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Post-COVID Impacts on Car Dealerships

Post-COVID Impacts on Car Dealerships

As car dealerships continue to tackle the difficulties of the pandemic, it is important to also acknowledge the ways in which this transformation has moved the needle forward.

September 28, 2020

How the Pandemic Will Strengthen the Automotive Industry More Than the Great Recession
Down the Road: Selling Cars Remotely

Down the Road: Selling Cars Remotely

The coronavirus appears to be driving the automotive industry to selling vehicles remotely, a radical departure from the traditional dealer model. By identifying the issues that dealers need to contemplate, we find some solutions to the new direction we’re heading.

September 9, 2020

Instant Verification Technology Helps Dealers and Lenders During COVID-19 

Instant Verification Technology Helps Dealers and Lenders During COVID-19 

Buying behaviors may change for a growing number of potential car shoppers, many who have lost jobs or been furloughed due to the economic fallout of the pandemic. As more lenders rely on advanced real-time data, they may mitigate risk and put themselves in a better competitive position.

September 8, 2020

The Road to Success: Overcoming the Pandemic at Nutley Auto

The Road to Success: Overcoming the Pandemic at Nutley Auto

Although the pandemic rocked retail auto sales throughout the country, some dealerships are reemerging with healthy sales. The owners of Nutley Auto spoke to us about their dealership, staff, customers, and what they tell others about paving a solid path for business success.

August 17, 2020

COVID Waivers

COVID Waivers

Will a COVID waiver protect your business? There is no definitive answer as of early 2020, but after a review of the risks, it may be deemed an advisable addition to your compliance quiver.

August 11, 2020

Restoring Consumer Trust and Dealership Profitability Post-COVID
4 Tips for Driving PVR in Uncertain Times
Dealership Re-Opening: Best Practices for Engaging the COVID-19 Shopper
F&I in a Post-COVID-19 World

F&I in a Post-COVID-19 World

The last few months have been strange — we aren’t sure what next week will look like, and many of the goals for 2020 are in question because our ability to earn money has been compromised. So, the quicker we can adapt, the better opportunity we will have for success in the future.

July 27, 2020

Best Practices in Credit Reporting Coding In Disaster Scenarios
Where F&I Can Help Increase Successful Contactless Auto Transactions
COVID-19 Changes Everything – Except How Americans Will Buy Cars

COVID-19 Changes Everything – Except How Americans Will Buy Cars

If the COVID-19 crisis has taught dealers anything, it is that they have a fiduciary duty to their shareholders, employees, and customers, to remain well capitalized in order to survive the next crisis. Stay the course, tweak where necessary, but don’t be so quick to fix what isn’t broken, despite what the disruptors might urge.

June 30, 2020

Conquering the Coronavirus

Conquering the Coronavirus

By connecting with the customer and your team, you have the opportunity to make your paycheck and the car buying experience great again.

June 29, 2020

Auto Market Update: Analyzing the Impact of COVID-19

Auto Market Update: Analyzing the Impact of COVID-19

In the wake of COVID-19, dealers and F&I managers are wondering what continued impact this pandemic will have on the industry. Black Book’s SVP of data science and VP of automotive valuations, shared their analyses and predictions, of what you and other automotive executives may face as we move forward.

June 17, 2020