The Dealer 5 | February 4, 2015
Dealer news and information from WardsAuto and around the web.
Welcome to The WardsAuto Dealer 5 - we've put together important items from WardsAuto.com and across the Internet.
So let's go:
1. | Every used car begins as a new car. That’s one reason the new- and used-car markets are tied to each other. Both are thriving these days in what's called "the automotive ecosystem." |
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2. | "If you do go to a dealership, make sure your phone is fully charged." That advice comes from a modern-day consumer. How car buying has changed. |
ADVERTISEMENT The auto accessories industry is $40 billion and dealers represent less than 5%. The enigma of auto accessories has puzzled dealers. Some have cracked the code with AddOnAuto and are averaging an additional $475 a copy in accessories. | |
3. | Just two cars made it to an auto show’s preview hype-a-thon. Snowy roads caused 13 no-shows. Still, a dealer group sponsoring the upcoming main event is trying to whip up a storm of enthusiasm. |
ADVERTISEMENT F & I Resource Center sponsored by Ally Auto. Valuable content to help you boost profits in this all-important division of your business. | |
4. | Biweekly car-loan payment plans drew negative attention last year. NADA warned about the possibility of exaggerated savings claims. But an advocate of the alternative system tells how it works. |
5. | Presidents Day weekend is synonymous with dealership sales and specials. . Ever wonder why? Credit goes to a dealer turned state governor. |
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