Auto Remarketing
JANUARY 3, 2024
million-unit deficit in the number of 1- to 3-year-old vehicles expected to re-enter the pre-owned car market in the near future, leading to a “sparse and expensive” picture for dealers’ used-car inventories, Cars Commerce says in its 2024 Automotive Trends report released Wednesday. There is roughly a 10.2
AutoSuccess
MARCH 11, 2025
Dealers can track what consumers think of their business if they utilize Cars.com’s Experience Report. Brands With the Best Experience While individual dealerships play a crucial role in shaping the car-buying experience, a brand’s overall reputation also influences consumer trust and loyalty.
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AutoSuccess
FEBRUARY 19, 2024
By utilizing AI models trained specifically for automotive retail challenges, FrogData is setting a new standard in how dealerships leverage technology for business growth, the company said. Enhancing Customer Relationships: Utilizing predictive analytics to personalize marketing efforts and improve customer engagement.
AutoSuccess
JANUARY 14, 2025
By securing a VSC post-sale, dealers can lock in this relationship, encouraging repeat business for future car purchases. Additionally, a well-maintained car with a solid service record becomes a valuable trade-in option, presenting an opportunity to enhance the dealerships used car inventory with well-cared-for vehicles.
AutoSuccess
MARCH 15, 2024
This stands in sharp contrast to dealers who often face the challenge of uncertainties in used car acquisitions due to a lack of comprehensive data. There’s a significant technological gap between the resources available to stock investors and those used by dealers.
Auto Remarketing
FEBRUARY 26, 2025
The used vehicle market also saw growth in hybrid and EV sales. Hybrid sales rose by 8% quarter-over-quarter, while used EVs maintained steady growth. Despite these gains, ICE vehicles still constitute the majority of used car sales, reflecting a more gradual shift in the transition to electrification.
Auto Remarketing
SEPTEMBER 27, 2024
While part of this influx is due to the arrival of 2025 models, buyers are approaching the market with more caution and are considering used cars as opposed to new. Dealers should consider how they advertise specific vehicles to consider all the factors that impact the car buying process, such as consumer behavior and market demand.
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