Solera

AUGUST 8, 2023

Industry Trends in 2023 While the used car boom that sent prices sky high may be winding down, there is still a large demand for quality used vehicles. Provide excellent customer service: This includes your parts and service departments if you have them. The more choices your customer has, the better.

Car Dealership 130

Car Dealership Car Finance Customer Service 130

Auto Remarketing

NOVEMBER 17, 2023

Car dealerships can capitalize on this trend by emphasizing the quality and reliability of their certified pre-owned vehicles. This not only attracts budget-conscious buyers but also allows dealers to profit from higher margins on used cars. therefore getting them cheaper.

Car Dealership 105

Car Dealership Customer Service Finance Management 105

AutoSuccess

SEPTEMBER 3, 2024

During the coronavirus pandemic, inventory was historically low, customers frequently paid above MSRP and financed cars at higher interest rates and for longer periods of time. This in turn has resulted in a surplus of new cars sitting on lots. Shifting to a technology-driven PDI process involves several key steps.

Car 93

Car Software Finance Management 93

Auto Remarketing

NOVEMBER 2, 2023

Auto dealerships are also embracing new AI tools for enhancing customer service and reshaping how they price their vehicles. Paired with AI data analysis that tracks broader real-time market trends and identifies customer preferences and requirements, used car dealerships can provide buyers with flexible real-time pricing.

Car Dealership 52

Car Dealership Used Cars Finance Auto Market 52