Remove Automotive Remove Finance Remove Vehicle
article thumbnail

Auto Parts Training: 5 Essential Skills for Future Shop Owners

Automotive Training Centre

Efficient inventory management will also help reduce costs by preventing overstocking or understocking, which is essential for keeping your shop’s finances healthy. From setting competitive service prices to tracking expenses and managing payroll, shop owners must keep a close eye on the finances to stay profitable.

Finance 290
article thumbnail

How pricing balance is coming back to used vehicles

Auto Service World

While still high, prices for used vehicles trended downward over the last year. AutoTrader reported that January 2025 prices for used vehicles hit $36,899, down 5.7 Thats in comparison to new vehicle prices coming in at $65,317 that month, a drop of 2.9 Dealers are split on their primary sources of vehicles.

Vehicle 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Are You Considering Automotive Sales Training? Here’s How Dealerships Can Survive Economic Change

Automotive Training Centre

The automotive industry has witnessed unprecedented changes in recent years. From the rise of electric vehicles to the integration of artificial intelligence into vehicles, the landscape is evolving at an unprecedented pace. Creating an exceptional customer experience is essential, as per automotive sales training.

article thumbnail

How To Increase Affordability For Customers After Automotive Sales And Leasing Courses

Automotive Training Centre

In today’s economy, owning a vehicle is no longer a luxury but a necessity. As a dealership or automotive industry professional, understanding these nuances and educating your customers can lead to increased affordability and a smoother sales process. However, interest rates might be higher due to middlemen fees.

article thumbnail

4 Reasons to Consider Automotive Sales Training in 2024

Automotive Training Centre

Is entering the automotive sales industry a good idea? This is a valid question, particularly in the wake of the 2020 pandemic, which has significantly impacted vehicle supply. Our automotive sales diploma program will equip you with key competencies such as nurturing leads, closing sales, getting referrals, and more.

article thumbnail

Uncovering Hidden Costs: How Car Finance Agreements Affect Consumers

Auto Service World

Car ownership has long been a symbol of independence and mobility, but the way people finance their vehicles has evolved significantly. With more consumers opting for car finance agreements to afford their dream cars, issues related to transparency and fair lending practices have become a growing concern.

Finance 130
article thumbnail

Rivian to Receive $6.6B Conditional Loan from US DOE

Tomorrow's Technician

American all-electric automaker Rivian Automotive has received a conditional commitment from the U.S. Department of Energy’s Advanced Technology Vehicle Manufacturing (ATVM) loan program for a loan of up to $6.6 and certain of its subsidiaries. The post Rivian to Receive $6.6B

Finance 130