An Industry Expert’s Outlook: A Closer Look at Current Trends in 2025

Featured Guest: Jim Fitzpatrick, Co-Founder and CEO of CBT News discusses the key predictions and trends starting off the year and weighs in on how he believes dealers both big and small should prepare including what actions to take in order to have continued success, capture more profitability and identify additional opportunities on the road ahead as we move past the election and into an ever evolving market for both the automotive industry and our nation.

How to Choose the Right Dealer Management System  

A Dealer Management System (DMS) is more than a tool—it’s the backbone of your car dealership’s operations. With the right DMS in place, automotive businesses can streamline workflows, improve efficiency across departments, and boost profitability. However, selecting the best DMS for your dealership isn’t an easy decision. With so many features, vendors, and integration possibilities, the choice can feel overwhelming.  

This guide will walk you through everything you need to know to find the perfect solution for your business needs. From identifying your requirements to testing and finalizing a decision, read on to ensure you’re making an informed and strategic investment for your dealership. 

Included in this guide: 

What is a Dealer Management System?  

5 Steps for Selecting the Right DMS  

6 Key Factors to Consider when Choosing a DMS 

Finalizing Your Decision 

What is a Dealer Management System?  

Simply put, a Dealer Management System (DMS) is a software platform that integrates and runs your dealership’s core functions. From managing inventory and sales to streamlining service operations, accounting, and customer relationships, a DMS centralizes and automates key processes. This allows teams to work collaboratively with real-time data, leading to greater efficiency and enhanced customer satisfaction.  

5 Steps for Selecting the Right DMS  

When it comes to choosing car dealership management software, careful planning and research are essential. Follow these five steps to find your ideal DMS.  

Step 1: Identify Your Dealership’s Needs  

Every dealership operates differently. Start by conducting an internal assessment that identifies workflows or tasks slowing your business down. Consider the needs of each department, including sales, service, parts, and accounting. For example: 

  • Your sales team may need a lead-tracking module.  
  • Your service department may rely on technician scheduling tools.  
  • Your accounting team might require robust financial reporting.  

Aligning the DMS with your goals will ensure your investment directly supports operations across the dealership.  

Step 2: Research Vendors  

Not all DMS solutions are built the same. Take time to compare key providers, their features, pricing models, and overall reputations.  

  • Look at online reviews and testimonials. Are other dealerships happy with this provider?  
  • Research vendors with experience in the automotive industry. They are more likely to anticipate your specific operational challenges.  
  • Prioritize proven reliability, uptime records, and strong customer support.  

Step 3: Request Product Demos  

Seeing the software in action is critical to understanding its strengths and limitations. During the demo: 

  • Evaluate the interface for ease of use. A clunky, overly complicated system may frustrate employees instead of empowering them.  
  • Check which features are included in the base package and which require additional fees.  
  • Ask questions about scalability—will the system grow with your business?  

Step 4: Pilot Testing in Real Scenarios  

Once you’ve narrowed down your options, ask providers if they offer pilot testing in a real environment. Identify a small group of employees to use the system hands-on. This step will help you pinpoint any challenges before implementing the system at full scale.  

Step 5: Make Your Decision as a Team  

Gather feedback from your employees—after all, they’re the ones who will interact with the DMS daily. Ensure you gain full consensus from everyone involved to align on the best choice. Consider factors such as ease of use, feature functionality, customization capabilities, and vendor reputation before making the final call. 

6 Key Factors to Consider When Choosing a DMS  

The right DMS isn’t one-size-fits-all—it depends heavily on your dealership’s unique needs. Here’s a breakdown of essential features by department and overall considerations to keep in mind.  

1. Important Features by Department  

  • Sales Management: Look for features like lead tracking, CRM integration, deal structuring, and automation tools to simplify your sales workflow.  
  • Service Management: Tools for streamlining appointment scheduling, repair orders, and parts inventory tracking are a must.  
  • Parts Management: Make sure the DMS offers robust inventory management, parts ordering, and pricing strategy features.  
  • Accounting & Finance: Financial reporting, streamlined payment processing, and full GL integration are vital for long-term stability.  

