Remarkable Results Radio Podcast - Used Car Market – Lauren Fix [AW 140]

On Record with Lauren Fix as she discusses the used car market and the importance of car maintenance. Watch Full Video Episode HERE Lauren Fix, Car Coach Reports, Total Car Score Podcast, is an automotive expert and analyst based in Buffalo, NY. She has written three books on automobiles. She has appeared on CNN, Fox News, Newsmax TV, CNBC, and USA Radio’s Daybreak USA show. Lauren's previous episodes HERE Show Notes:

Car Coach Reports
Prior to covid selling cars: 17.5 million vs 13.7 million now. Average car profit to manufacturer: 10K...4 million sales lost
People are buying out their car lease now
Dealerships have 30% retention for car repair
Repossessions are increasing- people bought cars during COVID, inflation and recession
“Doing maintenance now will save you money down the road”
Which cars can last 300K miles? Iseecars.com
“Never invest more in a car than it’s worth”
USAmotorjobs

Connect with the Podcast: Aftermarket Radio Network Subscribe on YouTube Visit us on the Web Follow on Facebook Become an Insider Buy me a coffee Important Books Check out today's partner:

Duration: 20m
Broadcast on: 14 Jan 2023
Audio Format: other

This is the Aftermarket Radio Network. Hey, good afternoon to all my automotive aftermarket people's. It's Carm Capriado Aftermarket Weekly. It's episode 140, 140 weeks of this straight through. Excited to always do this for you as we work so hard to support your business acumen and personal professional development here and the great automotive aftermarket. Today we're going, Tracy and I, to the Institute Summit in St. Petersburg, Florida at the end of the month, January 31st through February 3rd. I hope to see you there. Please stop by and say hi. We're going to record some great episodes and hang with many of you who have the Institute as your coaching company. And today we're on record with Lauren Fix, the car coach. We were with Lauren. We had an episode with her maybe about a month ago. I remember recording that with Lauren. That was a lot of fun. I've talked about a lot of great stuff and we're coming to you live from the Dorman. Oh, E-Fix studios, sometimes called the Carm Cave. Hey, thanks Dorman for your great sponsorship. Dorman products creates hundreds of new automotive replacement products every month. Part of what makes Dorman so unique is their ideation of new and innovative products. They have dedicated teams all across the US, Mexico and Canada looking for new product ideas. Since every solution starts with a problem, these teams of researchers, field analysts, product specialists and contributors consistently visit repair shops and make field calls. Now, this is to best understand the problems the industry is facing. In certain cases, Dorman will manufacture aftermarket replacements so you aren't forced to go back to the OE. Other times, experts take it an additional step, further solving what made the original part problematic in the first place. Dorman for a problem is what powers the innovation engine at Dorman. Dorman products has become an incredible engine for innovation. They are constantly bringing new replacement parts to the automotive industry and they routinely release tens of thousands of parts across all different categories. Now, why did they do all of this? To enable technicians the freedom to fix their customers' cars and trucks. To do this, Dorman has dedicated teams focused on different aspects of the vehicle to ensure that they are meeting the needs of the aftermarket. Although a lot of their parts are reverse engineering of original equipment, they also redesign and redefine solutions such as their loaded knuckles or programmable electronic power steering rack. Dorman has invested in these OE fix innovations to help you save time, your customer money and prevent vehicles from coming back to your shop. In certain cases, Dorman will manufacture aftermarket replacements so you aren't forced to go back to the OE. If you want to know more about Dorman, visit DormanProducts.com/tour. Hey, thanks again, Dorman. I'd love to introduce you to Lauren Fix right now. Hi, Lauren.

Transcription truncated.

Car Coach Reports
Prior to covid selling cars: 17.5 million vs 13.7 million now. Average car profit to manufacturer: 10K...4 million sales lost
People are buying out their car lease now
Dealerships have 30% retention for car repair
Repossessions are increasing- people bought cars during COVID, inflation and recession
“Doing maintenance now will save you money down the road”
Which cars can last 300K miles? Iseecars.com
“Never invest more in a car than it’s worth”
USAmotorjobs

Connect with the Podcast: Aftermarket Radio Network Subscribe on YouTube Visit us on the Web Follow on Facebook Become an Insider Buy me a coffee Important Books Check out today's partner: