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Did you know...the average dealer increases PVR by 8% with Virtual F&I compared to traditional? š Learn more about Virtual F&I, its advantages and the different types that you can start offering at your dealership in the video below. Need more info? Discover additional benefits ā”ļø https://hubs.li/Q02r_ZJv0#FinanceAndInsurance #Dealerships #automotive #CarSales #jmagroup
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Key Automotive Trends Weāre Tracking in 2024: 1. Dealership associates demonstrate resiliency 2. F&I PVR is trending up while Front PVR levels decrease 3. Product income share grows as interest rates persist ā”ļø See the rest of the recent data impacting dealers in our new report (also available to download): https://hubs.li/Q02KYPHw0#autotrends #dealerships #automotive #jmagroup
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How do you choose the right profit participation program for your dealershipās unique needs? š” Discover the key elements as well as frequently asked questions about administering these programs in our free guide: https://hubs.li/Q02FtNbt0*Plus, donāt miss the self-assessment to help guide your decision! #jmagroup #dealerships #automotive #dealers
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See AlsoAutoX3 on LinkedIn: #autox3 #auto3iii #aftersales #parts #marketingErin Kerrigan on normalizing automotive valuations | JM&A Group posted on the topic | LinkedInJmagroup analyzes sales data from 1,700 dealers | JM&A Group posted on the topic | LinkedInJM&A Group on LinkedIn: #jmagroup #digitaltools #automotivetech #dealershipsLike CommentTo view or add a comment, sign in
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Are you making the most of your F&I products? Learn about the advantages of different profit participation programs and how they can support your dealership's growth. š š Full guide here: https://hubs.li/Q02tvMwB0 #jmagroup #profitparticipationprograms #dealerships #automotive
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John Ellis
Veteran, SaaS Founder & CEO / Automotive Economist / Executive Board Member / US Marine / NADA Certified
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Dealers, do you know your average inventory turn?If so do you look at it weekly?How about your average turn per aquisition channel?What about your average PVR per acquisition channel?Is any of this hard to put together? Do you have to print and download reports to put all this together?Let us make it easy for you to execute!Shown below, the Used Car Optimizer program gives you this information constantly throughout the month.The goal is to help dealers make quick decisions on where to focus their attention for the best turn and profitability. Per Paul Machin of Black Book, 2024 through 2027 will demand this type of surgical execution in your inventory acquisition and retail strategy.Reach out with a message here for a demo today.The Automotive Advisor Team Frank Knox Agile Auto, Inc #usedcars #automotive National Independent Automobile Dealers Association (NIADA)
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automotiveMastermind Inc.
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With customers waiting longer than ever between new vehicle purchases, refining your dealershipās service department process to generate more revenue can make a critical difference in your dealership's bottom line. Our Director of Dealer Relations Luciano Ros shares why dealership team training is a must via CBT News: https://brnw.ch/21wLJ9w#AutomotiveIndustry #Dealership #AutoDealers #FixedOps #AutoSales
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Bob Seal
Vice President of Sales at Automotive Product Consultants, LLC.
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The direct-to-consumer market for vehicle service contracts (VSCs) is the fastest-growing segment of the $97 billion automotive F&I industry, according to a recent Colonnade study.Is your dealership marketing VSC's to customers after a vehicle sale? You could be missing out on a big chunk of business if not. #apcisg #vehicleservicecontract #automotivemarketing
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Sergio Torres
Partner Success Manager at ACS Cloud Partners
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Navigating the automotive industry requires a specialized approach to advising dealerships on their current network infrastructure, integrations, and distinct departmental needs.ACS Automotive offers expert guidance to address these needs, and supports partners and their customers in this unique industry.Our Solution Director Nathan Szczesiul speaks eloquently on exactly how ACS Automotive accomplishes this.š”Watch the full video here: https://lnkd.in/gnJUApM6#ACSAutomotive #AutoSolutions #DealershipTechnology #TSD #ACSCloudPartners
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Ever wonder how our Virtual F&I works? š¤Hereās the four-step process to launching a successful program in your store.ā See how to find the right VFI model for your dealership: https://hubs.li/Q02f6kS50#Virtual #FinanceAndInsurance #Dealerships #Automotive
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Radomir Nemecek
Business Development Director at AutoBinck Car Distribution Holding
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When you hear ACD, do you know what it really stands for?AutoBinck Car Distribution (ACD) is more than just a car distributor. Through our AutoPalace network, we represent 17 global brands, including BMW, Hyundai, Mitsubishi, and others. But thereās more! We help businesses and dealers access the best cars with ACT, our company specializing in wholesale deliveries across Europe.Curious about how ACD is shaping the future of the automotive industry? Which topic should I explore for you in the coming days? Comment below! #CarDistribution #ACD #AutomotiveIndustry #EuropeanMarket
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Luciano Ros
Director, Dealer Relations at automotiveMastermind Inc.
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I must admit, I havenāt been very active on LinkedIn lately. Iāve been deeply immersed in helping dealerships and partners focus on their court principles of dealership efficiency. With inventory levels rising, and profits experiencing a slow decline, strengthening sales processes, has never been more crucial.In the face of evolving technologies and new challenges in the automotive industry, itās essential to keep people at the center of our strategies. Dealerships play a vital role in the lives of every day consumers and thatās why we are passionate about our work here at automotiveMastermind Inc. Iām also proud to be highlighted in this article by CBT News, which underscore our commitment to leveraging in-store technologies to enhance processes and drive sales efficiencies. By going back to the basics and focusing on what truly matters, we aim to support your success and this dynamic industry.The dealer partners I worked with over the years know how passionate I am about a strong Service to Sales process. In this article, I share my thoughts on effective training best practices to help teams master a seamless service to sales experience. Letās continue to prioritize what makes a difference - strong processes, efficient sales, and above all people first.
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