States permitting electronic signatures on title applications, some other documents
To mitigate risk of the public spreading COVID-19 while conducting routine business, state governments have lifted some restrictions on which documents now permit…
Category: TDS Insider
White House and Centers for Disease Control Guidelines for opening businesses during COVID-19
3 Phases to safely open up businesses in America, according to the White House and Centers for Disease Control and Prevention. The White…
Advertising that works: Tips to better market your dealership
Review your operational budget for the year and determine what you can spend on advertising. NIADA recommends $250 for each car sold in…
How are used car dealers handling COVID-19? Apparently, pretty well
National Independent Automobile Dealers Association survey finds independent car dealers are retaining employees at a high rate. Fast facts: Seventy-two percent of the respondents are…
Strategies used by buy-here, pay-here dealers to collect during COVID-19
For Buy-Here, Pay-Here car dealerships, sales isn’t everything. Collecting is the dealer’s No. 1 priority. Perhaps it’s what’s keeping you going through the…
What’s F&I’s role in educating customers during COVID-19?
F&I can also be a great benefit to the contact-less transaction at the completion of the deal and when the consumer then takes…
AutoNation CEO discusses COVID-19’s impact on industry
Auto dealers across the country are investing to build out the digital sides of their businesses, CNBC reports. Business owners are working to…
How has COVID-19 affected the auction market for wholesale vehicles?
J.D. Power reported there were fewer than 15,000 units sold in the entire U.S. wholesale auto auction system in the first week of…
Credit reporting in disaster scenarios
Jenn Reid, Equifax’s VP of Automotive Marketing and Strategy, said in the NIADA’s May issue of Used Car Dealer magazine that the credit…