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In an industry-first, Dealerslink has just released its nationwide retail pricing heat map. A heat map is a graphical representation of data where values are depicted by color. Heat maps make it easy to visualize complex data and understand it at a glance. The...
We hear this a lot from dealers we talk to, "I can't make money wholesaling units." Wholesaling has often been a necessary evil for retail dealers managing inventory. Liquidating trade-ins or aged units, so they aren’t tying up funds or lot space. With the goal of...
This year has been like no other. Despite a global pandemic, dealerships sold millions of used vehicles this summer, posting four straight months of year-over-year sales gains. Now a recent softening in retail demand is causing dealers to be selective with their...
For the first time in a long time, there's some positive news out there: In late August the majority of our dealers are reporting their sales and service levels to be the same or higher as this time last year. While many are seeing their businesses bounce back,...
Hard hit by the COVID-19 pandemic in early March, used car sales started to rebound in May and have been seeing continuous improvement since. While sales will probably not return to normal anytime quickly, many dealers we have spoken with have found ways to shift...
Covid19 forced closures at auto auctions across the United States. This brought many dealers to dip their toes into online dealer marketplaces for the very first time. Through it all, dealers' wholesale demand and auto auction pricing held strong....
Growing up in Wyoming, I learned many lessons about the value of being in a secluded place and not being surrounded by a crowd. One memory that standouts in my mind, was when I was in Yellowstone National Park. There is a terrific tourist bridge on the north end of...
Firm Remains Open, Works Remotely To Keep The Lights On For Its Clients Unique Approach Lets Dealers Cut Cost And Increase Sales Broomfield, CO -- As more companies are tightening their belts, some even closing their doors, Dealerslink remains open at full capacity,...
In response to recent economic developments, we are launching the Competitive Inventory Software Contract Review. This is a free service with a Dealerslink representative who will review your current inventory management software solutions with you in detail and help identify opportunities to consolidate and reduce monthly software vendor costs dramatically.
Evidence of auto sales slowing down due to the Coronavirus is starting to appear in forecasts. Analysts are predicting 2020 auto sales for the U.S. could drop as much as 20%. As the virus spreads, however, its negative impact will be felt in the auto industry, said...