Under the current market conditions, with new car inventory and consumer confidence both low, dealerships’ used car programs are more important than ever as a revenue and cash flow source. That puts increased focus…
3 Keys to Reimagining Your Dealership’s Back Office
Now is a great time to seek out time- and money-saving opportunities in every facet of your operation, including registration and title processing. Why? Because making your back-office processes more efficient can help address…
CASH FLOW OPPORTUNITIES: THINGS TO CONSIDER WHEN RETHINKING YOUR BACK-OFFICE PROCESS
Now more than ever, dealers are looking for ways to promote efficient processes that can stimulate healthy revenue flow for their business. After all, cash is king, especially when looking at the current state…
Complete Your Toolkit with End-to-End Titling Solutions
Does your dealership have all the technology solutions necessary to handle your most pressing registration and titling needs? Are you still using manual methods to handle part of your registration and titling workflow for…
The State of the Used Car Industry in 2020
In his Key Industry Trends for 2020 address, Cox Automotive Chief Economist Jonathan Smoke made several predictions about how used car sales can be expected to trend in the coming year. Used car sales are expected to increase…
Trade-In Titling Highlights from NADA 2020
If you weren’t at NADA or didn’t get a chance to stop by the Dealertrack booth, we don’t want you to miss out on this year’s buzz about Accelerated Title. Here’s a peek at…
Expediting Title Processing Can Save Time and Money
In our digital-first world, no one wants to wait for anything. So why does vehicle title processing still take so long? In this article from Used Car Dealer Magazine, Kaitlin Gavin, VP and General…
Improving Cash Flow with Faster Title and Lien Release
Cash is king for any business, and dealerships are no exception. Even with solid reserves and good fluidity, better cash flow always helps with your dealership’s expenses and overhead. So, how does faster title…
Your Dealership’s All-Access Pass
A customer is at your dealership ready to buy a vehicle from you and they’ve brought a trade-in. It’s game time! But trade-ins come with a lot of questions that can leave you feeling…
Maximizing Titling Efficiency to Boost Inventory Turn
Economic trends indicate that plateauing SAAR for new vehicles is likely to continue, which means that used vehicle sales will be particularly important. This isn’t surprising news, but it reinforces the importance for dealers of…
Add Confidence to Every Trade-In Deal
When your dealership uses a traditional payoff and title release process for trade-ins, there can be a lot of built-in uncertainty. Between the amount of time it takes to receive the clean title (18+…
Exploring the Dealertrack Resource Library
Whether you’re a current Dealertrack customer, dealer or lender interested in learning more about Dealertrack solutions, you’ll find a wealth of knowledge in the Dealertrack Resource Library section of our website. We’ve recently upgraded…
