The Challenge:
Shrinking profit margins

Margin compression is a reality of doing business, but more efficient tools and processes can help you reclaim profits.

What’s shrinking your margins:

High overhead costs

With an average of 6.8 third-party software integrations,1 dealers pay an estimated $42,000 in overhead costs every year.2

Employee turnover

Nearly one out of two employees leaves every year, costing your dealership an average of $45,000 each.3

Missed revenue opportunities

Dealers need to see all deal and profit margin scenarios when structuring deals.

Dealertrack DMS

Drive profitability with new and better ways to work.

Show me how

Create more efficient workflows

Dealertrack DMS integrates with almost every third-party solution so you can work faster and more efficiently.

Uncover inefficiencies

Dealertrack Performance Managers help you glean insights from DMS data, so you can focus your efforts on the most important fixes.

Reduce costs

Unlike some DMS platforms, Dealertrack DMS doesn’t charge you to access your own data, and it offers reduced data integration fees.

Desking on Dealertrack uniFI™

Desk deals faster and more profitably.

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Make more money on every deal

Deal structuring is up to 35% faster on the Dealertrack uniFI platform.4

Generate options faster

Dealertrack uniFI displays all scenarios in a single view so you can quickly and easily compare options to present to customers in seconds.

Dealertrack Accelerated Title

The only solution in the industry to speed payoff and title release process in as fast as 4-6 days.

Show me how

Move inventory faster

Faster title receipt helps you move your inventory faster — and vehicles are nearly two times more likely to sell on first pass at auction when they are accompanied by their title.5

Reduce holding costs

Moving inventory quicker reduces holding costs and protects your profitability.

Increase back-office efficiency

Streamlined processes will help your employees do more in less time, making every workday more profitable.

Dealertrack Registration & Title

Cut everything that’s been cutting into your bottom line.

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Speed up the process

Intuitive software helps to handle important tasks, helping your back-office maximizing productivity.

Widen your market

Comprehensive workflow management tools help you with DMV and state rules and regulations for both in-state and out-of-state deals.

Other Challenges?

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Resources

Dealer's Dilemma - Letting go of Old Technology eBook

Modern automotive dealerships depend on technology to meet the needs of today’s customers. Cleaning out your technology systems is just the beginning and your dealership deserves a fresh start!

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Accelerated Title eBook

Accelerated Title and how it helps to overcome traditional obstacles such as delays in title receipt, incorrect payoffs, slow inventory turn and time-consuming status tracking and reporting.

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Electronic Lien & Title eBook

Make auto lending a smooth ride with the Dealertrack Lender eBook. This eBook offers tips for optimizing your auto lending workflow.

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Don't Fear a Technology Transition

While a technology transition can seem intimidating, staying stagnant with an old DMS is much, much worse.

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Discover More Resources

References

  1. 1. 2017 Cox Automotive Community Poll (small base)
  2. 2. Avg. $500/month x 7 third-party apps x 12 months = $42,000/year
  3. 3. NADA, “2016 NADA Dealership Workforce Study.”
  4. 4. Comparison of all workflows, Dealertrack uniFI vs. Dealertrack classic platforms, internal time trials Jan 2019.
  5. 5. 2014 (2X) & 2018 (1.6X) Manheim Articles “Impact of Delayed Titles at Auction”