Today’s consumers are dazzled by all of the new technological advances in the automotive industry. With new alternative fuel capabilities, automated driving features and other advanced technologies available, it’s no surprise that consumers are itching to try out the latest and greatest “toys” on the market. While new vehicle sales may be the focus of […]
Tag: Vehicle Service Contracts
Avoiding Financial Potholes: How to Keep Your Dealership’s Revenue from Deflating This Spring
We’ve made it through the harsh winter, and the sweltering heat of summer has yet to arrive. While it’s true that vehicle service spending decreases during times of milder weather, that doesn’t mean your dealership should write off springtime as a dead-end for profits in the service department. Spring, colloquially known as “pothole season” in […]
One Simple Way F&I Managers Can Be Successful Without Lifting a Finger
Undoubtedly, F&I managers are essential to the success of the dealership. While their primary task is to get deals financed, they must also diligently work to maximize profitability and ensure all of the practices are in compliance. In the midst of offering all of these services, they must also make sure their customers are happy. […]
Installment Payment Plans: A Quick Way to Boost your Dealership’s Bottom Line
There are several ways to increase your auto dealership’s bottom line—although some solutions are easier and faster to implement than others that may require excess time, additional resources and extensive up-front costs. Consider one of the quickest and most viable ways to boost your dealership’s bottom line: selling more vehicle service contracts by offering IPPs […]