Tag: No Haggle Pricing

Lexus Complete Lease Program | Digital Trends

Lexus Complete Lease Program | Digital Trends

“We talked about starting it nationwide but we wanted to get a sense of how this would play out. Our plan is to test it [in urban areas], and if we’re successful we will look at rolling it out nationally,” Cynthia Tenhouse, Lexus’ general manager of product and consumer marketing, explained. Lexus designed Complete Lease […]

CarMax Earnings Preview: 3 Trends to Watch | Nasdaq.com

CarMax Earnings Preview: 3 Trends to Watch | Nasdaq.com

Customer traffic CarMax’s growth has been a mixed bag lately. Comparable-store sales gains slowed to a 5% pace in the second quarter from 8% in the prior quarter . On the bright side, CarMax converted more of its shoppers, both online and in its stores, into buyers. The retailer also enjoyed a 17% traffic boost […]

Here’s The Problem With Those ‘No Haggle’ Dealerships | Jalopnik

Here’s The Problem With Those ‘No Haggle’ Dealerships | Jalopnik

One of the most frustrating aspects of buying a car from a dealer is the back and forth about the price. Some dealers have responded to this by offering upfront, “no haggle” prices. And while this seemingly streamlines the process and makes (some) buyers happy, in practice, it’s a little bit more complicated. We all […]

Q&A: Troy Blackwell, AutoNation USA | Houston Chronicle

Q&A: Troy Blackwell, AutoNation USA | Houston Chronicle

Q: Why did you pick Houston as one of the first locations to launch AutoNation USA? A: Houston was a great market to come to, especially for used cars. The customers’ profile, typically on credit, (show) that they’re often looking to buy a 1-, 2- or 3-year-old car. The volume, the gas prices in this […]

Local Gainesville dealership offers convenient online shopping | Markets Insider

Local Gainesville dealership offers convenient online shopping | Markets Insider

With Auto Gallery’s easy to navigate website, shoppers can browse their inventory by make, model, color, price and many other search options.  Whether searchers are looking for a 4×4 truck or a compact coupe, Auto Gallery Inc. has what they are looking for.  Once a shopper has narrowed down their decision, Auto Gallery Inc.’s handy […]

Apply These 4 Pricing Tactics to Drive Major Revenue | Small Business Trends

Apply These 4 Pricing Tactics to Drive Major Revenue | Small Business Trends

Pricing is one of the most important aspects of running a successful business, yet most entrepreneurs give it very little thought or scrutiny. Why is this? And how can you change the way you view pricing in your own business? The Problematic Pricing Plague If you think about it, the price of the products and […]

AutoNation to stick with 1-price despite drag on used margins | Automotive News

AutoNation to stick with 1-price despite drag on used margins | Automotive News

AutoNation Inc. is sticking by its commitment to a one-price model on used-vehicle sales, even though the switch dragged down the retailer’s used-vehicle margins in the second quarter. The nation’s largest dealership group fully implemented its one-price strategy in the second quarter. The strategy has been successful in some markets and difficult in others, CEO […]

AutoNation profits miss estimates in second quarter, lower Florida sales a factor | Sun Sentinel

AutoNation profits miss estimates in second quarter, lower Florida sales a factor | Sun Sentinel

Quarterly vehicle sales were down 2 percent on a same-store basis, AutoNation said. Total revenue was $5.28 billion for the second quarter compared with $5.44 billion a year ago. Jackson said he expects new-vehicle sales to continue a 2 to 3 percent drop. On CNBC-TV’s “Squawk Box” Wednesday morning, Jackson said consumers are shifting from […]

AutoNation targets used-car market with new no-haggle prices | Sun Sentinel

AutoNation targets used-car market with new no-haggle prices | Sun Sentinel

Used-car buyers want no-haggle prices and a brand they can trust, AutoNation’s research shows. So the country’s largest auto retailer on Friday rolled out a “one price” strategy and a new concept used-car and service store to address those concerns, making the announcement with its third-quarter earnings report. “The consumer is craving a fair, transparent […]

Omaha, Lincoln Lexus dealers test-drive new non-negotiable pricing policy | omaha.com

Omaha, Lincoln Lexus dealers test-drive new non-negotiable pricing policy | omaha.com

Non-negotiable pricing is a switch from the traditional bargaining format that can take hours, if not days, as a customer and a dealer to go back and forth over the price of a new or used car, or a trade-in allowance, Kaleba said. Lexus plans for a second wave of dealerships to adopt the new […]