Welcome to the Wednesday, May 8, 2023, edition of WardsAuto Dealer 5. As always, there's plenty of news about the auto sector. We've gathered some of the most notable stories from WardsAuto and beyond to ensure you are in the know.
The IRS has scaled back the number of available vehicles qualifying for the clean-vehicle tax credit. But as manufacturers push to satisfy the new requirements, there is hope that the list will get longer.
Dealers who encourage collaboration and brainstorming between departments will optimize the ownership experience and heighten opportunities to sell the customer that next vehicle.
ProfitTime® GPS: Make EVERY APPRAISAL with a North Star As the search for inventory moves to less-traditional sourcing channels and vehicle values are more volatile than ever, many dealers are struggling with appraisals that are wildly inconsistent. But, dealers appraising with the “North Star” approach inside ProfitTime GPS have found a better way. Learn more about it!
That’s our WardsAuto Dealer 5 for today. We’ll be back soon with more high fives.
As always, please feel free to pass this along to your colleagues and others who are interested in automotive insights.
If you have questions, concerns or story ideas, please contact editor Nancy Dunham at NDunham@WardsAuto.com Thanks for reading. We'll be back soon with more of the latest news.
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