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Slow September Hits Supply
- November 1, 2019
- Posted by: John Swift
- Category: Automotive Industry
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Prices have stabilised as the knock-on effect of a slow September for 69-plate cars and vans in the new sector ripples through into the used market restricting the supply of stock. Cap HPI says values in Black Book Live dropped 0.6% at the three year/60,000 mile point last month, the same as a year ago
Finding Additional Sales To Boost Numbers in the Current Automotive Market
- October 30, 2019
- Posted by: Josh Locke
- Category: Automotive Industry
This time of year always poses challenges to the motor trade. But there are a few ways that you can keep making a profit by making some extra sales. Mind the Gap Graham Filmer, Director at Rocket Performance Group says “91% of buyers buying a new car will put it on finance but that dips
Used LCV Dealers Cautious As They Await Political Outcome
- October 29, 2019
- Posted by: John Swift
- Category: Automotive Industry
Dealers are wary of buying too much used van stock as the trade goes into the year-end and businesses await the outcome of the political situation. Glass’s says that the latest data shows more vehicles on the wholesale market than buyers. It says September’s sales figures were down 9% on the previous month and 15%
Well-Filmed Videos Answer Buyers’ Questions
- October 25, 2019
- Posted by: John Swift
- Category: Automotive Industry
A full and well-filmed video should answer at least 80% of the questions a prospective customer might have, making it easier to convert a viewer into a buyer. James Brown, Sales Manager at the Redgate Lodge dealership, said their award-winning videos typically last between three and five minutes per car and will have the full
Click’s Expert Tips For Faster Used Car Stock-turn Part Two
- October 24, 2019
- Posted by: Josh Locke
- Category: Automotive Industry, Tips For Dealers
Every dealer at some point will have been stuck with a car that lingers on the forecourt a bit too long. Stock management plays a crucial part in producing profit for your sales department so mastering the art can help you keep your stock flowing through your dealership, rather than building up. If you haven’t
Click’s Expert Tips For Faster Used Car Stock-turn Part One
- October 23, 2019
- Posted by: Josh Locke
- Category: Automotive Industry, Tips For Dealers
Managing your stock effectively is straightforward in theory. Buy the right cars and sell them for a profit. Follow our advice and you can turn that theory into practice with the best possible results without breaking a sweat. Every dealer at some point will have been stuck with a car that lingers on the forecourt
Dealers Pushing Cleaner Cars Should Get More Sales
- October 21, 2019
- Posted by: John Swift
- Category: Automotive Industry
Second hand Euro 6 diesels and EVs are taking sales from less fuel-efficient models with the latest Auto Trader sales figures showing that half of the top ten fastest sellers in September were diesels and two were electric cars. The used car platform said the message dealers should be getting loud and clear is that
Is The Forecourt-Based Business Model on Borrowed Time?
- October 17, 2019
- Posted by: John Swift
- Category: Automotive Industry
The founder of a multi-award-winning dealership says he can see the time just a few years from now when buyers will expect a fully digital journey from searching to delivery and dealers relying on a forecourt-based business will struggle to cope. Jacob Freshwater, who set up Fresh Motors in Norfolk three years ago, said he
Is The Rise Of The Used Car Market Down To The Madness Of New Car Pricing?
- October 17, 2019
- Posted by: Josh Locke
- Category: Automotive Industry
Quality used cars are hot property right now. With a range of stylish SUVs and reliable hatchbacks falling into the used car market for flexible and affordable prices, are new cars being exposed as nothing short of extortionate? Hear me out. A new Ford Fiesta will set you back a minimum of £15,995, that’s without
Dealers Have Three Months To Respond To FCA Plan
- October 15, 2019
- Posted by: John Swift
- Category: Automotive Industry
Dealers have been given three months by the Financial Conduct Authority to make their views known on a planned overhaul of how interest rates on car finance are set and how they earn their commission on them. Discretionary commission where the dealer negotiates a higher interest rate to the customer than the one set by
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