Hey there. Welcome to the WardsAuto Dealer 5 for Wednesday, Dec. 29. We've put together items from WardsAuto.com and across the Internet. So let's go:
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You drive. We’ll navigate With direct access to dedicated underwriter and Account Executive teams, customized F&I solutions and training courses, Ally provides the resources you need to help your dealership succeed.
Light-vehicle sales will increase by a modest 4.8% in 2021 to 15.3 million units, a level that is 1.3 million below what current economic conditions would support.
In this profitable year, ProfitTime® dealers are doing EVEN BETTER. While the average dealer is making $2,800 per used vehicle sold, ProfitTime dealers are doing EVEN BETTER. vAuto data from April to August 2021 shows that dealers highly aligned with ProfitTime’s recommendations are beating the average by 10%. Visit vAuto.com/Even-Better to see how ProfitTime can help you do EVEN BETTER.
“Sellers are laser-focused on closing before the end of the year” because the potential tax changes could greatly increase the tax bill for selling dealers, says Erin Kerrigan, co-founder of Kerrigan Advisors, Irvine, CA.
Have Them Coming to You You can’t afford to wait around for the right vehicles. Despite record-low inventory levels, you can still attract transaction-ready shoppers with Kelley Blue Book® Instant Cash Offer. Provide a trusted redeemable offer to customers who are ready to sell or trade in their vehicles, and acquire the inventory you need.
To become employers of choice, automotive companies have to create a compelling employee experience by providing meaningful work as well as opportunities for employees to meet broader self-actualization needs.
Since 2019 the military training program has graduated 106 rookie BMW technicians nationwide. Dealerships need about 76,000 new technicians annually due to retirements and job departures, but only about 39,000 service techs graduate from tech schools.
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