Key Dealertrack Technology Solutions

by Dealertrack on December 23, 2016

Let’s face it: the business of automotive retail is changing.Today, car buyers spend more time shopping online and less time going to dealerships; when they do walk into a showroom, it's likely that they know what they want, right down to the amount of time they're willing to spend on the deal. That's where good technology helps,...

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Menu Selling Tips and Advice

by Dealertrack on December 16, 2016

When sales and showroom traffic cool, dealers usually turn up the temperature on F&I revenue – especially dealer reserve.But that’s changing, thanks to the current regulatory environment, as well as customer expectations around financing. Today, the heat is still on the F&I department, but this time it’s all about flat-rat...

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Fast and Efficient Contracting is Changing the Way Deals are Done

by Dealertrack on November 21, 2016

Good technology simplifies. It creates efficiencies in process, and expands the possibilities of increased profitability -- in the short term and long term. As critical aspects of the automotive retail workflow evolve with technology, dealerships and the lenders they do business with are beginning to see these improvements come to life, especial...

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CUES: Technology Drives Faster Loan Approval

by Dealertrack on September 28, 2016

It can’t be overstated: Speed is vital when it comes to the services indirect lenders provide dealers. From loan approvals to the funding of signed contracts and the management of documentation, dealers expect fast service that meets the ever-growing expectations of their customers. Dealership managers are increasingly under pressure to save t...

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F&I Compliance Tip: Monitor Dealership Activity

by Dealertrack on September 8, 2016

One of the biggest threats to dealership compliance is inside the showroom. That’s right: your employees. Some studies claim that a majority of data breaches are caused by workers, a sobering statistic that may be due to negligence or mistakes – such as leaving credit applications, credit reports and deal jackets open and in plain sight...

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F&I and Showroom: Merging Technology with F&I Product Sales

by Dealertrack on August 19, 2016

Technology, on its own, does little to sell cars.  But when technology is applied to a human process, that’s when it becomes a powerful force in the showroom. Few things better represent that effectiveness than F&I product sales. It’s here, right after the deal, where opportunity exists – as well as risk. Make customers wait too l...

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F&I Compliance Tip: Red Flags Rule

by Dealertrack on August 18, 2016

Designed to prevent your dealership from becoming a victim of identity fraud, the “Red Flags Rule” requires your dealership to develop and implement a written Identity Theft Prevention Program (ITPP) to detect, prevent, and mitigate identity theft. This...

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Three Ways to Protect Your Deals and Defend Your Dealership

by Dealertrack on August 13, 2016

Bring up the topic of compliance and many dealers feel a headache coming on. And for good reason.  With so many laws, regulations, and rules to contend with it’s easy for dealers to feel frustrated and confused. The trouble is that non-compliance can lead to thousands of dollars in fines, class-action penalties, and reputation damage. And...

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Mobile in the Showroom: Why it Fits

by Dealertrack on July 16, 2016

It’s been debated at conferences, in showrooms, talked about over dinners, written about, studied and queried. Still, the question – and the debate – rages.Mobile. Does it fit in the dealership showroom?The short answer is yes. Of course. And if you’ve not integrated mobile devices throughout your sales showroom experience,...

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