According to ADESA, the used vehicle market is valued at almost half a trillion dollars, and it has not stopped growing yet. With
the recent recession, more and more consumers are turning to used-vehicles for purchase. As a dealer, you are primarily
concerned about your bottom line. How has new technology impacted your bottom line? Based on research from J.D. Powers & Associates,
among all used-vehicle buyers, 36 percent say their make and model decisions were impacted by information found online. Among
automotive Internet users, 85 percent say
“AMONG AUTOMOTIVE INTERNET USERS, 85 PERCENT SAY THE INTERNET IMPACTED THE PRICE THEY PAID FOR THEIR VEHICLE.”
the Internet impacted the price they paid for their vehicle. Dealers cannot continue idle as
the Internet technology tsunami strikes with force- they must stay on top of market trends. Still debating on how you’re going to
manage your entire inventory while maintaining compliance to all government regulations? Rest assured that technology also provides
the opportunity for increased efficiency and peace of mind with new Dealer Management Systems and tools being introduced. The
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days of old-fashioned journal entries and hand written
car jackets have all but come to end. However, some dealers continue to use outdated software to manage their dealership, and
it could be costing them thousands of dollars, if not more. Recent unveiled tools include mobile purchasing applications and
mass inventory uploads to on-line auto sites like Cars.com and AutoTrader.com. Behind the nip and tucks there’s a makeover
underway to make the dealer’s life a lot easier. Easy and simple are words any dealer would love to hear. Software providers
are looking to offer dealers a one-stop solution for all their business needs. DealPack, one of the nation’s leading DMS
solutions, is fully integrated with BookItOut, Inc. BookItOut offers dealers a suite of purchase and sales tools. DealPack’s
integration with BookItOut helps simplify every aspect of doing business as a dealer. Users can maintain proper accounting,
receive actual price valuations on vehicles, real-time market analysis, and upload their inventory to the hottest consumer
website in a seamless and affordable manner. As a dealer, don’t get left behind; you must change with the times and leverage
technology to your advantage. Sometimes change can be hard, but making the change to innovative Dealer Management Systems
offering full integration should be a no brainer.
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