In today’s competitive automotive market, selling vehicle service contracts (VSCs) requires more than just a scripted pitch. Dealership finance managers must think outside the box to connect with customers, address their concerns, and highlight the value of extended coverage. By leveraging creative strategies, finance managers can not only increase VSC sales but also build lasting… Continue reading Think Outside the Box: Creative Strategies for Selling Vehicle Service Contracts
Author: Jason Coulter
2025 Trends in Automotive Finance: Preparing for a Transformative Year
As the automotive industry enters 2025, the landscape of financing is undergoing significant transformation. From the rise of electric vehicles (EVs) to the increasing role of artificial intelligence (AI), this year promises to be a pivotal one for finance managers, dealerships, and industry leaders. This article explores the key trends that will shape automotive finance… Continue reading 2025 Trends in Automotive Finance: Preparing for a Transformative Year
Building a Winning Service Department: Strategies for Maximizing Customer Retention and Profitability
A successful service department is the cornerstone of any thriving dealership. It’s where customer loyalty is solidified, profitability is enhanced, and a dealership’s reputation is defined. In today’s competitive automotive market, building a service department that excels in both customer retention and profitability requires a strategic approach focused on service excellence, customer experience, and operational… Continue reading Building a Winning Service Department: Strategies for Maximizing Customer Retention and Profitability
The Great Resignation and Your Dealership: How to Attract and Retain Top Talent in a Competitive Market
The automotive industry is grappling with the effects of the Great Resignation, as employees across sectors prioritize work-life balance, professional growth, and meaningful work. For dealerships, this workforce shift presents challenges and opportunities. In this guide, we’ll explore how your dealership can adapt to attract and retain top talent, with actionable insights to thrive in… Continue reading The Great Resignation and Your Dealership: How to Attract and Retain Top Talent in a Competitive Market
Power Up Your Sales: Extended EV Battery Coverage for Auto Dealerships
Pessada Holdings: Driving the Future of Automotive Success The electric vehicle (EV) revolution is here, and with it comes a unique opportunity for auto dealerships to enhance their offerings and drive revenue. While EVs offer numerous benefits, one concern for potential buyers remains: battery life and replacement costs. This is where extended EV battery coverage… Continue reading Power Up Your Sales: Extended EV Battery Coverage for Auto Dealerships
Top 10 Challenges Facing the Automotive Industry in 2025 (And How Dealers Can Overcome Them)
The automotive industry is entering a transformative period in 2025, with technological advancements, economic uncertainties, and changing consumer expectations reshaping the landscape. Dealers, OEMs, and stakeholders must adapt to these challenges to remain competitive. This blog explores the top 10 challenges facing the automotive industry in 2025 and provides actionable strategies for dealers to overcome them.… Continue reading Top 10 Challenges Facing the Automotive Industry in 2025 (And How Dealers Can Overcome Them)
The Future of Automotive Finance: Trends Every Dealer Needs to Know for 2025 and Beyond
The automotive finance industry is rapidly evolving, driven by technological advancements, changing consumer preferences, and shifting economic conditions. For dealers, staying ahead of these trends is critical to maintaining profitability, enhancing customer satisfaction, and staying competitive. This comprehensive guide explores the key trends shaping automotive finance in 2025 and beyond. Technology-Driven Trends in Automotive Finance… Continue reading The Future of Automotive Finance: Trends Every Dealer Needs to Know for 2025 and Beyond
From Breakdown to Back on the Road: How Service Contracts Streamline Repairs
When your vehicle breaks down, the last thing you want to worry about is navigating the complexities of repairs, unexpected expenses, or miscommunication with your repair shop. That’s where a service contract comes in—a lifesaver that not only protects your budget but also makes the entire repair process straightforward and hassle-free. Whether you purchased your… Continue reading From Breakdown to Back on the Road: How Service Contracts Streamline Repairs
Noble Quote: Premium Vehicle Breakdown Protection for Every Driver
When it comes to vehicle protection, Noble Quote stands out as a trusted provider of extended service contracts designed to keep drivers on the road with confidence. Powered by the expertise of Pessada, the administrator for Dealers Resource Center, Noble Quote delivers high-quality coverage options tailored to meet the diverse needs of today’s vehicle owners.… Continue reading Noble Quote: Premium Vehicle Breakdown Protection for Every Driver
Adapting to Change: Best Practices for Automotive Finance Managers in a Shifting Landscape
In the ever-evolving automotive industry, finance managers play a critical role in dealership profitability. As market conditions shift, so do customer expectations, lending standards, and regulatory requirements. To stay competitive, automotive finance managers must be proactive, adaptable, and well-informed. This article explores best practices for finance managers who sell service contracts, helping them thrive in… Continue reading Adapting to Change: Best Practices for Automotive Finance Managers in a Shifting Landscape