Welcome to this week’s episode of Used Cars Weekly, the original CBT News show dedicated to bringing car dealers best practices and tips for the used car department, in-depth dealer interviews, hands-on dealership strategies, and vendor analysis.
In a slower economy with tighter household budgets, consumers will more than likely be segment-loyal rather than brand-loyal. Meaning, that they want a specific type of vehicle like a compact SUV for example. It’s crucial for car dealers moving forward to understand the segments and price points customers are looking for at the dealership. Today, host Jasen Rice, founder of Lotpop, discusses new stocking strategies for used cars that directly tie to your active leads.
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