Running a successful dealership is about a lot more than simply selling cars. Optimizing multiple revenue streams is not only a popular move these days but also a smart one. It’s a solid way to maximize profitability and offset potential fluctuations in the automotive market, as well.
Profit participation programs and auto reinsurance options can make excellent sources of additional income for your dealership. But properly understanding them and how to leverage them to your dealership’s advantage can be a challenge on several levels.