- September 15, 2020
- By Fraser Brown
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Strong public demand for the range of newly launched 70 plate models will make this a profitable quarter for many dealers, motor trade sales expert Fraser Brown predicts. Business in used cars has been brisk and has allowed dealerships to make a strong recovery, especially those that responded to the reopening of showrooms on 1st June by reinstating their sales and marketing teams.
Dealerships are losing up to 25 per cent gross profit on every used car due to the delays in preparing vehicles for sale, according to motor trade expert Fraser Brown. Whilst many have vehicle progressor and paper-based systems charting the progress of vehicles from car auction or trade-in to forecourt, they are often outdated and vastly underestimate preparation times.
The MotorVise Showroom Solution enables dealerships to reduce costs, create efficiencies and improve productivity by replacing multiple systems and software with just one centralised approach. It offers dealerships a fully paperless and contactless system, designed to reduce the need for re-keying of information and duplication of customer data.
A long-term recession is both unlikely and unnecessary – if businesses ignore the normal hard-line approach of financial directors, according to automotive sales expert, Fraser Brown. “The answer lies in the way businesses are managed and changing the preconceptions of how we deal with such a situation.”
MotorVise Automotive has teamed up with Drive Assured and The Compliance Company to form a Motor Alliance to pool their expertise around the key areas of sales growth, insurance, and non-insurance products, and Financial Conduct Authority (FCA) compliance for finance and insurance.
Automotive industry expert Fraser Brown is calling upon motor dealerships to lobby the government to adopt a ‘game-changing’ £6,000 scrappage scheme that would ensure a widescale switch to electric vehicles.