Maximizing profits at your dealership has never been more important or difficult given what’s expected to be a tough 2019 for auto sales. Now is the time to implement programs to boost sales, increase profits and cut costs in the face of a slowing economy, rising interest rates and predictions of a significant decline in sales.
Despite last year’s near-record sales, dealer expenses outpaced inflation and NADA said total operating profit declined by 74%. Something has to change.
FLADCO is dedicated to helping you cut costs and increase profits, and we’re excited to offer a number of new tools to ensure your dealership thrives in this challenging environment. These include:
- LotLinx, which uses artificial intelligence to move your inventory faster. It quickly connects cars dealers are eager to sell with customers ready to buy with a unique VIN-specific approach that gets the right eyes on the right vehicle details pages. Moving cars more quickly is even more important now that interest rates have risen.
- PermaSafe, a high-tech vehicle disinfection and long-term microbial control system and surface protectant. This profitable option is proving hugely popular with customers concerned about germs, microbes and viruses in their interiors.
- KeyFetch, a plan that offers reimbursement for lost or stolen keys and fobs that includes a smart key chain to aid in recovery. This offering has high customer satisfaction and is another compelling tool for your F&I office.
These new offerings join our full suite of vetted suppliers providing discounted group purchasing for all the products and services your dealership needs. We back it all with comprehensive service that lets you focus on growing your business and selling more vehicles.
To learn more about what you can do to reduce expenses and get more profit out of every sale, contact FLADCO