2. Seamless Integrations  

Your DMS should integrate easily with both manufacturer systems and third-party applications, such as your marketing platform or website. This ensures a smoother flow of information across tools.  

3. User Interface & Customization  

An intuitive design reduces training time and minimizes errors. Additionally, a flexible system should allow for customization to match your dealership’s specific workflows.  

4. Technical Support & Training  

Enthusiastic staff adoption can make or break your DMS rollout. Choose a vendor that stands out in post-purchase technical support and offers comprehensive training for your team.  

5. Cost Considerations  

Factor in both upfront costs (like setup fees and implementation) and ongoing expenses (like per-user fees and potential licensing upgrades). Being transparent about costs will save your dealership from budget surprises.  

6. Vendor Reputation  

Finally, choose a provider with credibility. Research how they’ve performed with other dealerships—reading case studies or speaking directly with references can help verify this.  

Finalizing Your Decision 

After carefully evaluating all the key factors, it’s time to confidently choose the right Dealer Management System for your dealership. This decision should ensure the system aligns with your business goals, addresses your team’s specific needs, and provides the tools necessary to support long-term growth. Take the time to schedule a final demo to resolve any remaining questions, review the service terms in detail, and clarify the available support options to ensure a smooth and seamless transition. Consider how the DMS will integrate with your current processes and systems, as well as how it can adapt to future advancements or expansions in your business. Selecting the right DMS is more than just a purchase—it’s a strategic investment in your dealership’s efficiency, productivity, and overall success. Take the next step with confidence, knowing your choice will drive your business forward. 

Maximize Your Dealership’s Potential with the Right DMS  

Investing in the best dealer management system for your automotive business is a decision that will transform how your dealership operates. From increased efficiency to better customer satisfaction, taking the time to carefully select the right DMS will pay off in dividends.  

Remember, the right technology doesn’t just help your dealership run—it helps it thrive. The right DMS technology will help your dealership stand out from the competition while maximizing your profit potential—now and in your immediate future.  

Discover how dealers are finding opportunities despite the top five challenges they face. Download the eBook today!  

The Top 5 Predictions for 2025: What they Mean to Dealers and Actions to Take

In her first solo episode, Host Jade Terreberry, Senior Director of Strategic Planning for Autotrader and Kelley Blue Book takes you through the key predictions Jonathan Smoke, Chief Economist for Cox Automotive released for the automotive industry and breaks down what each of them means to Dealers, including what actions they should take in response to best prepare and strategize for increased success and profitability in 2025.

Click to Close: Five Important Steps to Master to Stay Competitive

Featured Guest: Mike Tegtmeyer, AVP with Autotrader and Kelley Blue Book with Cox Automotive gives an inside look and top takeaways from the new From Click to Close Learning series, hosted alongside Dealer.com, which shows dealers the five steps you need to master in order to stay competitive, stand out to your ideal customer at their very first click during the automotive consumer buyer journey and fast-track to a close.

Virtual Sales Assistant 101: A Comprehensive Guide for Car Dealerships 

Efficiency and customer satisfaction are crucial in the competitive world of automotive sales. What if you could enhance both with a single solution? Enter the virtual sales assistant—your dealership’s secret weapon for streamlining operations, enhancing customer relationships, and driving more sales.  

Virtual sales assistants have quickly become an essential tool for modern automotive dealerships, combining efficiency with customer-focused solutions. But what exactly is a virtual sales assistant, and how can it help your dealership thrive?  

This guide breaks down everything you need to know—from answering “what is a virtual sales assistant?” to showing you how it can transform your daily operations.  

What is a Virtual Sales Assistant?  

A virtual sales assistant is an AI-powered tool designed to perform sales-related tasks efficiently. Unlike human assistants, they work 24/7, enabling dealerships to provide round-the-clock support and services.  

These digital tools leverage cutting-edge technology, such as artificial intelligence and machine learning, to handle routine sales operations, answer inquiries, and even personalize customer experiences—all while saving sales teams precious time.  

Why the Automotive Industry Needs It  

The car-buying process has evolved, with digital engagement becoming a vital part of customer outreach. A virtual sales assistant ensures no lead is left unattended while creating a seamless experience for potential buyers.  

