The Dealer 5 | January 2, 2015

2.

 Look out when private equity eyes dealerships.Our industry expert Phil Villegas tells why that's not ideal.

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The auto accessories industry is $40 billion and dealers represent less than 5%.    Could accessories be the new profit center for dealerships? It is one new frontier that may hold the most profit potential dealers have seen since adding the F&I department 40 years ago.

Read the whitepaper.

3.

They say a car is worth less the minute a customer drives it off the lot. But does anyone U-turn back to the dealership to trade in a newly bought car? Ah, no. That said, here are NADA’s best and worst vehicles for retaining value.

4.

 The learned lesson here is don't assume buyers will notice when they take delivery of the wrong car. What’s a dealership to do when that happens?

5.

Morton Salt’s slogan is “When it rains, it pours.” But it was an avalanche of salt that buried cars at a dealership next to a Morton storage facility. Seasoned greetings.Ouch.