Only Accept Certified Check or Floor Plan at Your Auction
Certified Checks or Floor Plan only. SOLUTION TO AUCTION PITFALL #2 (Bad Checks) At first, it is critical to establish your auction rules. We recommend when you write those rules to let wholesalers know that [...]
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 [...]
INFOGRAPHIC: How to Build the Perfect Condition Report for Your Auto Auction
How sotware and App's have impoved the automotive condition report CR for the good Click to Enlarge
#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 [...]
Auction Simplified: Wholesale Auto Buyers a Mobile-Savvy Group
Smart Phones: The Tool of Choice for Used Car Wholesale Managers AuctionSimplified.com reciently concluded a two-month study on wholesale buyers, determining whether or not they are using smart phones or desktops to browse their sites. They found [...]
Why Are So Many Dealers Holding Their Own Auto Auctions? Video
It has been said that, more than 10% of dealers are holding some sort of private wholesale auction, from pen and paper bid sales to full dealer lane sale auctions. Why? To make more money. [...]
Profitable Digital Marketing for Wholesale Cars
By Kevin Leigh, www.digitaldealer.com View Original As modern dealers, we have become digital marketing professionals. We have beautiful retail websites, focused on the buyer’s experience. Most have a digital marketing department or at the very least a person [...]
Tax Season: Early Start, A Big Deal For Used Car Dealers
Winter... the new spring market The spring market can represent as much as 50% of an independent used car dealer's business for the year. Why? Because it's the time that consumers receive tax returns which help [...]