The Advanced News December 2024

A Message From The ADS Team

Thankful and Grateful is a good way to express our feelings as we head into the holiday season and begin to wrap up this year.

For us at ADS, it has been a topsy turvy year with some ups and downs. Fortunately, there have been more ups than downs. As our industry continues to evolve, so must our team. We are blessed to be welcoming so many high caliber individuals to our team over the next few weeks. We know the changes we are making will result in the continuation of our exponential growth for many years to come.

One item we are very excited about, is the addition of our Risk Management Team. This team, led by industry veteran, Dave Ditgen will be bringing our strong independent mindset and approach to the risk management side of the business. When it comes to your garage keepers, open lot, general liability and workers compensation we know we can provide unique solutions that fit your needs. Please fill out the contact from below to get in touch with one of our licensed team members to get you introduced to the process and programs we have access to.

For all of those that have blessed us this year by doing business with us, supporting us as we continue to grow, or challenging us to get better, we thank you. We are grateful for every step in our journey and couldn’t be more excited about what next year and beyond have in store for us.

Happy Holidays!

Sincerely,

Bob and Ryan

View the full newsletter: https://mailchi.mp/advdealer.com/december-newsletter-4vmogzv35y-17464035

The Advanced News November 2024

It is that time of year for all of us to go out and perform our civic duty by voting. Taking part in our democracy is a gift, and unfortunately, many Americans do not take part for a variety of reasons. These elections should remind us of those who have made the ultimate sacrifice defending our democracy, and therefore our ability to take part in free and fair elections. Please visit https://vote.gov/ to make sure you know how and where to vote in your state.
 
Many of us are excited for the elections to be over. If you live in a swing state, we are certain you are tired if seeing attack ad, after attack ad. Another reason to be excited about November 5th being behind us is that the economy, specifically retails sales, generally hit a stagnant period around elections. The majority in our industry are optimistic about the increase in sales volume we should see post-election cycle.
 
For most dealers, 2024 has proven to be a difficult year. Sales volume, and gross profit have declined especially within certain manufactures. As some dealers feel pressure on volume and profit, their focus has shifted to F&I and fixed ops. We at ADS have stepped up and responded to the challenge. Our dealers are experiencing strong, if not record F&I results and our roll-out of Repaired Forever has proven to help drive additional service sales and an added profit center.
 
Moving into the holidays, let us reflect on what we are thankful for and what the holiday season means to each of us.
 
Good luck and Good selling to all of you!

Sincerely,
Bob and Ryan
 
Events ADS will be attending:
F&I Product and Reinsurance Conference – https://www.fandi-conference.com/  

Newsworthy Items:
I just bought a Jeep for my teen driver. Here’s what I learned about the used car market
American consumers are increasingly underwater on their car loans
Stellantis CEO Carlos Tavares to retire in 2026 as automaker struggles in North America
Vehicle pricing fell year-over-year in Q3: Cox Automotive
US remains engine of global growth in latest IMF forecasts

View the full newsletter: https://mailchi.mp/advdealer.com/november-newsletter-4vmogzv35y-17464034