How to Use Virtual Assistants for Sales Support Tasks  

Using a virtual assistant for sales is simpler than you might think and can significantly streamline your operations. These intelligent tools are designed to handle tasks like lead qualification, appointment scheduling, and follow-ups, freeing up your team to focus on high-priority sales activities. Here’s how dealerships are incorporating virtual sales assistants into their operations to boost efficiency and improve customer experience: 

  1. Lead Management  

Virtual assistants can identify, qualify, and nurture leads automatically. They ensure inquiries are followed up promptly, increasing the likelihood of conversion.  

  1. Customer Engagement  

Personalization is the name of the game. Virtual sales assistants craft tailored messages and responses, keeping customers engaged and connected to your brand.  

  1. Appointment Scheduling  

Say goodbye to back-and-forth emails! Assistants can manage scheduling, ensuring test drives and consultations fit seamlessly into your sales calendar.  

  1. Post-Sale Follow-Up  

Keep the conversation going. Virtual assistants follow up with customers after a sale, gathering feedback and strengthening relationships for future upselling opportunities.  

What Tasks Can a Virtual Sales Assistant Handle?  

Virtual sales assistants are versatile tools that can handle a wide range of tasks, making them invaluable for businesses of all sizes. From managing repetitive administrative work like data entry, scheduling, and follow-ups to providing customer-facing support such as answering inquiries, processing orders, or assisting with product recommendations, these assistants help streamline operations. They free up valuable time for sales teams, allowing them to focus on building relationships and closing deals. Here’s a closer look at their capabilities:  

Administrative Tasks  

  • Data Entry: Accurately updating CRM systems.  
  • Document Management: Organizing and sending paperwork like contracts or invoices.  

Customer Support  

  • Answering FAQs: Providing quick responses to common customer inquiries.  
  • Live Chat Support: Handling live conversations with prospects.  

Marketing Assistance  

  • Email Campaigns: Composing and scheduling personalized marketing emails.  
  • Social Media Outreach: Engaging with prospects on social platforms to generate leads.  

Analytics and Reporting  

  • Performance Reports: Compiling and analyzing sales performance trends.  
  • Customer Insights: Offering insights into behavioral patterns to improve customer experiences.  

The Benefits of a Virtual Sales Assistant  

Implementing a sales virtual assistant offers several game-changing advantages for dealerships:  

  1. Save Time and Boost Efficiency  

Automating repetitive tasks allows your sales team to focus on closing deals and building relationships instead of handling administrative burdens.  

  1. Enhance the Customer Experience  

With faster response times and tailored engagements, customers feel valued and are more likely to choose your dealership over competitors.  

  1. Reduce Costs  

Rather than hiring additional staff, virtual sales assistants provide an economical alternative that works round the clock.  

  1. Maximize Lead Conversion  

No lead goes unnoticed. Virtual assistants ensure timely follow-ups, giving prospects the attention they need to decide.  

  1. Gain Actionable Insights  

AI-powered assistants analyze customer data, providing you with insights to fine-tune your sales process and marketing campaigns.  

Choosing the Right Virtual Sales Assistant for Your Dealership  

Not all virtual sales assistants are created equal. Each dealership has unique needs, and the right assistant can make all the difference in boosting efficiency, improving customer interactions, and driving sales. Here’s how to find the one that fits your dealership’s specific goals and requirements: 

  1. Assess Your Needs  

Identify the specific areas where your dealership could use support. Do you need help with data entry, lead management, or customer engagement?  

  1. Evaluate Features  

Look for tools that offer capabilities beyond just supporting tasks, such as data analysis, integration with your CRM, and multilingual support if applicable.  

  1. Consider Scalability  

Your dealership’s needs may grow. Choose a solution that can scale with your business.  

  1. Seek User-friendly Interfaces  

Ensure the software is easy for your team to adopt and requires minimal training.  

  1. Review Case Studies or Testimonials  

See how other dealerships have benefited from the virtual assistant. It’s a great way to gauge effectiveness in real-world scenarios.  

Unlock the Potential of a Virtual Sales Assistant Today  

Implementing a virtual sales assistant isn’t just about staying ahead of the competition—it’s about transforming how you connect with customers and streamline sales. With automation, increased efficiency, and unmatched insights, your dealership can unlock its full potential.  

