The Auto Loan Crisis of 2024
The Auto Loan Crisis of 2024 The pandemic has changed how consumers buy products, services, and just about everything under the sun. Just about every industry has been affected, from manufacturing all the way to membership businesses like gyms, salons, and things of the sort. However, there’s a new pandemic on the verge of changing […]
The Rise & Fall of the American Car Dealership
The rise of the car dealership model has been a boon for the automotive industry. In recent years, stimulus checks and other factors have led to an increase in the number of people buying cars. However, saving money on a car purchase is still a top priority for many consumers. This is where the current […]
What’s going on in the car market? September 2022
What’s going on in the car market? September 2022 So we just ended a worldly pandemic, and are about to exit what his plagued the automotive industry for over two years now, the chip shortage. If you’ve been living under a rock, you wouldn’t of heard of such a thing. However, if you work in […]
Why independent dealers need to prepare for a slower 2024
Not very many vendors have been discussing the shift in customer profile & sentiment that’s been seen at many dealerships across the country. It’s better to claim ignorance than to take the blinders off and focus on the facts, which are quite daunting. However, reality is beginning to set fourth in for many family […]
Marketing for Car Dealers – The Hard Truth
The truth about marketing for car dealers is – it can be an expensive mistake, and unnecessary. You might have to pay for ads, content creation, training somebody for the position, or maybe you’ve outsourced it to a Marketing Agency. Or perhaps you’re buying lead lists you have no ownership or control over. Whatever […]
Why the CARS Rule Stalled – And Why Dealerships Should Be Worried in 2025
Why the CARS Rule Stalled – And Why Dealerships Should Be Worried in 2025 Car dealerships are in for a turbulent 2025. The Federal Trade Commission’s (FTC) Combating Auto Retail Scams (CARS) Rule was designed to crack down on shady dealership tactics like bait-and-switch pricing and hidden fees. It was supposed to bring much-needed transparency […]