Boost Back-End Profits
How to Maximize Your Finance & Insurance Department
Dealership Merchandising Best Practices
Tips for merchandising your dealership showroom.
Optimize Your Dealership’s Parts, Clothing & Accessories Department Operations
When operated properly, the profit from this department can absorb the majority of the overhead for the entire dealership.
Measure Your Service Department’s Profitability
We have decided to head in a slightly different direction with this column. For some time, these columns have contained a short analysis of selected data from the entire dealership operation. The next few articles will highlight a particular department. While these will still feature actual dealer numbers, the column will focus more on best
Make the Most of Your Pre-Owned Motorcycle Profit Center
Establishing pre-owned motorcycle sales.
Light at the End of the Tunnel: February 2011 Dealer Data
This year has started off quite well for the Best Operators Club dealers.
December 2010 Year-End Data
This month, we look at December’s data and how it compares with 2009 for this group. While the 23.5 percent total store gross profit margin in Chart 1 looks slightly anemic from the benchmark of 25 percent, the margin change from last year is 4.3 percent. This is huge! It is certainly another positive indicator.
YTD November 2010 Data
This month, we’ll look at actual November data compiled from one of our groups.
YTD October 2010 Data
At GSA we track current industry benchmark data through our real-time dealer 20-group data reporting analysis and comparison system. This month, we are going to look at actual October data compiled from one of our groups. The total store stats shown in Chart 1 show that gross profit for this group is hovering close to
20-Group Data Shows Improvements
Year-on-year performance data for August
Year-to-Date July 2010/2009 Data Comparisons
Last month, we looked at the June numbers. This month, we’ll see how July 2010 YTD stacks up when compared with 2009. These charts represent data averages compiled from top-performing members in selected groups. Chart 1: I’m pleased to report that total store gross profit is continuing to improve. More importantly, Net Operating Profit is
YTD June 2010/2009 Data Comparisons
Last month, we looked at May numbers. This month, we’ll see how June 2010 YTD stacks up compared with 2009. These charts represent data averages compiled from top-performing members in selected groups. Chart 1: Total store gross profit is continuing to rise as is net operating. Business is still slow, but these dealers