used car sales

  1. jenniferexclusive

    Small used car dealership marketing tips

    Ive been put in charge of marketing for our used car lot. We have about 50 units, 30 are retail ready. Ive posted all of our inventory on marketplace, I make tiktoks, and I make FB posts pretty regularly but nothing is really taking off. This month has been so slow, and thats just how the market...
  2. Alice Coleman

    What's Your Inventory Strategy?

    Wondering about your inventory game plan. How do you approach choosing the right vehicles? Please share below.
  3. irina_n

    Finance source for smaller dealers

    Hello Everyone, My name is Irina. I opened a used car dealership about 4 years ago in SoCal. We try to specialize in modified cars. We also have regular cars in stock (no salvage). About 20 - 25 cars on the lot. Business is doing great but we've always struggled when customers wanted to finance...
  4. Ted Gaines

    The Used Car Roller Coaster - Hold On!

    - Used vehicle pricing is declining from its record levels - Focus to maximize margin contributions - Everyone in the operation contributes - Measure, support, and recognize contributors - Reconditioning can be the biggest profit lever It’s been a roller coaster ride for the past many months...
  5. ryan.gerardi

    How much of the used car market remains for Traditional Auctions?

    By some estimates, there has been up to if not more than a 40% drop over the last 10 years in the volume of used cars that pass through traditional (physical) auctions. This of course is because auctions have moved online. It's just more efficient to go online and target the cars you want and...
  6. M

    CarGurus and selective rule enforcement

    Like any UCM, I am always trying to get my cars out there, and make the best impression on as many sites as possible. Lately I've been getting killed by CarGurus and I've found out why. All of my cars have been pushed into "High Price" or "Over Priced" category because larger stores in the...
  7. ryan.gerardi

    DR Webinar Disposition: Beginning with the End in Mind - JAN 17

    In the used car business, having a defined strategy for disposition at the time of purchase reduces confusion, increases efficiency, and makes your pricing strategies more effective. Disposition also keeps avenues outside of standard retail at the forefront of your mind. Knowing at the time of...
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