Car & Driver recently posted an article about the increasing average age of vehicles on the road today, in California its over 12 years now, however, it is not new or solely a result of the current pandemic. Back in May, I co-hosted a webinar with DealerBuilt - LightYear Dealer Technologies CRO Keith Baker and we discussed how, pre-COVID-19, the fixed ops department was already rising to the forefront of dealership revenue as a result of the increasing length of ownership. The Covid-19 crisis will also add to the age of vehicles for sure as people hold on to them longer trying to navigate thru this situation and dealers need to increase their attention on the Service Drive to retain existing business and attract new customers as well. If you would like to know how your dealerships DMS can do more than store data for your dealership check out the webinar here, https://lnkd.in/gEZyQYb , or give me a call! :)
The Car & Driver post with stats on vehicle age is here, https://lnkd.in/dcC-JMT
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Mike theCarGuy
Hey there, I'm Mike theCarGuy and here are some of my thoughts about cars, the car business and sales! Take a look around, maybe you will learn something or at the very least find your self smiling, and if you do... leave me a comment so I know I at least did something right! Thanks for stoppin by...
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