The Dealer 5 | February 6, 2015

Dealer news and information from WardsAuto and around the web.

Steve Finlay, Contributing Editor

February 6, 2015

3 Min Read
The Dealer 5 | February 6, 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.

  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.

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.

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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.

Learn how to build a new profit center with AddOnAuto

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?    

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F & I Resource Center sponsored by Ally Auto.  Valuable content to help you boost profits in this all-important division of your business.

Visit the Resource Center.

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

 

Read more about:

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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