shoppers in the market for an affordable used vehicle may experience a bit of sticker shock when they head to the dealership, according to the latest Used...
If you’ve skimmed a DealerSocket ad in your last 10 or so editions of Automotive News, then you have caught our newest headline, “In Dealership We Trust.” I thought you...
In November 2016, the Federal Trade Commission introduced changes to its Used Car Rule that affect auto dealers selling used vehicles. If your business belongs to this group, it’s important that...
Most dealerships acquire used car inventory through the auction process, which can be painfully long and costly, squeezing your dealership’s potential profit margin. Consider, however, that the average dealership sees...
Paragon Honda in Queens, NY is easily one of the top tier Honda dealerships in the county. Jim Fitzpatrick had to a chance to speak with Brian Benstock, GM/Vice President of...