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Latest Activity

Willian Caden updated their profile
22 hours ago
Willian Caden is now a member of Automotive Social
22 hours ago

Supplier
Black Book posted a blog post

Seasonal Declines

Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download…See More
23 hours ago

Car Dealer
John Sternal posted a blog post

The Difference Between Lease Incentives vs. Finance Incentives

Incentives on a lease and purchase often vary, and the vast majority of car shoppers do not realize this difference. Finance Incentives Options (2 of them) are usually: Option of cash rebate (example: $2k rebate); or low interest rate over a period of time. Lease Incentives Options (3 of them) are usually: Different cash rebate; different subsidized interest rate; or a subsidized residual value. “The art of the deal is different between financing and leasing, and the makeup of incentives is no…See More
23 hours ago
Jessica posted a blog post

Things to Do When Your Two-Wheeler Insurance Expires

Whenever a two wheeler is taken out to take a ride on road, one thing that a rider must ensure is that he is riding an insured vehicle. It has been made mandatory by the Insurance Regulatory Development Authority of India (IRDAI) that no uninsured vehicle can be brought on the road for driving. If one needs to drive it even for a half a kilometer distance, it has to be on a legally insured vehicle.While it is a must and a serious law to have a vehicle insured, there are still 75% of the…See More
Wednesday

Supplier
Larisa Bedgood posted blog posts
Tuesday

Supplier
Black Book posted blog posts
Jul 12
Petworth Paint & Body Shop is now a member of Automotive Social
Jul 7

Supplier
Larisa Bedgood posted a blog post

Why Auto Dealers Must Embrace Digital Marketing

Why Auto Dealers Must Embrace Digital MarketingYou may have heard it time and again, but if you aren’t using digital in your marketing plans, you are losing out. Simply put, traditional marketing no longer works like it used to for auto dealerships. According to research by …See More
Jul 7

Supplier
Black Book posted a blog post

Seasonal Movement on the Lanes

Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download…See More
Jul 6
John Rash updated their profile
Jul 5
John Rash is now a member of Automotive Social
Jul 5
Raj Dasgupta posted a blog post

Purchase Luxury Mercedes SUV from T&T Motors Ltd

When you think of luxury cars, Mercedes certainly tops the list. What can be better than a combination of luxury and the features of speed utility vehicles? Mercedes as a brand is considered to be innovative and traditional all around the world. Mercedes SUV has an unmatched standard with a fresh new style topping design, technology and versatility.  Here are a few models of Mercedes SUV  1. GLA 250 Model: Provides you with 2.0L turbo direct injection with a 4-cylinder engine. Along with that,…See More
Jul 5

Supplier
Larisa Bedgood posted a blog post

Study Shows That Car Shoppers Needs and Preferences Are Ignored in 40% of Dealership Sales

Study Shows That Car Shoppers Needs and Preferences Are Ignored in 40% of Dealership SalesAs more and more vehicles tout a range of exciting features, better safety, connectivity and the next best thing in car design, manufacturers and dealers will need to compete on a different sphere – the customer experience. The…See More
Jun 30

Supplier
Black Book posted a blog post

Most Segments Decline at a Steady Pace

Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download…See More
Jun 28
stella kwale is now a member of Automotive Social
Jun 27
Georgia Moore posted a blog post

Top 5 Transmissions by General Motors (GM)

From increased powertrain, enhanced acceleration off-the-line, to improved fuel economy, transmission upgrades brings in a host of advantages. If you are looking to buy a GM transmission, we’ve created a list of top 5 GM transmissions to help you out. No matter if you are looking for Turbo 400 transmission or 4l60e transmission, this post is sure to help you make an informed buying decision. In an automobile, transmission is a system which connects the wheels to the engine. Suitable turning…See More
Jun 26
AUGUTIN AZIAKOU updated their profile
Jun 26
AUGUTIN AZIAKOU is now a member of Automotive Social
Jun 25
Jonathon Blake posted a photo
Jun 23

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Blog Posts

Seasonal Declines

Posted by Black Book on July 22, 2016 at 11:35am 0 Comments

Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download the full report.

 

This week’s Black Book Market Insights report shows that car and truck segments depreciated at nearly the same percentage this past week. Also, cars saw heavier depreciation at the same time last year, while the opposite was shown for trucks.

 

“The used vehicle values continue to depreciate at a normal rate at this time of the year with truck segments continuing to perform better than car segments,” said Anil Goyal, Senior Vice President of…

Continue

The Difference Between Lease Incentives vs. Finance Incentives

Posted by John Sternal on July 22, 2016 at 11:22am 0 Comments

Incentives on a lease and purchase often vary, and the vast majority of car shoppers do not realize this difference. Finance Incentives Options (2 of them) are usually: Option of cash rebate (example: $2k rebate); or low interest rate over a period of time. Lease Incentives Options (3 of them) are usually: Different cash rebate; different subsidized interest rate; or a subsidized residual value. 

