Dealers ship their cars off to auction only to find that 50% go unsold. We even have a special name for this; it's called a “No Sale” or NS for short. So what’s next for that "No Sale" car? Run it again? Ship it off to another auction at additional expense? Wait until tax season and [...]
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 have come in the past few years. For example, many reported inventory turn rates exceeding franchise dealers and over 52% run [...]
Over the last decade, many of the mega auto auction houses have negotiated deals with the larger automotive groups. Depending on the number of wholesale cars the dealer group brings to auction, the deal can include a combination of the following. They may provide a special lane just for their wholesale cars They may provide lowered [...]
Dealers have to expand their horizon to find the "right" cars to feed their inventories. This means visiting a greater number of auctions and reviewing a larger number of vehicles to find the cars that fit their local market. Because of the finite number of hours in a day and the distance between physical auctions, many [...]
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 in auction sales with its Auction Simplified platform in August. Dealer Simplified’s cofounder Dave Kaiser made the announcement. Founded in Buffalo, [...]
The Pennsylvania Department of Transportation (PENNDOT) and the Maryland Motor Vehicle Administration (MVA) will now allow cross-border title work using their new online service. "This is welcome News for PA Dealers because it will speed up our title work with Maryland Customers" Known as the "Online agent-dealer program", it allows PA dealers electronically title in register [...]
