Wednesday, December 13, 2006

Cost of the Sale.

As competition in the marketplace becomes increasingly fierce, dealers are funneling even more money into advertising to gain consumers' attention. Last year it cost about $495 in traditional advertising to sell one car. Today that number has climbed by 15.3% to $585, according to Automotive News. The silver lining in the cloud is - you guessed it - Internet sales. Dealers with solid Internet strategies are still doing phenomenally well, despite the tough market. With Internet leads, the cost per vehicle sold still hovers around $200.

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