The Dealer 5 | May 8, 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 dealer takes trade-ins. But WardsAuto IdeaXchange contributor Adam Armbruster tells how stores can stand out by touting their trade-in business so shoppers beeline to them first. |
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2. | Dealers bridle at the Consumer Financial Protection Bureau's opposition to dealerships adding points to loan rates. But a survey says 80% of dealers think the regulator will prevail there. |
ADVERTISEMENT Three Ways Your Dealership Can Attract Millennial Car Shoppers. Young people aren’t driving differently. They’re shopping differently. And that’s a good thing. | |
3. | Toyota has selected dealers to sell the upcoming Mirai car. Picks are based on certain things. Among them: proximity to hydrogen refueling stations. Not one of those on every corner. |
ADVERTISEMENT New Rule #42 : Close every customer. When your digital marketing actively finds and attracts your most profitable customers, there’s no reason why you shouldn’t close every one. CDK Global’s Audience Management solution helps you sell more of what you want, how you want. Because it’s your business; rule it. | |
4. | A Texas dealership is offering free guns to car buyers. They can pick rifles or handguns. If they don’t want either of those, they can opt for cattle feed. |
ADVERTISEMENT How did Ally Auto become the industry’s leading independent finance company? By being driven by what we love. We pour our heart into every relationship we create. Because that’s what it takes to help dealers succeed.Learn more at ally.com/driven. | |
5. | A 90-year-old woman got buyer’s remorse after trading in her old car. She wanted it back. A beleaguered dealer complied, but first he had retrieve it from an auction. Good work, sonny. |
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