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One in Four Car Dealers Believe Used Margins Have Improved Despite Higher Wholesale Prices
- November 8, 2018
- Posted by: Celine Evans
- Category: Automotive Industry, News
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With high levels of demand for used cars introducing more competition amongst dealers and wholesale price rises, there have been concerns about this having a negative on profit margins. However, recent data from Next Gear Capital and Cox Automotive suggests that this is not the case. NextGear Capital’s Report In their latest sentiment survey, NextGear
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Used Car Values Gave Strong Performance in October
- November 2, 2018
- Posted by: Celine Evans
- Category: Automotive Industry, News
Automakers are battling to boost new car sales volumes; however, the used car market is still overshadowing the new. During October 2018, used car values gave a strong performance, which has given independent car dealers confidence for the remaining two months. For many years, used car values have dropped by around 1.6 per cent nearer
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How Dealers Can Improve the Digital Car Buying Experience
- November 1, 2018
- Posted by: Kari Jones
- Category: Automotive Industry, Tips For Dealers
Customer expectations are growing, and digital automotive landscapes are evolving to keep up with them, but car dealers themselves are generally slow to adopt new technologies, which impedes the development of modern, more efficient vehicle purchase processes. Failure to integrate digital methods within the business is costing dealerships money. Enquiries are being neglected, pushing customers
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Making Tax Digital for VAT: Is Your Dealership Ready?
- October 31, 2018
- Posted by: Jamie Baker
- Category: Automotive Industry, Products, Tips For Dealers
With increased digitisation changing how customers buy products forever, dealerships are having to adapt the ways in which they operate. In fact, being a dealer is no longer a simple affair at all, especially when faced with an array of different systems, spreadsheets and even the odd post it note, just to get through the
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Forecast: Growth for Used Cars in Q1 2019!
- October 25, 2018
- Posted by: Shahinur Miah
- Category: Automotive Industry, News
Good news for used car dealers as an insight report from Cox Automotive and Grant Thornton on the UK market has predicted a 2.5% growth in Britain’s used car sector for Q1 of next year, with around 2.08m vehicles finding buyers. The report also anticipated a slight Q4 fallback of – 0.5% for 2018, which was due to the
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Used Car Prices on the Rise?
- October 24, 2018
- Posted by: Shahinur Miah
- Category: Automotive Industry, News
According to Auto Trader’s retail price index, there has been a 5% increase from September 2017 in the average value of used cars bringing this to £12,853 for 2018. From 2011 to now, used car values have risen a massive 42% from £8,997 to £12,731. Over this same period the average new car value has
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Used Car Market Boasts Strong Sales for September!
- October 22, 2018
- Posted by: Shahinur Miah
- Category: Automotive Industry, News
A new survey by lead management business specialist enquiryMAX has found UK dealers enjoyed a good September for used car sales, which have increased year on year by 11%. Decrease in Average Used Car Price The data also displays that the average used car price has dropped 8% from £22,159 in 2017 to £20,396 for
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Click Dealer Wins F&I Digital Award!
- October 19, 2018
- Posted by: Kari Jones
- Category: Automotive Industry, News
Last night at the annual F&I Conference and Awards, Click Dealer claimed the F&I Digital Award for our online vehicle retailing product, ClickEngage™! BBC Breakfast’s Louise Minchin, who was the host of the ceremony presented Click Dealer Directors Gerry and Ollie Moxham with the prestigious award. The F&I Digital Award was sponsored by Find and
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Click Dealer Hoping for Success at Tonight’s F&I Conference and Awards
- October 18, 2018
- Posted by: Kari Jones
- Category: Automotive Industry, Competitions, News
Tonight, Click Dealer will be attending the eighth annual F&I Conference and Awards in the hopes of taking home an award or two! This year, the event will be held at New Dock Hall in Leeds, hosted by Journalist, Broadcaster and TV Presenter, Louise Minchin, with speeches from Robin Sieger, Gyles Brandreth and a number of industry experts. The F&I Conference and Awards recognise
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Has the Traditional Part-Exchange Process Become Outdated?
- October 17, 2018
- Posted by: Kari Jones
- Category: Automotive Industry, Products, Tips For Dealers
Recent research into consumer attitudes conducted by Motors.co.uk reveals that people dislike the administration, negotiation and part-exchange processes involved in purchasing a car. 1,000 consumers participated in the survey, which aimed to find out their favourite and least favourite experiences in car dealerships. 67% of respondents reported that they enjoyed the experience of viewing cars