“The art of the deal is different between financing and leasing, and the makeup of incentives is no different,” said Scot Hall, Executive VP at Swapalease.com. “Knowing the differences in how incentives are packaged is important because the educated car shopper that understands this has a better opportunity to negotiate the best incentives package.”

 

Example Using 2016 Chevrolet Silverado Double Cab LT 4x4

MSRP $44,535

Invoice Price $42,385 *sale price used

 

GM Financial Subvent Lease

36 x $409

12,000 miles per…

Continue

Things to Do When Your Two-Wheeler Insurance Expires

Posted by Jessica on July 19, 2016 at 10:36pm 0 Comments

Whenever a two wheeler is taken out to take a ride on road, one thing that a rider must ensure is that he is riding an insured vehicle. It has been made mandatory by the Insurance Regulatory Development Authority of India (IRDAI) that no uninsured vehicle can be brought on the road for driving. If one needs to drive it even for a half a kilometer distance, it has to be on a legally insured vehicle.

While it is a must and a serious law to have a vehicle insured, there are still 75% of the two-wheelers on road which are not insured (source). It might surprise you that all these 75% cases are of vehicles with expired insurance, and not the new ones. The reason behind this is simple: a new vehicle owner cannot buy a vehicle until he takes a policy, hence the culprits are the old users who either prefer to ignore spending an extra amount on getting insurance or some who delay to do so. Well, when the policy is not renewed on time all the insurance benefits become limited…

Continue

Three Ways Mobile Technology is Changing the Auto Industry

Posted by Larisa Bedgood on July 19, 2016 at 5:12am 0 Comments

Three Ways Mobile Technology is Changing the Auto Industry

Each day consumers spend a little more than 3 hours on their smartphones – and that’s not even making calls. The innovation of mobile technology has forever changed the course of history, and generations moving forward won’t even know what life is like without a mobile device such as a cellphone or tablet. Mobile tech’s influence on the economy and nearly every industry is vast, and automotive retail is no exception.

Here are three ways automotive mobile technology has changed car sales- and how dealerships can get ahead of the next mobile tech trends.

Dealership…

Continue

Auto Shoppers Are In Market Longer Than Ever – 5 Ways to Target and Convert New Customers

Posted by Larisa Bedgood on July 18, 2016 at 9:10am 0 Comments

Auto Shoppers Are In Market Longer Than Ever – 5 Ways to Target and Convert New Customers

Today’s auto consumers are in-market longer than ever, with the majority of shoppers in market for 2 months or longer. These longer purchase journeys translate into more opportunities for auto brands. 80% of consumers start their search with a different manufacturer in mind than the manufacturer brand they ultimately end up purchasing.  With so many car…

Continue

All Segments Depreciate

Posted by Black Book on July 12, 2016 at 1:02pm 0 Comments

Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download the full report.

 

This week’s Black Book Market Insights report showed depreciation across the board for all car and truck segments, with particular emphasis on trucks and small crossover segments. Vehicles in these segments faced the heaviest price drops this past week, with compact vans added into the mix here.

 

“Weekly depreciation rates have been fairly consistent since Memorial Day with cars at a cumulative adjustment of -2.7%, a 35% higher rate of decline…

Continue

BLACK BOOK: VEHICLE DEPRECIATION PICKS UP HEADING INTO MID-SUMMER SEASON

Posted by Black Book on July 12, 2016 at 7:33am 0 Comments

According to Black Book® data, the average price of a used vehicle for model years 2011-2015 depreciated by -1.7% during June, following light depreciation (-0.5%) in May. Cars overall saw noticeably higher depreciation at -2.2%, compared with trucks, which saw just -1.3% on the month. All vehicles are averaging a 12-month depreciation change of -15.4%, in line with pre-recession rates.

Sub-Compact Luxury Utilities saw the highest depreciation during June at -3.5%. Vehicles in this segment include the Audi Q3, BMW X1, Mercedes-Benz G Class, and the Mini Cooper Countrymen. Vehicles in this segment finished the month with an average price of $17,998, a -19.9% change from year-ago levels.

Small Pickups saw the best retention during the month at +0.1%, the only segment to see a change in positive levels. Vehicles in this segment include the Chevy Colorado, Dodge Dakota, Ford Explorer Sport Trac, and the Toyota Tacoma.…

Continue

Why Auto Dealers Must Embrace Digital Marketing

Posted by Larisa Bedgood on July 7, 2016 at 7:03am 0 Comments

Why Auto Dealers Must Embrace Digital Marketing

You may have heard it time and again, but if you aren’t using digital in your marketing plans, you are losing out. Simply put, traditional marketing no longer works like it used to for auto dealerships. According to research by DealerSocket, traditional advertising such as radio spots, TV ads, and billboards bring in an average total profit of $1,702 per vehicle, while digital marketing brings in $2,514 per sale. Consumers research and shop across digital channels and dealers must go digital to target and acquire new auto customers.…

Continue

Seasonal Movement on the Lanes

Posted by Black Book on July 6, 2016 at 1:21pm 0 Comments

Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download the full report.

