Steve Greenfield’s Post

Remarketing is often overlooked but vital for managing TCO. Holman’s Jim Jackson shared with Autosphere.ca key trends for the 2025 secondary market. Partnering with Holman ensures you maximize resale value, even for upfitted vehicles.

Making car buying simpler and smarter! Learn how AutoTrader Awards are paving the way for clearer purchasing decisions in this insightful interview with Jodi Lai. 🚗💡 AutoTrader.ca

🚨Caution for Auto Dealers: Navigating Nissan’s New Sales Plan🚨 Nissan's decision to encourage dealerships to advertise models below invoice to boost sales might help move inventory amidst rising floor plan costs. However, this strategy could reignite the “race to the bottom” in new car pricing, putting pressure on gross profits and in turn net. While it's crucial to keep inventory moving, dealers should be mindful of the long-term impact on profitability and the industry's overall pricing stability. Thoughts? #Automotive #Dealerships #Nissan #CarSales #PricingStrategy #AutomotiveNews https://lnkd.in/ezcgcjVy

What is the data telling us? 75% of the EV’s listed on mfldirect last month were under £20,000 and 80% had ranges over 200 miles. These are the heartland vehicles that create a great selling opportunity for a used buyer interested in their first electric vehicle. Importantly for all of us, we are now seeing stability in EV sales values, and with our integrated AutoTrader Retail Rating dealers can find the vehicles that generate the resale profit they need. Our customers also tell us that when buying an EV it really helps when they buy from a wholesaler they trust, someone they can speak to if they have concerns, and vehicles that have been serviced and maintained through the franchise network. #mfldirect  #EV

Our Head of Remarketing Operations and Commercial Optimisation, Alex Wooltorton, sat down with Automotive Management (AM) recently to discuss the major trends that are shaping dealer buying behaviour right now. Take a read or watch the recorded interview for Alex's insights into the shorter and long term opportunities in our industry: https://lnkd.in/eNnNrrU9 #mfldirect #IndustryInsights #AutomotiveIndustry #WeGetYou

I want to share a success story from an Infiniti store on the West Coast - our first use case for integrating favorable stocking grades and positive strategy actions directly into a dealership's CRM. This store faced a challenge: they needed to buy used cars but didn't have the resources to allocate human capital to the task. By pushing targeted opportunities directly into their CRM, we enabled their BDC to manage these engagements. The result? They're now buying five or six high-margin cars a month, with front-end profits of $2,000 to $4,000 per vehicle, plus additional finance profits. For this Infiniti store, the impact on the bottom line has been significant, proving that even small-scale solutions can lead to big profits. Learn more: https://hubs.la/Q02Mg0Nc0

VEHBEE Revolutionizes Automotive Dealership Purchases with Exclusive $999 Monthly Subscription Offer In a groundbreaking move to transform the way dealers buy cars, VEHBEE announces its Early Dealer Exclusive promotion, offering an unprecedented monthly subscription for only $999. This exclusive pricing includes unlimited bids and unlimited purchases, eliminating additional transaction costs. The Early Dealer Exclusive promotion is available for a limited time, providing dealers with a unique opportunity to enhance their buying power while enjoying a fixed monthly rate. As part of VEHBEE's commitment to transparency and value in the automotive industry, the Early Dealer Exclusive promotion features key elements: Unlimited Bids, Unlimited Purchases: Dealers can participate in an unlimited number of auctions with a flat monthly rate, without worrying about auction fees or additional costs based on the final auction value... Read more: https://lnkd.in/gqZ6xiT8

VEHBEE Revolutionizes Automotive Dealership Purchases with Exclusive $999 Monthly Subscription Offer In a groundbreaking move to transform the way dealers buy cars, VEHBEE announces its Early Dealer Exclusive promotion, offering an unprecedented monthly subscription for only $999. This exclusive pricing includes unlimited bids and unlimited purchases, eliminating additional transaction costs. The Early Dealer Exclusive promotion is available for a limited time, providing dealers with a unique opportunity to enhance their buying power while enjoying a fixed monthly rate. As part of VEHBEE's commitment to transparency and value in the automotive industry, the Early Dealer Exclusive promotion features key elements: Unlimited Bids, Unlimited Purchases: Dealers can participate in an unlimited number of auctions with a flat monthly rate, without worrying about auction fees or additional costs based on the final auction value... Read more: https://lnkd.in/gqZ6xiT8

Are you preparing for the future in automotive? What foundation are you laying today to help prepare your dealership for the next shift in selling cars? The good news is you still have time to be the leader in your market area.

Maritz's Digital Assessments reveal fascinating insights into the online car buying experience. Dive deep into our study of 564 California dealership websites from 2022-2023 and discover the trends shaping EV representation and content. Follow the link! https://lnkd.in/g3-5vAGU