If You Can’t Buy ‘Em, Fix ‘Em

By Desiree Bradsher - August 11, 2021

Due to a global chip shortage putting a squeeze on car production, trends show that more consumers are opting to purchase used cars. The issue this presents is that used car prices have soared right along with the prices of new cars. Is there any other option out there if paying the surging prices is out of the question? Absolutely. Consumers are tuning up the cars they already own.

According to the most recent read on inflation, used car and truck prices rose by more than 45% last month. Looking at the numbers, it is very clear that consumers are going the repair route. Large repair shops and auto parts companies are hitting record highs in stock prices. This leads to more car sales companies weighing the pros and cons of opening their own service shops rather than outsourcing to others as they have in the past in order to keep those profits in their business. This especially comes into play when it has proven in recent years that vehicle owners have shown a growing preference for their maintenance and repair services being performed at the car dealerships where their vehicles were originally purchased.

Whether running a standalone repair shop or having your shop be an addition to your sales or finance company, you will want a Dealer Management System such as Deal Pack that streamlines your business and seamlessly integrates each branch of your company.

If you would like additional information about Deal Pack or would like to request a demo, reach out to our support line at (800) 526-5832 or email us at support@abcoa.com.

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