 

This week's July 4th holiday version of the Black Book Market Insights report shows how smaller and mid-size car segments are continuing to lead with some of the largest depreciation rates seen in a while. Sub-compacts in particular have demonstrated significant depreciation over the last four weeks at -2.87%.

 

“Fuel prices moved down slightly, and Truck and SUV demand remains high. Nonetheless, weekly depreciation rates are weighed down by…

Continue

Purchase Luxury Mercedes SUV from T&T Motors Ltd

Posted by Raj Dasgupta on July 5, 2016 at 3:35am 0 Comments

When you think of luxury cars, Mercedes certainly tops the list. What can be better than a combination of luxury and the features of speed utility vehicles? Mercedes as a brand is considered to be innovative and traditional all around the world. Mercedes SUV has an unmatched standard with a fresh new style topping design, technology and versatility.

 

Here are a few models of Mercedes SUV



 

1. GLA 250 Model: Provides you with 2.0L turbo direct injection with a 4-cylinder engine. Along with that, this model has a 4-wheel independent suspension along with electro-mechanical power steering, as well as 7-speed DCT dual-clutch automatic transmission with shift paddles. The design of Mercedes SUV GLA250 is quite bold and authentic with an iconic grille. It has an 18-inch twin 5 spoke wheels. This car has 10-way airbag protection and is completely prepared to withstand jerks on the road. Apart from this, there are various other technical…

Continue

Social Media Marketing Slideshow for Car Dealers

Forum

3 things Car Dealers are doing wrong on Facebook

Started by Myles Harris in Social Media Marketing. Last reply by Alisha Kapoor Nov 29, 2015. 1 Reply

Part of what we do at Petrol Digital is a**** a dealers Facebook page. Here are three of the most common things dealers are doing wrong on Facebook.1. Not replying to reviewsThe Facebook 5 star…Continue

Tags: Facebook

End of the Road for Auto Repair Shops? Research White Paper for Automotive Professionals and Owners

Started by Russell Logan in Traffic Sep 22, 2014. 0 Replies

It's the end of summer and time to get back to work. However, are you noticing that the soft summer season seems to be lasting a bit longer?We think it is more than just seasonal - and in fact - have…Continue

Tags: automotive, repair, owners, shops, part

Cut your Floorplan rate in half

Started by Chad Gutschow in Social Media Marketing Aug 23, 2014. 0 Replies

Banking the with the most competitive Automotive Floor-Plan Lender will increase your profit marginWe offer Franchised and Independent Auto Dealers integrated financial solutions to help you sell…Continue

Millennials "bypass" social media? Really?

Started by Matthew Russo in Social Media Marketing Aug 16, 2014. 0 Replies

Recently, AutoTrader.com ran their own survey of 1,900 car buyers (300 of which were millennials) and came to the conclusion that "just 1 percent of car buyers use social sites to shop for a…Continue

Social Media Report

Started by Matthew Russo in Social Media Marketing Aug 12, 2014. 0 Replies

Greetings everyone. Our company - Social Auto Leads - is putting together a report on the state of social media within individual dealerships. If you would like to participate (either anonymously or…Continue

Mitsubishi Cars in KC

Started by Neal Weaver in Social Media Marketing Apr 22, 2014. 0 Replies

Visit Northtowne Mitsubishi Kansas city to learn about new Mitsubishi, used car & auto repair. Premier KC Mitsubishi dealer providing the 2013-2014 Lancer, Outlander, Mirage, lancer Evolution,…Continue

Tags: KC, in, Car, Mitsubishi

Mazda Cars in KC

Started by Neal Weaver in Sales and Selling on the Social web Apr 22, 2014. 0 Replies

Northtowne Mazda website offer you cars like the 2014 Mazda Mx-5, a crossover like the CX-5, or an ultra-efficient passenger car like the 2013 Mazda6 & 2013 Mazda3, our website offers an…Continue

Tags: Dealership, Mazda, City, Kansas

Do social media sites help dealers?

Started by Pat McKemy in Traffic Apr 16, 2014. 0 Replies

FaceBook, Twitter, Google Plus and some other social media sites are being used by businesses for quite some time now. Even I am one of those but do these sites really help your business is what I…Continue

Tags: media, social, Facebook

Do reviews help a business?

Started by Pat McKemy in Traffic Feb 10, 2014. 0 Replies

I would like to know what role do positive or for that matter negative reviews help a website or business gain traffic, leads or conversions. Is it true that positive reviews can help a business…Continue

7 marketing strategies to sell more inventory in 2014

Started by Michael Badders in Uncategorized. Last reply by Michael Badders Jan 24, 2014. 1 Reply

Everyone wants to increase sales, so what is NEW in your marketing plan to help you reach your 2014 sales goals?  Do you have any of the following 7 strategies in your marketing mix?  If so, which…Continue

Tags: Sales, Mobile, Social, Software, Youtube

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