Gabe Carlos’ Post

Check out this September’s OEM Insider article titled, Building Your Dealership Investment Team. This month’s article reviews potential sources of capital needed to purchase a new car dealership. Each month, automotive veteran, Steve Corle provides information to assist dealer candidates with prepping for OEM approval. You can download the article here: https://lnkd.in/ezJENkxY

Check out this months OEM Insider

MILES OF FREEDOM – New Exclusionary Coverage UNLIMITED TIME with four mileage options: 80K, 100K, 125K, and 150K, across 15 classes. NEW VEHICLES ·        Eligible vehicles: 0 to 12,000 miles, current model year plus one year, still under OEM Warranty. LIKE NEW VEHICLES ·        Eligible vehicles: 12,001 to 36,000 miles, current model year plus two years, still under OEM Warranty. PRE-OWNED VEHICLES ·        Eligible vehicles: 36,001 to 50,000 miles, current model year plus ten years, outside OEM Warranty. ·        Eligible vehicles: 50,001 to 80,000 miles, current model year plus ten years. ·        Eligible vehicles: 80,001 to 100,000 miles, current model year plus ten years. Let’s buckle up and make the last half of the year our best yet. Together, we can achieve amazing things.

Ever thought about leveling up your auto shop's offerings? In this article, sponsored by Lexus North America, we explore the benefits of Lexus Market Value Pricing (MVP) parts that give you great quality without breaking the bank. With easy manufacturing and plenty of fitment options, they’re perfect for keeping your customers happy. Plus, you get the peace of mind that comes with Lexus Original Equipment and a solid warranty. Check out how Lexus MVP parts can help your shop thrive! https://ow.ly/5ywn50Tz0tP

Ever thought about leveling up your auto shop's offerings? In this article, sponsored by Lexus North America, we explore the benefits of Lexus Market Value Pricing (MVP) parts that give you great quality without breaking the bank. With easy manufacturing and plenty of fitment options, they’re perfect for keeping your customers happy. Plus, you get the peace of mind that comes with Lexus Original Equipment and a solid warranty. Check out how Lexus MVP parts can help your shop thrive! https://ow.ly/5ywn50Tz0tP

New car prices are dropping—but *not* everywhere. Since the start of the year: • Dodge has led the way with a nearly 13% decline in average transaction price. • Toyota and Subaru have defied gravity—their transaction prices have actually *increased*. • The average transaction price across all brands has declined 5%. More price declines on the horizon? I think so. But the big question is how much and for how long. (Data via CarEdge)

In the competitive So Cal automotive market, how does a small Inland Empire Ford dealer stand out against industry giants? The answer: Leveraging the power of service reviews. Raceway Ford has mastered this strategy with autorepair-review.com: ~8,300+ reviews ~90% 4-5 star ratings ~Page 1 ranking for local Ford dealer searches This impressive online presence attracts new car buyers and builds a loyal service customer base.

Inventory keeps climbing 📈 Days on Lot for new cars is now up 45% year-over-year. March ‘24 (March ‘23) New 85 days (57 days) Used 53 days (32 days) Outperforming: Toyota and Honda Underperforming: Chrysler, Dodge, Jeep, Ram The biggest question on my mind: How many price cuts will it take until CDJR becomes competitive again? More insights here: fullpath.com/data-insights (Data via CDG Partner: Fullpath #fullpathpartner)

Forgive the self-promotion, but I have to thank David Tracy and The Autopian for publishing my deep dive on the rise, fall, rise, fall, rise, and ultimate collapse of small car sales in America. I really respect their dedication to stories you won't find anywhere else. I was fascinated to learn that small car sales are tied to more than just gas prices. Through research and interviews, it started to become clear just how much inflation and interest rates drive the market. And after several record years for both, consumers and automakers are feeling the pain of having fewer small car options. Are small cars due for another renaissance? https://lnkd.in/epAZvhrC

I would love to share with you all another great article about the transforming Automotive industry: