JMsolutions Announces Favorable Returns for Large Pre-Owned Vehicles
9/19/2008

 

FOR IMMEDIATE RELEASE                              

September 19, 2008                                               

           

JMsolutions Announces Favorable Returns for Large Pre-Owned Vehicles   

Data Findings Cast Silver Lining in Truck-Friendly Markets

 

Deerfield Beach, Fla. -- JMsolutions, a dealer-focused automotive technology products and services company, released findings today which show that pre-owned SUVs and trucks are earning excellent returns in traditionally “truck-friendly” markets.  Successful used vehicle sales opportunities remain despite the nationwide general downturn in new SUV and truck sales.  For example, in Dallas, Texas, nine of the 11 most profitable used vehicle models in August were full-sized SUVs or large pick-up trucks.

 

The data, based on nearly 62,000 vehicles retailed in the U.S. in August by dealers using JMsolutions’ AAX™ used vehicle inventory management system, also showed similar trends in other regions.  The second most profitable used vehicle in the Washington, D.C. market was the Chevy Trailblazer, with the Chevrolet Silverado 1500 and Dodge Ram 1500 respectfully rounding out the top 20 most profitable used vehicles.  The Jeep Liberty held the number one rank in used vehicle profitability in the South Florida market. 

 

“It’s clear that dealers who continue to utilize AAX and follow our inventory management philosophy are maximizing margins and ‘turns’ in their stores when buying and selling vehicles,” said Scot Eisenfelder, group vice president, JMsolutions.  “The ability to adjust quickly and appropriately to the market is enabling dealers to reap the benefits on many vehicles that they may otherwise assume are losers.”

 

“Rather than moving too far under the vehicle’s book value and risk making the trade for a new vehicle, dealers are proactively using their store’s AAX data to base buying and pricing decisions.  This allows them to be more competitive on trades, winning more new car deals,” Eisenfelder continued.

 

To help dealers maneuver through the changing automotive climate, JMsolutions will host a 15-minute PowerBreak™ webinar entitled “Price to Sell” on Friday, September 26 at 11:30 a.m. EST.  The third of a series, this online tutorial will teach dealers competitive pricing and Internet marketing strategies that can help them sell more cars without losing sight of gross profits.  To register, visit www.jmsolutions.com and click on “Upcoming Events”.

 

About JMsolutions

A JM Family Enterprises, Inc. (www.jmfamily.com) company, JMsolutions (www.jmsolutions.com) develops and markets innovative, integrated software systems that help automotive dealers improve operational efficiencies throughout the entire sales and marketing process while maximizing sales.  JMsolutions offers its AAX™ inventory management suite; CMXcustomer management suite which includes DealerUps customer relationship management, ProCal desking, ProFi finance and insurance menu; and SMXsales and service marketing suite by DMEautomotive.  It also provides dealers with related training and consulting services.  JMsolutions serves over 2,500 dealership clients nationwide, including the nation’s top six dealer groups.  Headquartered in Deerfield Beach, Fla., JMsolutions has major operations in Dallas, Texas.

 

Media Contact:

Ilisa Finkelman

(954) 363-5550

ilisa.finkelman@jmfamily.com

 



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The AAX inventory management suite is the most complete inventory system on the market today. 

The AAX Inventory Management Suite Offers:

  • Used Car Inventory Management
  • Sophisticated Appraisal Tools
  • PriceDriver Pricing Solutions
  • Internet Marketing Solutions
  • Wholesale Solutions
  • Real-Time Reporting
  • New Car Management
  • Dealer Group Services
  • Inventory Optimization Services
  • Group Trade
  • Trade Desk
  • Dealer Results Management

CMX Customer Solutions

The JMsolutions CMX customer management suite leaves no room for lost leads, prospects or customers.

The CMX Customer Management Suite offers:

  • DealerUps CRM
  • ProCal Desking
  • ProFi Menu
  • PinPoint Reporting
  • Dealer Results Management

 

DMEautomotive data-driven marketing solutions

The SMX marketing management suite by DMEautomotive offers sophisticated, personalized direct marketing.

The SMX Marketing Management Suite offers:

  • On-Demand Marketing Campaigns
  • Sales Retention & Renewal Programs
  • Service Retention & Reactivation Programs
  • Results-Based Campaign Measurement
  • Data Analytics & Purification
  • Marketing & Fulfillment Services