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Experts believe the volatility the used-vehicle market experienced this year may not be temporary, and say dealers will need a culture change if they hope to succeed in this new environment.
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Three-year-old used cars currently sell for about 16 percent more than they did this time last year, according to Edmunds.com. Typically, used-car prices rise 4.6 percent from year to year.
Read More →The “Cash for Clunkers” program temporarily boosted new-vehicle sales, while compact car values rebounded in late August and continued to climb in September, according to the latest Kelley Blue Book (KBB) Monthly Market Report.
Read More →Leads provider AutoUSA reported a 500-percent increase in e-mail and phone leads for dealers since April 2009 from its pay-per-lead inventory listing network, powered by Vast.com.
Read More →AutoUSA, a provider of Internet leads, will implement TARGUSInfo’s on-demand lead verification services with its new and used online vehicle leads.
Read More →As most dealers know, paperwork can be a friend and foe. Compliance expert provides his guide for correcting 10 of the most common paperwork errors.
Read More →So you’ve decided to give it a go. The first thing you need to do is create a business plan for your new buy-here, pay-here operation. Special finance trainer provides the five things your business plan must have.
Read More →A struggling economy and stricter lending criteria have pushed more consumers toward used vehicle loans, according to Experian Automotive.
Read More →National Vehicle Certification Program Group (NVCP) partnered with CARFAX to provide a non-manufacturer inspection and certification program for independent automobile dealers and consumers.
Read More →Pelican Resource Group LLC, a provider of subprime lending services, launched Profit Over Time, a program that helps franchised and independent dealerships meet the needs of consumers interested in used vehicles.
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