Car dealer’s guide to the Truth in Lending Act
The Federal Truth in Lending Act regulates credit and leasing practices for car dealerships, according to the Federal Trade Commission. The FTC represents…
Category: News
How can car dealers and brokers benefit from Dealer Management Software?
Dealer Management Software, or DMS for short, can streamline your dealership’s day-to-day. DMS can make the sales process faster, keep track of your…
Wholesale prices for cars increased in 2020
Data from the nation’s leading provider of end-to-end wholesale vehicle solutions shows wholesale prices for cars increased over the past year. Specifically, the…
Flooded cars on roads increased in 2020. Where does your state rank?
Car dealers should be wary of vehicles with a history of significant damage, such as flooded cars. That may be more important than…
A car sales pitch to close customers with different personalities
Every car buyer is different. Car dealers with years of experience know this and tailor their car sales pitch to match the different…
Search Engine Marketing for car dealers: Is it important?
How do you explain to today’s car dealer search engine marketing is important? Chances are if a consumer is shopping for a car,…
Data shows southern states have some of the highest rates of recall parts still on the road
New data suggests an increase in the percentages of recall parts in vehicles that are on the roads. A press release from CARFAX…
Dealer fines: Georgia Board of Used Motor Vehicle dealers tallied $13,750 in fines in July 2020
The September 2020 Used Motor Vehicle Dealer Board meeting minutes show that 13 routine inspections totaled to more than $13,000 in fines in…
Are car sales up or down this month? A new stat can help you tell
Have you every stopped to wonder, “Are car sales up or down this month? Am I an outlier, or is my experience reflective…