The Dealer 5 | February 6, 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. | An auto-finance axiom: When the car dies, the loan payments stop. But today, even though loan terms get longer, cars live longer. And lenders sleep better. |
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2. | Dealers sometimes feel they need to justify their existence, like when the “why-do-we-need-dealers?” crowd gets going. But guess who highly values dealerships? The answer may surprise you. |
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. | Register to vote. Then vote in our latest poll. WardsAuto registration comes free and offers you other benefits beyond self-expression. As to that, which automaker do you think won the Super Bowl ad-fest? |
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. | We want our dealerships back! That’s what a village says after two stores closed and stay that way. Visually, it looks bad. Financially, it shorts the public coffers. |
5. | First, he steals a dealership's car. Then he joy rides in it while drunk. "I'll never do it again, that's for sure," he says. OK, so we're cool if he comes back for a demo drive? |
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