the Front Row - September 2022 (Teaser)

Page 1

FRONT ROW

September 2022

Will raising interest rate affect the used car market worse than the new market?

Tips and Tricks to Make Your Used Car Dealership Standout Online Technology, Recalls, and Inevitable Challenges

Let’s Talk Stolen Cars PLUS

4 Marketing Strategies for Overcoming Inventory Shortages

WSIADA CONVENTION & TRADE EXPO COUNTDOWN TUES., OCTOBER 4 CHELAN, WA SEE PAGE 4

The official publication of the Washington State Independent Auto Dealers Association
the

MEETING YOU WHERE YOU ARE THIS SUMMER

@mcconkeyauctiongroup magauctions.com MAG MOTORSPORTS | MAG RV SALES
The McConkey Auction Group is here for all your auction needs this summer – whether you’re in our lanes, at your dealership, or enjoying your favorite hobbies.

FRONT ROW the

The official magazine of the WASHINGTON STATE INDEPENDENT AUTO DEALERS ASSOCIATION WSIADA.COM

707 Auburn Way South | Auburn, WA 98002 T: 253-735-0267 | F: 253-804-0844 staff@wsiada.com | WSIADA.COM

EXECUTIVE BOARD

Wasim Azzam, Board President All Right Auto Sales | President@wsiada.com

Badie Darwazeh, Board Vice-President | VPresident@wsiada.com

J.T. Curry, Board Secretary Motors Northwest | Secretary@wsiada.com

Emil Scarsella, Board Treasurer Town & Country Auto Sales | Treasurer@wsiada.com

CHAPTER PRESIDENTS

Blake Walker – North Cascade

Walker Motor Works | NoCascade@wsiada.com

Vacant Position – North Sound NoSound@wsiada.com

David Magarrell – South Sound Auto Sales Consultants, LLC | SoSound@wsiada.com

Frank Schmitt – Vancouver

Brush Prairie Auto Sales |Vancouver@wsiada.com

Open Position – Yakima Yakima@wsiada.com

Rhonda Coffin – Tri-Cities

USA Auto Sales, Inc | Tri-Cities@wsiada.com

Ron Medlen - Spokane

Livestream Auto Sales | Spokane@wsiada.com

AT-LARGE BOARD

Randy Fletcher, Board President (Emeritus) In-N-Out Auto Sales

AJ Hamedian, Board President (Emeritus) Inline Motors

Ken Williamson, Board President (Emeritus) John’s Auto Mart, LLC

WSIADA STAFF

Brian Dansel, Executive Director

Rick Olson, Education Manager

Mila Froman, Membership Manager Mary Walton, Accountant

PRODUCTION EDITOR

Professional Mojo

Copyright 2022 WSIADA

wsiada.org/annual-convention

2 WILL RAISING INTEREST RATE AFFECT THE USED CAR MARKET WORSE THAN THE NEW MARKET?

Analysts predict that the hike is anticipated to hit the used car market much harder than the new car buyers.

5 BRIDGE THE GAP BETWEEN ONLINE AND ON-THE-LOT SALES WITH VIDEO

How do you connect with an anonymous car buyer looking at your website when you don’t even know exactly who they are? Through video.

8 TIPS AND TRICKS TO MAKE YOUR USED CAR DEALERSHIP STANDOUT ONLINE

Supply chain challenges have created a competition that has become more cutthroat than ever.

11 HOW SUBPRIME & INDEPENDENT DEALERS CAN DIGITIZE THEIR BACK-OFFICE

13 TECHNOLOGY, RECALLS, AND INEVITABLE CHALLENGES

It is well known that there is a huge issue with recall

compliance — whether that is because the owner trashes the notice, doesn’t have time, doesn’t care, can’t be reached– or whatever the reason may be.

15 LET’S TALK STOLEN CARS

One of the more common insurance claims reported from auto dealers is related to the loss of a vehicle, by theft or otherwise. Otherwise?? If someone takes your car isn’t that always called theft? Not exactly.

16 4 MARKETING STRATEGIES FOR OVERCOMING INVENTORY SHORTAGES

Implement these four auto dealer marketing strategies to face down inventory obstacles and overcome supply chain challenges at your dealership.

17 WHY JOIN WASHINGTON IADA?

19 SERVICE PROVIDER DIRECTORY

20 READ & RESPOND QUIZ

THE FRONT ROW | WSIADA.COM SEPTEMBER 2022 | 1
3 CALENDAR OF EVENTS 18 MEMBERSHIP APPLICATION
CONTENTS SEPTEMBER 2022

Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.