Tag Archives: used vehicles

9 Easy Ways Dealers Can Immediately Improve Facebook Performance & Boost Lead Gen

It’s no secret: when used correctly, Facebook has the power to totally transform your dealership’s brand perception and drive targeted revenue opportunities with precision. There has never been a better time to start making Facebook worth your time and money! We’ve narrowed down 9 basic steps you can take today to improve your performance on […]

The Top 4 Takeaways from the Used Car Industry in 2020 and How to Leverage Them for Success in 2021

2020 was pure, uncharted territory. This year began like every other. The first quarter preparation was the same. Goal setting looked the same. Tactics varied ever so slightly. A steady, familiar course. Until it wasn’t. Here is what we learned in 2020 that will help you maximize profits in 2021: 1) Dealers are still feeling […]

The Benefits of Using a Completely Live Vehicle Appraisal Team – Mike Dodd, Trade-In Valet

VIDEO TRANSCRIPT: Jim Fitzpatrick: Thank you so much for joining us on the show. Mike Dodd: Thank you for having me. Jim Fitzpatrick: Sure. Having a great show so far? Mike Dodd: Absolutely. Man, it’s an absolute whirlwind for us at the moment. Have you been by the booth? Jim Fitzpatrick: I have. Mike Dodd: […]

More trades and higher sales start with a smarter appraisal process

As of mid-year 2018, used vehicle sales by new vehicle dealerships had exceeded $750M, according to NADA. The average dealership picked up a fraction of this amount—$9.6M, to be precise. Industry leader CarMax sold 721,512 used vehicles, taking home $14.3B in sales during its fiscal 2018 year. An added 409,000 vehicles were sold at CarMax wholesale auctions.