New Service Levels Playing Field for Single-Point Dealers
Dealers United introduced a new service in which it will act as the conduit for single-point dealerships to negotiate better terms and prices with vendors, and bring costs down through volume purchasing.
SARASOTA, Fla. — Dealers United introduced a new service in which it will act as the conduit for single-point dealerships to negotiate better terms and prices with vendors, and bring costs down through volume purchasing.
“From 2000 to 2009, dealer groups with more than 20 stores grew by 64 percent while the rest of the industry fell by 28 percent,” said Matt Buchanan, Dealers United co-owner and Sarasota Ford dealer principal. “As an industry, we’re facing the reality of a business fueled by dealership chains at the expense of family-owned businesses. Our goal with Dealers United is to protect single-point dealers by leveling the playing field.”
Dealers United will act as the voice for single-point dealerships while giving vendors the ability to market to a highly targeted group, according to the company. Acting as the community’s liaison, Dealers United will interview vendors about what makes them unique from their competitors and then introduce the hand-selected vendor to members. The members will then “tip” a discount from the vendor into action when enough of the dealerships sign up to receive the product or service at a substantial discount.
“Dealers know what they need more so than any outside party,” said Jesse Biter, Dealers United co-owner and HomeNet Automotive founder. “However, I do know vendors. I know how to negotiate the best prices (especially when buying in bulk), I know how to determine the good ones from the bad and I know how to ensure the terms and conditions, including a service level agreement, are all favored toward the dealer.”
For more information, visit http://dealersunited.com.
More Auto Finance

July Was Hot for Auto Borrowers
Credit proved readily available for many, but most loans left buyers in negative territory, Cox Automotive said.
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 →
Auto Refi Savings Surge
Consumers with 84-month auto loan terms who refinanced saved the most on monthly payments, according to a new report by auto refinancing provider Caribou.
Read More →
Subaru Enters Lending Business
The automaker follows other brands in adding captive financing in the U.S., and says the move will strengthen its position here.
Read More →
Positive Equity Reaches Record High
Mainstream vehicle owners who bought a car seven years ago are likely to have positive equity when trading in for a new vehicle, according to second-quarter Edmunds data.
Read More →
Dealerships Are Paying the Price for Extended Car Loans
Growing negative-equity scenarios mean such lengthy terms should be addressed in a forward-looking way to make them work for the dealer and the consumer down the road.
Read More →
Trade-Ins in Negative Equity Reach New Heights
As such trade-ins rise in frequency, so do monthly loan payment amounts and interest rates, according to second-quarter data compiled by Edmunds.
Read More →
Auto Credit Plentiful
June numbers show lenders are readily granting access, including to risky borrowers, as consumers leverage themselves to take on high prices.
Read More →
Automotive Consumers Sink Further in Debt
Most financing metrics hit records in the second quarter as more buyers locked themselves into long terms and high monthly payments.
Read More →
Porsche Financial Services Shifts Structure
After 36 years with Porsche, the Financial Services Chief Financial Officer Konrad Riedl is retiring, and the department is realigning its management structure.
Read More →