We kicked August off by celebrating our 10-year anniversary in grand fashion. A party appropriate for a decades long run of exceeding our dealer’s goals and objectives. As we rolled through the month, we highlighted each our associates who are the ones who make it happen day in and day out. Please check out our LinkedIn page to read up on each of our team members to get to know them better. Also, be on the lookout for an announcement of our newest team members later this month.
Now we turn our attention to the next decade and beyond, and what better time to discuss the advantages of working with a truly independent advocate for your business. According to recent publications, inventory levels are up 43%, F&I profits are down 23%, and the market is showing signs of getting more and more difficult as we move into 2025.
Dealer after dealer has told us how their current provider is letting them down, allowing results to suffer, not minding the profitability of their participation structures, and basically just operating on cruise control. The old way of working with dealers, and taking advantage of relationships, is no longer acceptable. There is a better way.
As we continue to work with a growing number of dealers, we are seeing the results of our comprehensive approach to improve F&I sales and profitability and can proudly say that our stores are bucking the industry trends of going backwards. We have many dealers, and dealer groups setting F&I records due to our unique sales process, and our integrated levels of accountability. To find our more, please reach out to us to see if there are F&I profits being left on the table at your store.
To infinity and beyond…
Good luck and good selling to all of you!
Sincerely,
Bob and Ryan
IN THE NEWS
J.D. Power-GlobalData U.S. Automotive Forecast for August 2024
Ford slows EV plans, delaying pickup and axing three-row SUV, to cut costs
Restaurants fight back against the FTC crackdown on ‘junk fees’ as diners balk at new charges
Stellantis laying off 2,450 plant workers due to discontinuation of Ram ‘Classic’ pickup truck
EVENTS WE WILL BE ATTENDING
Live2Lead – https://www.eventbrite.com/e/live2lead-cleveland-tickets-937395323647?aff=oddtdtcreator
RVDA – https://www.rvda.org/Convention
F&I Product and Reinsurance Conference – https://www.fandi-conference.com/
Good Luck and Good Selling!
View the full newsletter https://mailchi.mp/advdealer.com/september-newsletter-4vmogzv35y-17389104
