The Dealer 5 | August 10, 2015

Dealer news and information from WardsAuto and around the web.

Steve Finlay, Contributing Editor

August 10, 2015

3 Min Read
The Dealer 5 | August 10, 2015

Welcome to The WardsAuto Dealer 5 - we've put together important items from WardsAuto.com and across the Internet. So let's go:

1.

Dealers carry clout with customers, a study says. More than three out of five new-car buyers cite their dealership experience as strongly affecting purchase decisions.

2.

Dealers can avoid unpleasantness if, say, an F&I product provider goes broke. Here's how.

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"i recently switched all 7 of my stores to Reynolds. Many people base their decision on price, but I did my own needs analysis focused on the product and the retail process and Reynolds and Reynolds blew the competition away.”

-Joe Laham, President of Premier Companies

See why Joe switched.

3.

Dealers say they’d pay a premium for high-quality lending services, according to a new survey. It indicates certain things are more important than rock-bottom prices.

4.

Jim Ziegler is not trying to ruin the party, but he poses sobering questions about the prospects of future auto sales. Like, what if Millennials stopped buying cars because it’s easier and cheaper to use Uber?

5.

Would people rent their cars? They may have no choice. The growth in megacities and potential restrictions on automobile access could force consumers into car sharing.

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To see all the day's dealer news and information, go to WardsAuto.com/Dealers.  

 

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2015

About the Author

Steve Finlay

Contributing Editor

Steve Finlay is a former longtime editor for WardsAuto. He writes about a range of topics including automotive dealers and issues that impact their business.

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