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Category: Auto Remarketing

Tricks of the Trade for Improving Inventory Acquisition from Auctions

Tricks of the Trade for Improving Inventory Acquisition from Auctions

Auto industry guru, Dale Pollack, recently wrote an article in AutoRemarketing on “four ways to turn auctions cars into advantage” at used-car dealerships. Pollack suggests the following recommendations for dealers to instrumentally source auction cars: Know exactly what to buy Know where to buy Buy at the right price Do it all faster Any professional in the pre-owned industry knows that acquiring profitable, quickly-sold inventory requires a lot of skill and a little bit of luck. Unfortunately, predetermining the exact make, model,…

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MyDealerOnline Mentioned in TechCrunch as Quality Lead Generator for the Automotive Sector

MyDealerOnline Mentioned in TechCrunch as Quality Lead Generator for the Automotive Sector

In a recent TechCrunch article, “The Future of Lead Generation,” MyDealerOnline is mentioned as a startup aimed at empowering both consumers and dealers during the car buying and selling process. With MyDealerOnline’s technology, consumers are given access to automotive auction inventory, presenting car shoppers with a greater selection of vehicles at the best possible prices. Traditionally, quality auction vehicles are only obtained by licensed car dealers at dealer-only auctions. MyDealerOnline’s technology connects consumers to auction inventory by allowing dealers to display thousands of auction vehicles on…

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Independent Dealers Have No Fear, Online Inventory is Here

Independent Dealers Have No Fear, Online Inventory is Here

As more and more franchise dealerships step into the used-car sector, independent used-car dealers are finding themselves with greater competition than ever before. Not only are they competing with the dozens of other independent dealerships within a five mile radius, but also the colossal franchise dealerships with a greater inventory selection and a seemingless endless stream of cash flow.  With 40 million used cars sold in 2015, both franchise and independent dealers are fighting for a piece of the pre-owned…

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Three’s a Party: The Role of Third Party Sites in Automotive Retail

Three’s a Party: The Role of Third Party Sites in Automotive Retail

Traditional automotive retail consists of two main players; the dealer and the consumer. Modern automotive retail consists of the dealer, the consumer and every other factor that now influences consumers’ car buying decisions. From consumer shopping guides, to dealership reviews, to social recommendations on Facebook, we are given countless resources as consumers to guide our purchasing decisions in today’s digitally-connected, review-friendly society. When it comes to third party automotive sites, three’s a party as they offer benefits for both the dealer and the consumer. This blog post explores the…

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Could The “Car Salesman” Era Be Over?

Could The “Car Salesman” Era Be Over?

When considering characteristics of car salesmen, what do you think of? Would it depend on how quickly you want to take home a car, the type of mood you are in, or simply past experiences? Car Salesmen are aggressive but successful, and also aggravating but consistent. It is because of these characteristics that car sales have been steadily selling in the past years of this industry. Edmunds.com decides to take a look at the profession from the salesman’s perspective rather…

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Bringing the Auto Industry Up to Speed with Modern Technology

Bringing the Auto Industry Up to Speed with Modern Technology

If you think back ten years ago to 2006, how much did you know about technology? Did you have a computer in your own home? If so, did you use that computer nearly as much as you do now? Chances are you depend more on the internet now more than ever before for various aspects of your daily life. Access to online bill paying, virtual GPS systems for directions, and even the real estate market are prime examples of the…

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Winter Storm Jonas Hit the East Coast Hard. Here’s How to Prevent your Dealership from Taking a Hit in Harsh Winter Weather Conditions.

Winter Storm Jonas Hit the East Coast Hard. Here’s How to Prevent your Dealership from Taking a Hit in Harsh Winter Weather Conditions.

With as warm and unpredictable as this winter season has been, it was an exciting change of pace when Winter Storm Jonas hit the east coast. The biggest downside to having a winter wonderland, however, has everything to do with our automobiles. Clearing out mountains of snow on driveways, salting sidewalks and streets to prevent slippery conditions, and increased risks while driving are just a few setbacks that result from these anticipated snow days. With all of the stress winter…

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General Motors Succeeds in Tackling All Aspects of the Upcoming Automotive Industry, Even Millennials

General Motors Succeeds in Tackling All Aspects of the Upcoming Automotive Industry, Even Millennials

News is going viral that within the next month General Motors will release an online platform to market and sell their used-car inventory. You may not think this is the first of it’s kind, but they have further released news about the additional features that will be offered to customers. AutoRemarketing states that some of those features include bumper-to-bumper warranties, flexible exchange programs, and bonus features added to the car itself such as an OnStar Guidance Plan, roadside assistance and satellite radio…

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MyDealerOnline Receives $1M in Funding to kick off the New Year | Business Wire

MyDealerOnline Receives $1M in Funding to kick off the New Year | Business Wire

LANGHORNE, Pa.–(BUSINESS WIRE)–MyDealerOnline®, Inc., the only digital product that allows car dealers to broker wholesale auto auction inventory straight from their own websites, is starting the new year off strong after receiving $1M in funding just before the close of 2015. With recent developments like new product features, prosperous partnerships and industry recognition, MyDealerOnline successfully secured financial support from the same group of investors as prior funding rounds. Now totaling $3.25M in funding, the additional $1M allows MyDealerOnline to focus…

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Autonomous Features in Cars Are No Longer an Anomaly in the Automotive Industry

Autonomous Features in Cars Are No Longer an Anomaly in the Automotive Industry

The future might be just around the corner, as reported by AutoRemarketing. Research shows that autonomous cars, or cars that are able to drive on their own, may be readily available to the public in the millennials’ lifetime. Some experts further say that they could be presented to the public in as little as 10 years.  Sounds impossible, but take into consideration the autonomous features that already are in existence. We have sensors that detect and signal warnings when our cars…

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