BHPH Auto Dealership Accepts Bitcoin for Used Cars
It’s no secret that digital technology is changing BHPH auto dealership sales and business models. (See our article, Boost Sales by Updating Marketing.) One BHPH dealership in Danbury, Connecticut is... Read More
Debunking Floor Plan Financing Myths
For many independent dealerships, floor plan financing is arguably the best way to handle inventory. However, there seem to be some common misconceptions among dealers about exactly how floor plan... Read More
Carvana and Self-Service Used Car Sales
It seems as if everything these days is become automated, online, or autonomous, and car sales is no exception. Recently named one of the best used car websites on the... Read More
Ford Teams with Alibaba in China
American automaker Ford is teaming with Chinese online sales giant Alibaba to both access the Chinese auto market and to better build the new generation of vehicles. From technology to... Read More
Why Some Family-Owned Auto Dealers are Calling It Quits
The value of a car dealership is at an all-time high, so why are some “mom and pop” dealers selling out? According to Kerrigan Advisors, a dealership consulting company, the... Read More
Navigating Used Car Warranties
By Jim Radogna Rarely a day goes by without a dealer somewhere receiving a letter or lawsuit regarding an alleged breach of warranty. The federal Magnuson-Moss Warranty Act, the Uniform... Read More