It’s a seller’s market right now, and dealers who’ve spent years struggling against margin compression are breathing a sigh of relief. However, we’re moving back towards a buyer’s market each day. When the market finally flips — as it always does — dealers will again be fighting for front-end gross. Why? Because companies like big-name …
3 Steps to Grow Front-End Gross… Without Sacrificing Sales Read More »
Updated September 27, 2020 “You don’t make money when you sell a vehicle. You make money when you buy it.” Sound counter-intuitive? Maybe. But successful dealers know it’s 100% true. That’s because buying the right vehicles for your market, at the right price, helps you sell cars faster while earning a higher gross-per-copy. Last year, …
Updated September 8, 2020 It’s harder than ever for dealerships to make money. As local and national competition heats up, dealership margins are becoming slimmer. Customers are better informed and expect the best deal every time. It’s not all doom and gloom, though. It’s still possible to thrive in today’s ultra-competitive market — you just …
VINCUE vs. Laser Appraiser: Comparing Dealer Tools Read More »
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