profits Archives - Page 2 of 4 - AutoSuccessOnline
Dealers Earn Record Profits in 2018 — Fake News or the Real Deal?

Let’s make 2019 a record year for profits in your dealership. The opportunity is in your service department right now as you’re reading this blog. Now go out there with your new attitude and make some money! You deserve it!

Do Your F&I Practices Make You Vulnerable to Profit Leaks

The Merriam-Webster Dictionary defines “vulnerable” as “open to attack or damage.” Synonyms for the word include exposed and liable. All would apply if you’re not implementing best practices in F&I.

Change the Way You Think About Used Car Reconditioning

Workflow is one of the biggest constraints when it comes to reconditioning. So, if you can home in on what’s slowing you down, and get the best technology out, you’ll be able to do organized, quality work at a much faster pace.

It’s a Jungle Out There, So a Little Obsessiveness Doesn’t Hurt

Ever watch the offbeat TV police procedural “Monk,” about obsessive-compulsive private eye Adrian Monk? His twitchy investigative style helps him “see” patterns and connect dots that escape others, and he always solves the case.

How to Put the 80/20 Rule to Work for You

For most of you, a net profit at 20 percent of gross profit in your service department and 30 percent in your parts department will make this your best year ever in fixed operations.

Mitchell 1 Brings Back its ‘Fabulous Las Vegas Sweepstakes’

One lucky winner will receive an all-expense paid trip for two to attend this year’s Automotive Aftermarket Industry Week (AAIW) events, including the Automotive Aftermarket Products Expo (AAPEX) and Specialty Equipment Market Association (SEMA) Show in Las Vegas, Nevada.

DealActivator Is Officially Built into Dominion’s Vision CRM

The program combines ease-of-use functionality with user-tailored dashboards, giving dealers a bird’s-eye view of dealership activity.

How to Turn Rings Into ‘Cha-Chings!’

When a potential guest calls your store, they want your store to be the place where they will spend their money. The sale is yours to lose.

A Bonanza Seeking Investors

T2L is “time to line,” a profit-improvement strategy built on a complete cloud-based platform for managing the time it takes to get used cars from acquisition through reconditioning and to the sales line, or at least to where you know what price to accept to cover recon costs and make money.

Dealer-Controlled Vehicle Service Contracts and Ancillary Plans Help Boost F&I Profits

With the right DOWC in place, automotive retailers can embrace today’s highly competitive market with F&I programs that we can see customers have come to rely on.

Are You Letting Revenue Slip Through Your Service Department?

For every sales piece you create to drive new car sales, you should think about how this could also drive revenue for the other departments.

F&I Solutions: Financing as Part of the Sales Cycle

The traditional dealership sales process excludes the financing from the sales cycle, treating it as a separate process after closing the deal. There is a better way of revising it that increases the closing ratio, and the profit per unit while lowering the total time it takes to complete the transaction.