Remove Retail Remove Software Remove Used Cars
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Where used-car sales are headed this year & the best sellers from 2023

Auto Remarketing

Used-vehicle sales are expected to increase just under 1% this year, according to a forecast from Cox Automotive, with overall used volume expected to climb from 35.9 million and retail used sales (those involving a dealer) projected to climb from 19.0 Software, marketing, and data firm ZeroSum also. million to 19.2

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Mastering Used Car Acquisition: Lead Generation Basics 

AutoSuccess

Private-party vehicle acquisition is one of the most talked-about trends in retail automotive. When using a private-party management software, dealers see up to an 84% reduction in acquisition costs and two to three times total purchases per month. Dealers have been leveraging AI and automation to scale outbound.

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New Book from Rapid Recon’s McGinn Charts Course for Easing GMs’ Burden

AutoSuccess

The latest book from Rapid Recon founder Dennis McGinn, “ASPIRE to Predictable,” outlines ways the dealership reconditioning software company brings predictability to a general manager’s day. This problem has been – and continues to be — a challenge for used car profitability, particularly regarding mechanical repairs.

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FrogData Unveils Major AI Factory Upgrade

AutoSuccess

This enhancement introduces new solutions focused on Used Car Pricing, Service Management, and New Car Sales Negotiation, further empowering dealerships to optimize their operations and profitability. “Our upgraded AI Factory is not just a technological advancement.

Retail 52
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The Good Fight Against a Rising Tide

AutoSuccess

If you want to manage inventory holding costs and bolster your earnings per share, consider how your used car reconditioning operates. Cars get sale-ready within three to five days of acquisition. Those who use the scoreboard as a monthly progress metric have more consistent three-to-five-day time-to-line.

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New Benchmark Data Suite Using KPIs for Dealer Decision Making

AutoSuccess

The software suite includes a user-friendly dashboard that offers analysis and reporting across key dealership areas including digital marketing, inventory retailing, lead handling, sales performance and finance performance.

Finance 52
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Rapid Recon, Velocity Automotive Close the Trade Appraisal Gap

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This profit per vehicle strategy couldn’t have come at a better time,” said Jared Ricart, president of the Ricart Automotive Group, whose used car operation sells 600 to 800 used cars monthly. Increase profits from parts, customer-pay services, and used cars. Eliminate chargebacks to sales.