The Dealer’s Dilemma: Insource with staff or Outsource with 3rd parties?
Insourcing vs. outsourcing is one of the primary questions talented owner operators face. On the one hand, you know that doing things in-house could lead to innovation and uniqueness in your marketplace, on the [...]
An Area of Concern for Franchise Dealers
“But then I asked “How much is it per car?” And nobody knew the answer.” Franchise automotive dealers pay hundreds of thousands of dollars per year in auction fees and to our surprise, we [...]
An Inspection Day is Needed for Dealer Auction Success?
Not Every Wholesaler Will Bid Exclusively Online "78% say they want to see and drive the car, BEFORE they bid." 96% say they would bid at the car from a smart phone app if they [...]
INFO-GRAPHIC: Auction Photos, Focus on the flaws.
Auto wholesalers are very different from retail buyers. All they want are the basics of the car and photos of the flaws and a well thought out condition report. So merchandising for wholesale can be quite [...]
#1 Problem Facing Independent Dealers Today = Finding Cars
DealerSocket surveyed over 2,000 car dealers asking questions like, “What are your goals?” and “What is the number one problem you face?” The interesting thing that came out of the study, is just how far Indy’s [...]
Company achieves important growth milestone and announces accelerated traction with wholesale buyers
BUFFALO, N.Y. - Sept. 3, 2015 - PRLog -- Dealer Simplified LLC, a Buffalo-based provider of a vehicle bid sale auctioning system for automotive dealers, announced today the company has posted its first million-dollar month [...]
Don’t Lower Profits By Adding Accessories
Adding accessories to an already distressed or aged car can actually backfire on the dealer. In my opinion the return is only equal to the value of the added item and in most cases lowers [...]
Is CarFax’s Used Car Value Better Than MMR?
I recommend that you take a look at CarFax’s history based value it is a beta product from Carfax and in my opinion a great tool to have in your appraisal arsenal. We had the [...]