WardsAuto Dealer 5
 
WardsAuto Dealer 5
 

JUNE 27, 2022

1.

Is EV Range Anxiety Still a Thing? Very Much So

I’m reluctant to count on any BEV for more than local travel. Regardless of how much range its battery is allegedly capable of delivering, the real number is largely dependent on conditions, some beyond our control.

Full article

2.

Ford: Dealers May Block Customers from Reselling their F-150 Lightning

Buying a Ford F-150 Lightning electric pickup? We hope you’re happy with it. You may be stuck with the truck for a year. Ford will allow dealers to insert language into purchase contracts that blocks buyers from reselling their truck for a year after purchase.

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Kelley Blue Book

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3.

CarBeast Nudges Owners Toward Service

This virtual service advisor is the WebMD of car maintenance, repair.

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4.

Subscription Model Designed to Ease Consumers Into BEVs

What if potential intenders could try living with a BEV for three or more months, on a subscription basis, before deciding whether to make the major investment of buying or leasing one? A new Santa Monica, CA-based company called Autonomy offers that opportunity.

Full article

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Upside™ Turns Old Wholesale Wisdom Upside Down
Think you have to turn away trades you don’t plan to retail? Think again. Wholesaling with Upside, there’s profit to be made from almost any trade. And even more value in that customer who wants to make the deal. Learn how to turn old wholesale wisdom upside down at TakeTheUpside.com

Volvo: Profit Margins, Not Volume, to Drive Revenue Growth

Volvo Group President and CEO Martin Lundstedt says the shift to electrification is expected to accelerate the automaker’s sales growth mainly because EVs’ profit margins are better than those of ICE vehicles.

Full article

We hope you enjoyed this edition of WardsAuto Dealer 5. 

And remember, we welcome your comments and questions. Share them with editor Nancy Dunham at NancyDunham@WardsAuto.com

Look for our next WardsAuto Dealer 5 soon.