DC Offers Pre-Owneds to Dealers Online
Web-based sales of pre-owned Chrysler Group and Mercedes-Benz vehicles on an online auction basis kicked off in February under the auspices of lessors Chrysler Financial and Mercedes-Benz Credit.
Consisting primarily of off-lease vehicles, the units will be offered in an arrangement with Manheim Online first to Chrysler Group and Mercedes-Benz dealers. The closed auction bidding will go on for 48 hours, according to DaimlerChrysler remarketing vice-president Kelly Mankin, before access is opened to all dealers served by Manheim Online.
Both the Chrysler and Mercedes sites offer vehicle condition reports and photos, with bidding similar to that in a traditional auction. Final bidders are offered transportation assistance.
“The new online purchase enhancements are a powerful prospecting tool and will allow multi-franchise dealers nationwide to bid on a vehicle without costs associated with having to travel to auctions,” Mankin said.
More F&I
Just Do It
F&I managers need training, but instead of resisting application or expecting perfection, they should improve by simply acting on what they learn.
Read More →
Dealer Lender Preferences Revealed
When lenders provide consistent, fast service, their overall satisfaction scores with dealers greatly improve, according to JD Power research.
Read More →
Leading with Purpose
In this video, Trent White explains how understanding your people’s 'why' is a key leadership responsibility of F&I professionals and how that mindset drives dealership engagement, trust and performance.
Read More →
Integrating Nontraditional F&I Products
The niche presents a strategic advantage for auto dealerships as they move to adapt to fast-changing consumer expectations in today’s market.
Read More →
Trust Is Personal
Technology, no matter how efficient, can’t replace what the human F&I manager can do, which is to bridge the divide between cyberspace and the in-store experience.
Read More →
Amplify 2026 Billed as Turning Innovation Into Results
Reynolds and Reynolds says its annual retail summit will connect dealers with practical strategies, peer insight, and technology-driven ideas.
Read More →
Own Your Outcome: F&I in the Digital Customer Journey
Finance has historically been the last step in the car-buying process, but it doesn’t have to be. The customer’s journey starts long before they arrive at the dealership, and so should F&I’s involvement.
Read More →
Tariffs Could Raise Insurance Premiums
As U.S. import tariffs affect repair costs, consumers might find it more affordable to replace a damaged vehicle, according to recent Insurify tariff analysis.
Read More →
Smaller Loans, Longer Terms
The youngest generation of car buyers is more likely to finance less expensive vehicles, more than half of generation Z consumers borrowing less than $25,000.
Read More →
New Lifetime Battery F&I Product Meant to Drive Dealer Traffic
EFG Cos. offering is intended to create lifetime auto dealer engagement with customers.
Read More →