When cars in your local market drive across your dealership’s service drive, the dealership hits a double home run. Sell the labor at a respectable profit margin, typically 70% margin or more, and you sell a part that goes along with that repair at about a 35-40%...
Whether you’re the General Manager, Fixed Ops Manager, or the Parts Manager, we can all agree that it is harder than ever to generate or even retain profit margins in our new car dealerships. However, Parts Managers have the uniquely difficult problem of overseeing...
South Dakota v. Wayfair, Inc. In the long-standing debate over eCommerce sales tax, South Dakota v. Wayfair, Inc., the Supreme Court has ruled in favor of South Dakota. What does this mean, exactly? In simple terms, it means that South Dakota can require...
Selling parts and accessories online is a great way to increase your parts department revenue, however, its important to protect yourself from online fraud. A few big fraud orders can really take a bite out of your profits, so constant vigilance is essential to your...
A lot of GMs don’t spend enough time with the parts department to understand how everything works. With so much focus on vehicle sales, the parts and service department ends up taking a backseat to dealership operations. It ends up hurting the dealership as a whole...
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