A new partnership adds Turn Automotive’s AI-powered appraisal and condition reports to DealNow’s dealer-facing private inventory acquisition platform. +
The latest Presidio-NCM benchmark report finds average F&I income is within $3 of gross profit per new vehicle retailed, which declined for the fifth straight quarter. +
Experts say a near-$4,000 gap between first and last list price proves dealers should treat unsold new vehicles less like products and more like investments. +
Most dealers wait until a vehicle is 45 days old to act. LotLinx’s Len Short believes the real warning sign arrives much earlier — when shopper attention drops off. +
The DCWP says CarGurus has deceived consumers by hiding hundreds or thousands of dollars in mandatory fees, down payments and trade-in requirements. +
inride announced the launch of Trade Agent Acquire and the initiation of beta testing on new agents built to seek trades from F&I and service customers. +
Wholesale values fell sharply in the third quarter, forcing Cox Automotive to dramatically revise its year-end forecast from a 2% gain to just 0.2%. +
Going from 20 private party acquisitions per month to 100 doesn’t require five times the budget. Sourcing expert Brad Parker shares a four-part reality check. +
Acquire Agent was built to engage customers and move the conversation toward scheduling an appointment before they can shop their offer to competing dealerships. +
Edmunds reports new vehicle financing set five new records, including an average amount financed of $44,664 and a $787 monthly payment. +
