This month on our Used Car Marketing Dealer Strategy Session: TrueCar has a new Auto Buying Program with Kroger; Manheim Used Vehicle Index posts first year-over-year decline in 33 months; Top selling units per market, and startups see opportunity for disruption in used-vehicle space.
used car marketing
Video and podcast featuring the live web chat with Lotpop owner Jasen Rice and Host Ryan Gerardi talking about Used Car SAAR rates remaining steady in September, Used Car Sales continued hot streak, rising depreciation, Ally Auto’s recent investment into Fair, and Costco’s used used car program gaining attention.
Tweet According to industry reports, August used vehicle sales should reach somewhere in the neighborhood of 3.4 million units, giving the industry a seasonally adjusted annualized rate of 39.8 million, down slightly from last year’s…
Live panel discussion about how much of the used vehicle market remains for traditional auto auctions, finding the cars customers want – online, auction channels migrating to online, and Mercedes-Benz Credit selling off-lease vehicles directly online. Post your questions now and join us live, or sign up to catch the full video replay later.
Video and abridged podcast featuring Ryan Gerardi talking about Carvana debuting at No. 8 in Auto News Top 100; Black Book index dipping for 5th consecutive month; and how rising depreciation will affect the used-vehicle market.
Tweet What does the used car market look like in the first full month of Spring? Find out in this month’s Used Car Marketing Dealer Strategy Session. Slower than March, but still above 3 million…
Are franchise dealers sourcing used vehicles these days from a decreasing pool of the right cars? If so, where can dealers go to better source the right kind of vehicles for their dealerships? This video and podcast features auto industry veterans talking about tips and insights for wholesale sourcing dependability this Spring.
Carvana wants to buy your car and let you conduct 100% of the transaction online. They will give you a quote, come get your car, and hand you a check. But is this the best way to go? Here’s what to consider with Carvana’s offering.
Margin Compression? What, if anything, is squeezing profitability in used cars from dealers? Here are 3 Ways to Increase Profitability in Used Cars for 2019. From OEM mandates, incentives, and razor-thing margins, to used vehicle acquisition, time-to-line, etc., this post sets the stage for what challenge lay ahead for auto retailers in 2019.
In a recent twist, automotive veteran and visionary Dale Pollak and his company vAuto have unveiled a new way of thinking. For nearly a hundred years, the standard way of thinking has been that the longer you hold on to a vehicle, the less you will make on it.The myth, Pollak states, is that vehicles have diminished profit opportunity as they age according to calendar days. But Pollak says this is not true.