Search results

  1. LotPop

    Used car prices are not coming down?

    Don't think used car prices are not coming down? What are you seeing? Here are just a few examples and there are thousands more..
  2. LotPop

    Flat Pricing (on vehicle listing sites) and two very bad pricing strategies

    Pricing cars at $25,000 instead of $24,995 pulls in both the shopper looking $25k and higher and the shopper looking $25k and less. Even a car priced at $22,000 works great, see the last pic of the Ford Edge, that price point works because of the payment shopper. The $22,000 price point is...
  3. LotPop

    Flat Pricing (on vehicle listing sites) and two very bad pricing strategies

    Two very bad pricing strategies below and the second one is worse. By pricing the F-150 at $50,200 you are missing shoppers searching for a "truck" or F-150 for under $50,000 for $200 and on the Edge, that dealer is missing shoppers shopping for an "SUV" or an Edge under $35,000 for JUST $62...
  4. LotPop

    The COVID Used Car Desert is coming.

    there are over 40 million more registered cars in the US from just 9 years ago, in my eyes there is not much of a shortage. We have only lost a few million new car sales to the peak of 17 million and cars are lasting longer, the average vehicle on the road is over 12 years old. Am I missing...
  5. LotPop

    Finding the "Perfect Shopper" (within 30 Days)

    "So my question is two-fold: 1) do we have the data and the tools now to move the majority of our inventory within 30 days; and 2) how much of this comes down to technology versus people and process?" 100% people and process. We work with several inventory management tools and it doesn't matter...
  6. LotPop

    TEST: Shoppers Don't Know Cars... do you?

    @JoePistell I was one of those stragglers
  7. LotPop

    Can used cars with top quality photos be priced higher?

    All things being equal, the dealer with the nicer, cleaner pictures could ask few hundreds more then the dealer taking bad pics or ones by the back dumpster. For this vehicle example above on the Fiat, the pics are both pretty good but bottom one obviously has more info and better detail and...
  8. LotPop

    What is with CarGurus listing page?

    I agree, CarGurus is a great ROI for dealers, I work with dozens of dealers hands on and they are getting great returns, I am just trying ways for them to maximize SRPs and VDPs for this site and was surprised that non paying dealers can bump paying dealers. I get its all about the customer...
  9. LotPop

    What is with CarGurus listing page?

    Paying dealers get bumped in Cargurus filters if they offer a worse deal then the dealers that have their inventory listed there for free. Is that far?
  10. LotPop

    What is with CarGurus listing page?

    here is the conversation we are having with cargurus..
  11. LotPop

    What is with CarGurus listing page?

    Here was another reply from Cargurus about what cars/dealers get filtered out on searches. Do you guys think this is fair? I am going to ask if the dealers that are paying for their services stay in the filtered search even if they are priced higher vs. the dealers that are not paying and are...
  12. LotPop

    What is with CarGurus listing page?

    Here is an answer I got from them, but I wonder what cars/dealers get filtered out when you move from 50-100 miles. Hello Jasen - checked with the engineering team and it turns out we do cap results at 2000. You can narrow your search to a make or body style to see more of a specific kind of...
  13. LotPop

    What is with CarGurus listing page?

    When I do a 50 mile radius search for any used car from my zip, Cargurus will show 1999 used cars listed (at time of posting)...
  14. LotPop

    Automotive Digital Retailing - Who offers a full solution for dealerships?

    Yeah the funny thing on this is that it is a GM store...#sarcasmfontneeded
  15. LotPop

    Automotive Digital Retailing - Who offers a full solution for dealerships?

    Software solution, something they can do on their site, have a buy it now button that will link them to do everything they need to do to purchase
  16. LotPop

    Automotive Digital Retailing - Who offers a full solution for dealerships?

    Yes, I too would like to know what companies out there provide a buy it now service for customers to buy cars online?
  17. LotPop

    The Surprising Reason Your Used Cars Get Stuck (OSV)

    I think relying on KBB review score could hurt a car and cause it to age though
  18. LotPop

    The Surprising Reason Your Used Cars Get Stuck (OSV)

    I have seen over the years, the dealerships that do a great job at turning their inventory (less then 15% of inventory aged), the cars that end up aging on their lot are cars that have a bad Interest score "C" or less regardless of their Demand score. If I was a betting man, I would throw money...
  19. LotPop

    Cars.com BIG DROP since new design?

    When it comes to Cars.com drop off in leads a big chunk of that is coming from a drop off in map views like the charts show below, but that does not change the drop off in VDPs and VDP%. Cars.com traffic is good and up for Jan, Feb and March for most stores I am looking at so some stores have a...
  20. LotPop

    Cars.com BIG DROP since new design?

    Yes @JoePistell and maybe since Autotraders lawsuit on their stats maybe cars.com are cleaning theirs up??? I am not accusing (because I am hoping neither company was doing) but definitely something that all providers need to make sure are accurate especially if that is one of the main sources...