Inventory
While I have never seen the movie “Dude, Where’s My Car?” it is the appropriate title to emphasize why it’s important to conduct physical inventories of your vehicles on a regular cycle. Once a year is simply not enough. I’ve worked with stores that have a really good process in place so that someone
Each year, DealerStrong releases their Special Finance Benchmark Report. This report services as a great comparison tool to help dealers identify areas where they could be adding more profit to their bottom line through their Special Finance operations. These metrics are derived from over 300,000 dealership transactions and include both franchise and independent operations. Benchmarks
Every year at this time, inventory starts to balloon because of overzealous buying practices during the tax season. Dealers should manage auto inventory on a daily basis and those that take their eye off the ball, tend to have aging issues at some point of the selling season. What steps do you take to make
At the upcoming Dealer Summit in Tampa, FL (May 3-5, 2016), the DealerStrong leadership team will be presenting on a variety of topics representing their expertise in Special Finance (SF), Human Resources, Business Development Centers and more. The following is a listing of their Dealer Summit sessions: Greg Goebel, President & CEO Keynote Speaker – State of the
Selling and Financing Previously Canadian Titled Vehicles A warning on selling and financing previously Canadian titled vehicles. The United States and Canada have been fast friends for years. Travel between the countries has been simple and easy to the point that many people cross the border daily for their work. Auto dealers living near the
