It's Now or Never! ⌛ Today is the last day to get 0% interest for 120 months. Get to your local dealership now or miss out on the deal of the year! (find your local dealer here: https://lnkd.in/gn4aHvPv )
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Car sales and inflation, what's the connection? 🚗💲 In our latest YouTube clip, Sophia Lee sheds light on "The Impact of Inflation on Car Sales and Prices". 💡🎥 If you're a dealership owner or manager, it's time to rev up your knowledge and stay ahead of the game! 🏁 Don't miss out, watch the full video now! https://buff.ly/46ZGc6K
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Dealers, do you know your cost per acquisition (how much you spend to acquire each pre-owned unit)?? I was recently talking to a dealer off LinkedIn that was spending close to $1k for each vehicle at the auction in 2023 ($987 per car). Even more surprising alot of dealers I talk to don't know off the top of their heads. What’s your target range for 2024? Is $1k too high? And do you think this metric is important to diligently track and stay on top of?
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📈 Ready to get your pipeline chock-full of car buyers? 🚗 Calls are the key 📞 Learn how calls = high purchase intent + increased revenue by downloading our cheat sheet now. 📝 https://bit.ly/46zC2Bh
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💥Price Position 💥 Do you know how your vehicles are priced relative to the market value? Peter Jones, Principal Product Lead tells us how Price Position can help ensure you don't miss out on margin. Watch the full masterclass 👉 https://bit.ly/3SyERx3
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Following double-digit growth in 2023, global car sales have cooled down to .8% this year. With reduced available credit, consumers are still hesitant to spend money, and high interest rates still weigh on business sales and production. In the U.S., car sales are expected to increase by only 2.5% next year. Learn more about the latest trends impacting the outlook for the global automotive industry: https://brnw.ch/21wJOnZ
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The Difference between Nominal value, Fair value, and Market value In simpler terms: Nominal value : is like the sticker price of a car - it's the amount the manufacturer sets, but it may not reflect the actual value of the car in the market. Fair value : is like getting a professional appraisal for the car - it's an estimate of the car's worth based on current market conditions and comparable sales. Market value : is like what you could actually sell the car for today - it's the price someone is willing to pay for it in the current market. Comparison of Nominal value, Fair value, and Market value
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YOUR CRYSTAL BALL ON VEHICLE VALUES: Join us for a LIVE overview of consumer trends, vehicle retention values & more! What factors affect vehicle values over time? How does the auto aftermarket fit into the equation? Register now to join this LIVE discussion on Nov. 28.
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When buyers start shaking the money tree, be the one in control, and steer each deal towards success! 🌳💰 Explain to the customer that for the way the vehicle is equipped, it really is a great value. By confidently defending your price in a logical and honest way, you’ll be closing more car deals! 🚗💼
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