The Dealer 5 | January 21, 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. | FDR said of some political friends: "They may be SOBs, but they're our SOBs." So, it may be a dealership worksheet, but it's your dealership worksheet. Here's a 6-step plan to make it work for you. |
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2. | Cheap oil means lots of things. Among them: what vehicles to highlight on the dealership lot. "I need to be smarter than ever," says a dealer. |
ADVERTISEMENT 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. | |
3. | Soon Audi salespeople may ask the likes of: “What size virtual-reality headset do you wear?” Welcome to the buying experience of the future. |
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. | In the 2015 auto industry olympics, expect broken records in some events. Like vehicle leasing. And the contact sport of automaker incentive spending. Here's a scorecard. |
5. | Honda weighs in on the wisdom of long-term auto loans. They're "stupid,"says the automaker's U.S. chief, a hard marker. |
To see all the day's dealer news and information, go to WardsAuto.com/Dealers.
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