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How to keep your independent car dealership competitive

Solera

Independent car dealerships must remain competitive compared to other independent dealers in their area and large national chains with big budgets, a strong brand identity, and access to a nationwide inventory. It can be tough out there, but many independent dealerships are not only competitive, but they thrive.

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The Gender Pay Gap At Car Dealerships Is Way Worse Than The National Average

Jalopnik

The salary gap between women who work at car dealerships and men who work at franchised car dealerships is approximately one average American household, according to new survey data from Automotive News.… The average American household earned $74,580 in 2022 across all industries, according to U.S. Census Bureau data.

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This Is The Worst New Car Finance Deal I've Ever Seen

Jalopnik

A sucker walks into a new car dealership every minute. Dealership showroom floors are practically delivery rooms for freshly-born suckers. There are shiny new cars on the floor, and rapacious young sales professionals just waiting to lure you into something you can’t afford , don’t need, or otherwise shouldn’t own.…

Finance 61
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76 Percent Of Americans Think Dealerships Are Lying About Car Prices

Jalopnik

As it turns out, the vast majority of Americans think car dealerships are out to rip them off. The new KPA 2024 Dealership Trust Survey shows some fairly extreme gaps between perception and reality when it comes to pricing and financing. Read more.

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KPA’s Trust Survey Says Many Still Distrust Dealerships

AutoSuccess

KPA recently announced the results of its 2024 KPA Dealership Trust Survey conducted by The Harris Poll. The survey reveals that about one-third of Americans have experienced things like deceptive selling, hidden fees or dishonest salespeople at car dealerships. 76% don’t trust car dealerships to be honest about pricing.

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Dealers Are Worried About How Cars That Don't Even Exist Yet Will Be Sold

Jalopnik

Car dealers are terrified of direct sales. I mean, how else are they going to charge for crap you don’t need and try to force you into financing their bonuses plus the price of the car for 84 months? They see protecting the franchise sales model as paramount.

Finance 58
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COMMENTARY: 8 tips to be adaptive & thrive in a down market

Auto Remarketing

The world of car dealerships is a dynamic and ever-evolving industry that operates in tandem with economic cycles. In a down market, car dealerships face unique challenges that test their adaptability and resilience. This is where pre-owned vehicles come into play.