There’s expected to be a 2-3% price drop in the used car market this year, couple that with a compression of 30% on margin compared to the last 5 years and it’s a tough playing field.
You should all know these essential metrics by now, but here’s a reminder. Do you actively keep track of them?
Having an app based appraisal solution not only presents a professional appearance to customers, but it helps your staff justify the valuation.
EV’s are a scary, misunderstood thing. There are very few dealerships trading in pure electric cars; they either have to due to a parent manufacturer selling electric vehicles or most simply...
Rumours of an impending trade war keep circling, and it’s the global automotive industry as a whole that could face the biggest blow.
Most people dislike shopping for cars; there have been numerous reports on how pained the process is.
Technology is all around us, in our pockets, on our desks, even on our wrists. But the car industry has been slow on the uptake. Portable computing has been around for at least twenty years, yet...
If you’re currently using Excel spreadsheets and paper to keep control of your vehicle stock, you’re not saving, rather wasting thousands of dollars. Here’s why.
It’s always a tricky thing to ‘buy right’, you need to manage the profit margin with saleability. Buy too high and the car will simply languish on your forecourt unsold for weeks.