Assumptions are a dangerous byproduct of our industry and we all need to check ourselves when it comes to stopping an idea in its tracks based on emotional biases and unsupported knee-jerk reactions.
The Black Book April Retention Index broke yet another record, reaching 152.4 points.
Retail inventory levels, new and used, continue to be a challenge and the limited availability of quality vehicles in the wholesale market is also proving to be a challenge for buyers.
Most people are drawn to a lease because of the options they have at the end of the lease. But leasing does involve some obligations. F&I trainer John Tabar says it's those responsibilities that represent an opportunity for producers to increase product enrollment on lease deals.
The automotive retailer’s Q1 2021 adjusted earnings skyrocketed 207% year over year with adjusted earnings of $2.79 per share.
This month, tens of millions of federal stimulus checks hit bank accounts across the country. If last year is any guide, many of those will wind up being used to buy powersports vehicles of one type or another.
The market continues to increase, but the rate of weekly gains has slowed while still remaining at levels that would be record-setting by any historical comparisons.
Agent Summit 2021 will take place at the Bellagio Las Vegas, August 29 – Sept. 1.
This past week did not set another record, but the market is still experiencing week-over-week increases that are in record-breaking territory.
Annual depreciation forecast for 5%; Auto ABS performance stable in 2021.
The model of selling vehicles alone is not enough to grow and drive profits for a dealership.
Subaru leads non-luxury brand categories, Tesla dominates luxury brands.
The market experienced record-breaking price increases this past week, as the supply and demand imbalance continued to drive up wholesale prices.
The enhanced data provided will allow dealers and consumers to avoid killing a deal over a trade-in value.
The team at LendingTree analyzed data from more than 2 million LendingTree users as well as Edmunds to find the best time of the year to purchase a vehicle.
More than 160 dealers, agents, and industry executives took part in the inaugural West Coast Compliance Summit, one of three concurrent events featured at Industry Summit 2016. And more than 80 of them successfully completed the event’s compliance certification component.
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