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Being Proactive in a Pandemic: Fine-Tuning Your Preowned Vehicle Department

This has been a scary and stressful time for business owners and families alike, but during trying times like this, we always persevere and come back stronger than before.  This isn’t the time for you to bring your business operations to a halt. Instead you should plan and prepare for the coming months as the …

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4 Ways To Maximize Used Vehicle Department Revenue In 2020

2019 was a good year for used vehicle sales, with total sales rising about 200,000. 2020 could be even better, with the latest research pointing to another big increase. All in all, 2020 could see 500,000 more used vehicles sold compared to 2018.But higher sales volume doesn’t always translate to greater profits. Many dealers retailed more vehicles …

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How Your Dealership Can Take Advantage Of Rising Used Car Prices

Historically, May has long been a productive month for used car prices. In fact, last month was the 28th month in a row of used car price gains. Up 4% over last year, these price increases are good news for dealerships, but only if you’re turning over inventory. With prices the highest they’ve been in years, dealerships will …

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