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Report: Dealers Must Recapture Lost Profits in 2020

A new whitepaper from IAS offers a three-step plan for driving F&I and service drive sales as new vehicle sales plateau and margin compression continues to chip away at profits.

March 3, 2020
Report: Dealers Must Recapture Lost Profits in 2020

A new whitepaper from IAS offers a three-step plan for driving F&I and service drive sales as new vehicle sales plateau and margin compression continues to chip away at profits.

1 min to read


AUSTIN, Texas — IAS announced the release of “3 Ways to Save Money and Sell More Cars,” a complimentary, downloadable whitepaper intended to help dealers offset profits lost to declining new vehicle sales and intense margin compression.

No dealer is unaware of the fact that selling new vehicles is not as profitable as it once was, but few dealers are aware of many of the important advances that have emerged over the past couple of years.

The whitepaper offers a detailed road to success, exploring the benefits and possibilities of three emerging dealership tools: automated equity mining, service drive sales, and dealer branded marketing.

“No dealer is unaware of the fact that selling new vehicles is not as profitable as it once was, but few dealers are aware of many of the important advances that have emerged over the past couple of years,” said Todd Stewart, Senior Vice President of Sales with IAS’ Dealer Wizard.“We wrote ‘3 Ways’ to shed light on new profit drivers and best practices that will lead to more F&I and fixed ops revenue.”

To download a complimentary copy of “3 Ways to Save Money and Sell More Cars,” click here.

 

Originally posted on F&I and Showroom

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