Dealer News Stories

31
July
2025

Do More than "Check the Box"

Do More than

Compliance training shouldn't be just a "check the box" exercise; it is crucial for equipping employees to protect the business and drive its success. Discover why a more robust approach to training can make a significant difference in your dealership's operations and culture.

Categories: Dealer News Stories

08
July
2025

Navigating BHPH Risks and Inventory Challenges for Retail Dealers

Navigating BHPH Risks and Inventory Challenges for Retail Dealers

Independent auto dealers face rising vehicle costs, thefts, and delinquency rates. Embracing innovative technology for lot management, risk detection, and customer retention is essential for maximizing profits and staying competitive in today's challenging market.

Categories: Dealer News Stories

08
July
2025

Key Insights and Action Steps Following the Vacating of the CARS Rule

Key Insights and Action Steps Following the Vacating of the CARS Rule

The 5th Circuit Court vacated the CARS Rule due to procedural issues with the FTC, not on overregulation grounds. This could lead to its revival under a future administration, emphasizing the need for vigilance in the automotive industry.

Categories: Dealer News Stories

08
July
2025

The Importance and Benefits of a GPS Device with Accident Notification (Crash Sensor)

The Importance and Benefits of a GPS Device with Accident Notification (Crash Sensor)

Discover how a GPS with accident alerts helps subprime lenders track vehicles, respond quickly to accidents, and manage risks. It's all about protecting investments while keeping borrower relationships strong and vibrant!

Categories: Dealer News Stories

08
July
2025

Why Create In-House Financing

Why Create In-House Financing

Unlock new revenue streams by embracing Buy Here, Pay Here (BHPH) or Lease Here, Pay Here (LHPH) operations. Capitalize on bad credit customers, improve cash flow, and create a valuable portfolio, all while enhancing your dealership's overall profitability and growth potential.

Categories: Dealer News Stories

08
July
2025

Why Rising Student Loan Defaults Are a Boost for Buy Here Pay Here Dealerships

Why Rising Student Loan Defaults Are a Boost for Buy Here Pay Here Dealerships

With credit scores plummeting, savvy BHPH dealerships can shine! As more people face loan denials, it's time to embrace the opportunity: offer understanding, flexible financing, and help those in need get back on the road.

Categories: Dealer News Stories

08
July
2025

Finding the Intersection: Relationship and Transactional Excellence in Automotive Retail

Finding the Intersection: Relationship and Transactional Excellence in Automotive Retail

Success in the automotive industry lies at the intersection of relationships and transactions. By nurturing connections and streamlining processes, dealerships can turn satisfied customers into loyal advocates. Build it with excellence, and they will come!

Categories: Dealer News Stories

30
May
2025

Keeping Your Engine Running: The Importance of Self-Management for Automotive Leaders

Keeping Your Engine Running: The Importance of Self-Management for Automotive Leaders

In the fast-paced automotive industry, juggling management and personal well-being can feel overwhelming. Discover how prioritizing self-care and setting boundaries can lead to a more successful and fulfilling life both at work and home.

Categories: Dealer News Stories

30
May
2025

Pennsylvania's General Assembly Faces a Crucial Budget Season

Pennsylvania's General Assembly Faces a Crucial Budget Season

New legislation seeks to streamline the management of abandoned vehicles at auctions, impacting dealers and storage fees significantly.

Categories: Dealer News Stories

30
May
2025

Think You Are Too “Small” For Trouble? Think Again!

Think You Are Too “Small” For Trouble? Think Again!

Many small dealers mistakenly believe they can fly under the compliance radar, but recent cases prove that no business is too small for scrutiny. Ignoring regulations can lead to costly consequences, as evidenced by dealers facing fines and investigations despite minimal operations.

Categories: Dealer News Stories

30
May
2025

Unlocking Growth: The Benefits of NIADA’s 20 Group Program

Unlocking Growth: The Benefits of NIADA’s 20 Group Program

Elevate your dealership with NIADA’s 20 group program. Join a community of dealers focused on improving their businesses and staying competitive.

Categories: Dealer News Stories

30
May
2025

AI Texting: Common Mistakes to Avoid If You Want to Sell More Cars

AI Texting: Common Mistakes to Avoid If You Want to Sell More Cars

Unlock the potential of your sales team by integrating AI into your CRM, but remember, it should enhance human touch, not replace it. Discover how to balance automated communication with personal engagement to truly connect with your customers and drive sales.

Categories: Dealer News Stories

30
April
2025

Collections - The Gorilla in the Room

Collections - The Gorilla in the Room

Transform your collections process! Implement proven strategies to reduce delinquency rates and empower your team. Don't let fear hold you back—unlock your potential for success today!

Categories: Dealer News Stories

30
April
2025

How First Impressions Can Impact Your Company’s Value

How First Impressions Can Impact Your Company’s Value

Some industries are inherently perceived as more valuable than others, and if your business is placed in a less favorable category, it can be challenging to change that perception.

Categories: Dealer News Stories

30
April
2025

Revolutionize Your Dealership with Cartuul

Revolutionize Your Dealership with Cartuul

Running a successful car dealership means staying on top of countless moving parts, vehicles in reconditioning, tracking keys and dealer tags, and ensuring that every task is completed on time. Managing all this can feel overwhelming, but Cartuul is here to change that.

Categories: Dealer News Stories

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