Tag: increase
Average new car prices remain steady above $40,000
American consumers can expect to shell out more than $40,000 for a new vehicle, on average. Kelley Blue Book research estimates that the average...
Record high wholesale prices reflect tight used inventory, strong sales
The cost per unit to purchase inventory for the used car lot continues to increase as the second quarter of 2021 kicks off. The...
5 Tips for acquiring pre-owned vehicle inventory
As a dealer that sells pre-owned vehicles, apart from customer acquisition, inventory acquisition is always front of mind. Throughout the past year, auctions have...
Fewer miles driven but higher rate of motor vehicle-related deaths in...
Despite traffic volumes experiencing a significant decrease throughout 2020 in the United States, the roadways haven’t become any safer. A new report from the...
Average new vehicle transaction price continues to hold above $40k
The average transaction price for new vehicles in the United States continues to hold the line well above $40,000. Late in 2020, the transaction...
Q4 car buyers making bigger purchases, putting more money down
During the fourth quarter of 2020, the average down payment for new vehicle buyers increased notably from $4,329 a year ago to $4,734. Over...
Busy third quarter for dealer acquisitions
Things were looking rather bleak for the buy/sell market earlier in 2020 when factories, supply chains, and dealerships were shuttered, but the auto industry...
Facebook and PureCars study reveals value of digital retailing for dealers
These days digital retailing is all the rage. There seems to be an endless cycle of articles detailing how to do it and how...
Roadster CMO weighs in on COVID-19 recovery with dealer survey results
Dealers have had to adapt at an incredible rate in the past seven months or so. Roadster partnered with NADA in May to perform...
What are the benefits of using a service menu?
Why do restaurants have menus? Well, if you didn’t know about the Super-Mega-Epic Burger, how would you ever know to order it? Automotive service...
