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Today on Daily News You Can Use, Ray and Zach share the latest data from automakers, and it isn't pretty. Used car prices continue to increase, and new car inventory struggles to get to dealer's lots. What happens next? Tune in to hear from Ray and Zach!
Today on Daily News You Can Use, Ray and Zach discuss record setting car dealer profits. Front end profits are up. Back end profits are up. Sales, general, and administrative costs are down. How did car dealers become the biggest winners from the pandemic? Tune in!
Today on Daily News You Can Use, Ray, Kimberly, and Zach discuss Toyota's Toyoguard, an OPTIONAL product that you cannot actually get removed from Toyota vehicles. Ray and Kimberly discuss the history of "distributors" and how Southeast Toyota Finance is taking advantage of consumers. That and more!
Today on Daily News You Can Use, Ray and Zach discuss a newly proposed bill that would be a tax break for car dealers. Plus, Ford's earnings came out, and the automaker lost more than $3b in the quarter. Wow. Be sure to tune in!
Today on Daily News You Can Use, Ray and Zach discuss the latest earnings from General Motors and Ford. Plus, Carvana's stock has fallen 76% in the last year and their balance sheet doesn't look good. What happens next? Be sure to tune in!
Today on Daily News You Can Use, Ray and Zach review the latest new and used car market data. Wholesale used car prices continue to decline, while retail prices stay high. What about new cars? Wait times on orders is going up, up, up. Tune in to learn more.
Today on Daily News You Can Use, Ray and Zach discuss automakers who want customers to subscribe and pay for features in their cars. Also we have a chip shortage update, and plenty more! Be sure to tune in!
Today on Daily News You Can Use, Ray, Kimberly, and Zach discuss a tactic Finance Managers use all the time to get customers to buy extended warranties even though it is illegal. Plus we talk about getting the best interest rate, Koons Kia, and more. Be sure to tune in!
Today on Daily News You Can Use, Ray and Zach discuss Carvana's Q1 earnings (they lost over $500m), and Vroom's latest lawsuit from the state of Texas. Will either company be able to continue after this bad news? Tune in!
Today on Daily News You Can Use, Ray and Zach discuss Koons Kia in Owings Mills, MD. They were fined $1.1M by the Maryland Attorney General for charging customers fake fees. The tide is turning! Be sure to tune in.
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