FLADCO News

Superior Inventory Management Keeps Repair Shops Humming

Posted by Mark Mackson on Oct 9, 2019 9:01:11 AM

With margins shrinking or even disappearing on vehicle sales, you need to find profit wherever you can to help your dealership thrive. One surprising spot to generate profits is in the small supplies your repair shops use.

Help Buyers Pay Off Loans Faster and Add F&I Revenue with AutoPayPlus

Posted by Mark Mackson on Sep 18, 2019 5:45:00 AM

As prices for new and used vehicles keep rising, finding innovative financing solutions for customers is critical to closing more deals. And as auto loan terms continue to set records, longer loan terms are becoming commonplace.

Capture long-term profitable relationships with ReminderTRAX

Posted by Mark Mackson on Sep 4, 2019 5:55:00 AM

Forbes reported last week that the average new car dealer operated at a financial loss in 2018. Dealers lost an average of $735 on each new car sold as competitive pricing ate away margins.

Keep your service bays full with ReminderTRAX

Posted by Mark Mackson on Aug 28, 2019 5:55:00 AM

Fears of a recession continue to loom and the latest salvos in the ongoing trade war involve increase tariffs on products that include light vehicles and auto repair parts. As new vehicle sales slow, many dealers are turning to the service department to keep revenue flowing.

Turn your communication system into a sales engine

Posted by Mark Mackson on Aug 21, 2019 9:12:02 AM

Customers have never had more ways to contact dealerships. Between landlines, cellphones, email and the web, capturing customer information can feel overwhelming. Leveraging all the information you can is a big way of turning leads into closed sales, so you want to capture every detail possible with your customer interactions.

RoadVantage increases customer satisfaction and F&I sales

Posted by Mark Mackson on Aug 14, 2019 5:55:00 AM

Last week, we told you about the RoadVantage collection of F&I products and a few of the reasons it’s the fastest-growing F&I provider in the country – and why it keeps earning Diamond Dealers’ Choice Awards year after year. The biggest one is that dealers and their customers love RoadVantage. Taking a closer look explains why.

Sell more F&I products by offering what customers truly want

Posted by Mark Mackson on Aug 7, 2019 5:55:00 AM

U.S. auto sales have declined for seven straight months and Moody’s is predicting continued declines through 2020. Unless you’re selling one of the handful of growing brands, you’re seeing less foot traffic and lower sales. Maintaining profitability with fewer customers and lower sales means you’ll have to convert more opportunities – and do so more profitably – in the F&I office.

WiseMVP Turns Old Trades into New Profits

Posted by Mark Mackson on Jul 31, 2019 5:55:00 AM

Last week we told you about a unique high-mileage vehicle service contract plan called WiseMVP. This protection from Wise F&I is more important than ever, as customers keep their cars longer and more trades come in with well over 100,000 miles.

Sell More Pre-Owned Vehicles, Get Bigger Profits with WiseMVP

Posted by Mark Mackson on Jul 25, 2019 5:55:00 AM

The average age of Americans’ vehicles is nearly 12 years – the highest figure ever recorded. Increased reliability and economic forces are keeping vehicles on the road longer than ever. When they finally do hit dealer lots as trades, it seems inevitable these older vehicles will be destined for unprofitable auctions.

Keys Find Their Way Home with KeyFetch

Posted by Mark Mackson on Jul 17, 2019 5:55:00 AM

Even the best insurance is a bit painful when customers have to use it. Costs and premiums rise and in the case of key protection, customers are still left with the hassle of working with the dealership to get a new key and fob.