As we approach the season of gratitude, it’s a great time to reflect on the technology that has transformed dealership operations this year. Dealerslink has introduced several new tools and improvements designed to streamline processes, boost profitability, and...
Vehicle Pricing
Shifting Focus: Why Gross Profit Beats Velocity Every Time
by Dealerslink | Nov 7, 2024 | Inventory Management, Marketplace, Vehicle Pricing
Choosing profit over velocity isn’t just a trend — it’s a smart strategy for financial strength and resilience. Dealerships that prioritize gross profit per unit over increasing unit sales volume are finding a clearer path to success with an overall increase in...
November Market Outlook: A Shift in Trends for Used and New Cars
by Dealerslink | Nov 1, 2024 | Inventory Management, New Car, Used Car, Vehicle Pricing
As we move into November, key trends in the automotive industry are becoming clearer. Used vehicle prices are starting to stabilize, with some models seeing an uptick in their book values. At the same time, the supply of used cars is steadily being bought up on our...
How Are Car Dealerships Using AI in 2024?
by Dealerslink | Aug 15, 2024 | Inventory Management, Merchandising, New Car, Used Car, Vehicle Pricing
As the automotive industry undergoes rapid transformation, the integration of artificial intelligence (AI) into dealership operations has emerged as a critical factor for success. No longer just a buzzword, AI is revolutionizing the way car dealerships operate,...
Staying in Compliance with the Upcoming CARS Rule
by Dealerslink | Jul 15, 2024 | Vehicle Pricing
As you may have heard, the FTC’s new CARS Rule is set to bring significant changes to the car buying and leasing process. This rule aims to eliminate deceptive practices and promote transparency in the industry. These new rules are under judicial review and so no...
Days-to-Photo and Why It Matters for Your Dealership
by Dealerslink | Jul 3, 2024 | Appraising, Inventory Management, Merchandising, Remarketing, Used Car, Vehicle Pricing
Consumers demand richer digital shopping experiences to make purchasing decisions online, and the car business is no exception. The brain processes visual information 60,000 times faster than text, with 90% of the data we receive being visual. This underscores the...
Quick Tips to Simplifying Car Pricing at Your Dealership
by Dealerslink | May 1, 2024 | Inventory Management, Marketplace, Vehicle Pricing
Efficiency in pricing important for any car dealership looking to succeed. Optimizing your pricing tools and strategy can greatly enhance both time management and profitability. By integrating such processes, dealers like Spreen Automotive have streamlined their...
F&I Solutions That Streamline Your Dealership’s Operations
by Dealerslink | Mar 15, 2024 | Inventory Management, Marketplace, Used Car, Vehicle Pricing, Wholesale
Introduction to the Dealerslink F&I Tools – Brad Waller from Dealerslink demonstrates the exceptional capabilities of the F&I Calculator in a detailed video walkthrough. This essential tutorial highlights how F&I managers can optimize their financing and insurance workflow for superior outcomes.
Finance Managers Love Selling Cars With F&I Calculator
by Dealerslink | Feb 1, 2024 | Inventory Management, Marketplace, Vehicle Pricing
https://www.youtube.com/watch?v=auNRskm_aRo The success of a dealership's F&I department is pivotal, with every deal requiring careful structuring for profitability. The Dealerslink F&I Calculator streamlines the process of finding profitable deals. “The...
Maximizing Tax Benefits: Prepping Your Dealership for Year-End Unit Purchases
by Dealerslink | Dec 1, 2023 | Appraising, Inventory Management, Marketplace, Used Car, Vehicle Pricing
As the year comes to a close, dealerships across the nation are gearing up for one crucial task – tax preparation. The end of the year provides a golden opportunity for dealers to make strategic decisions that not only enhance their vehicle inventory but also offer substantial tax benefits.