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The latest automotive industry trends and news from Kelley Blue Book.

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vAuto Podcast: “Getting Buy-In from the Customer”

Dealer News KBB Exclusive News

-Jonathan Hakes, Used Vehicle Director, Bob Johnson Auto Group In our second “Straight from the Source” podcast episode, Micah Tindor, Sr. Director, Kelley Blue Book Instant Cash Offer has a […]

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vAuto Podcast: “Customers Don’t Look At Vehicles The Same Way”

Dealer News KBB Exclusive News

-Bill Brauer, Pre-Owned Director and Wholesale Manager, Morristown Motors, Inc.

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5 Trends Impacting Your Fixed Ops Profits — and Strategies to Address Them

Dealer News Service & Repair News

Spoiler alert: the stable and long-term revenue opportunity in fixed operations isn’t going anywhere. In fact, the opportunity only continues to grow, especially as our industry continues to experience inventory and supply chain challenges.  […]

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Build Customer Trust with Transparent Fixed Ops Prices and Practices

Dealer News Service & Repair News

Gain customer trust, gain a lifetime customer. This adage is true in any industry, but it’s especially true in business segments that have an elevated level of mistrust; and unfortunately, whether true or not, this often includes a […]

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Why Fixed Ops is Your Revenue Growth Opportunity During the Chip Shortage

Dealer News Service & Repair News

If your dealership has a service department, this post is for you. For most dealerships with service bays, fixed ops makes up more than half of your overall profit, yet only […]

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Average New-Vehicle Prices Rise More Than $2,000 from Last Year, Hitting All-Time Record High for May

Dealer News Vehicle Values & Pricing News

IRVINE, Calif., June 22, 2021 /PRNewswire/ — The estimated average transaction price for a light vehicle in the United States was $41,263 in May 2021, according to the analysts at Kelley Blue Book. New-vehicle prices increased $2,125 (up 5.4%) from May 2020, while […]

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Average New-Vehicle Prices Continue to Climb, up 2.2% Year Over Year for April 2021, According to Kelley Blue Book

Dealer News Vehicle Values & Pricing News

Volkswagen Strength Driven by Best-Selling Models; Tesla Falls on Price Declines for Its Most Expensive Vehicles IRVINE, Calif., May 18, 2021 /PRNewswire/ — The estimated average transaction price for a light vehicle […]

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Electrified Vehicle Shopping Hits New Heights, SUVs Soar According to Latest KBB Brand Watch Report

Consumer News Dealer News News

IRVINE, Calif., May 11, 2021 /PRNewswire/ — Consumer shopping for electrified and fuel-cell vehicles, including hybrids, plug-in hybrids and pure electric vehicles (EVs), hit new heights in the first quarter of 2021 according […]

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Average New-Vehicle Prices Remain Above $40,000 Threshold, Increase More Than 4% Year-Over-Year, According to Kelley Blue Book

Dealer News Vehicle Values & Pricing News

All-New Affordable Electric Vehicle Models Impact Above-Average Transaction Price for Segment IRVINE, Calif., April 15, 2021 /PRNewswire/ — The valuation analysts at Kelley Blue Book today reported the estimated average transaction price for […]

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