Curious to learn more about how to revolutionize your dealership’s operations? Take the next step and explore the potential for significant growth in your retailing approach with this helpful resource from VinSolutions: Take a New Approach to Retailing.  

Evolving Consumer Study: How to Plan for Shifting Behaviors and Key Findings

Featured Guest: Angela Drake, Director of Research and Market Intelligence with Cox Automotive gives a behind-the-scenes look at the new findings from the Evolving Consumer Study, which took a close look at those evolving behaviors and uncovered some key finding that are important for dealers, OEMs as well as the automotive industry plan and take pro-active actions on in order to have continued success on winning the sale.

Can’t Miss Tech Trends at NADA 2025: Top Picks for Dealership Operations 

NADA 2025 sets dealers like you at the forefront of technological advancement. This new year, your business stands to uncover trends that can potentially change forever how you interact with consumers, sell cars, manage your business and earn even more profit.  

At NADA, we’ll show you how to streamline your transactions and boost profitability. New cutting-edge tech trends are set to simplify your workflows, enhance customer satisfaction, and drive more sales. So, where should you start? Read below to discover our top picks for the Can’t Miss Tech Trends at NADA 2025: 

Experience Seamless Customer Journeys with Omnichannel Technology 

Today’s consumers want a consistent, connected car-buying journey. In fact, according to Cox Automotive’s Car Buyer Journey study, 43% of recent car buyers used an omnichannel approach, and 71% are likely to do so in the future. That means more than 7 out of 10 shoppers will use multiple channels—online, in-store or some combination—to make their next vehicle purchase. 

Omnichannel technology brings together connected dealership solutions to enable every path to purchase (from sales to service). It creates a consistent customer journey with data that follows customers as they shop online and in-store. 

Embracing a multichannel experience not only facilitates unforgettable customer experiences but also empowers your dealership to build strong, profitable, and simplified workflows that boost operational efficiency. By leveraging omnichannel technology, you can seamlessly integrate online and in-store interactions, ensuring that data follows customers throughout their purchasing journey. 

At NADA 2025, you can experience omnichannel technology with connected Dealertrack solutions. With Dealertrack, customers can start the deal online and not have to repeat steps when they come in-store. And, because data flows directly from the DMS, it streamlines the entire F&I process for faster funding.   

Maximize Profitability with Real-Time Predictive Insights  

The more you know about your customers, the better experience you can give them. This has always been true in automotive sales, but with the advent of AI automation and the ability to track shoppers online, insights are more powerful than ever before.  

In 2025, predictive consumer insights will allow you to maximize the profitability of every interaction in several key ways. They will help you pull accurate data and build convenient automations in real-time, customize processes for out-of-state transactions, access deal insights and historical transactional data to help customers manage the deal-completion process, and much more. 

At NADA 2025, you can experience predictive insights in action through several innovative Dealertrack solutions.  

Automations 

Advanced automations are streamlining the path to purchase and powering profitability for dealers. By enhancing productivity, streamlining processes, and reducing manual tasks, F&I technology ensures a simplified and efficient path to purchase. 

Deliver Next-Level Service Backed by Unmatched Industry Experience 

With so much customer information to keep track of and so many solutions to consider, having a trusted partner—one with unmatched industry experience—can give you a real competitive advantage in 2025.  

As you consider the latest trends, look for technology that includes experts behind the scenes who relentlessly deliver customer experience infrastructure that no one else comes close to. But this is only the beginning. Make sure that you select a technology partner that can grow with your dealership, not one that you’ll quickly outgrow.  

As the leader in automotive technologies, Cox Automotive continues to invest in client experience, speed to response, connecting solutions, training and more. At NADA 2025, you will have a chance to meet with Dealertrack Performance Management experts with an average of 10 years dealership experience each, who are committed to keeping your team and technologies on track and up to speed. It’s just one way Cox Automotive and Dealertrack are staying a step ahead of the technology curve.  

Schedule a Dealertrack demo at NADA 2025 to experience omnichannel technology, predictive insights, and unmatched industry leading expertise. 

Technology Trends to Drive Sales Growth and Customer Satisfaction in 2025

In automotive sales, the tools, technology and insights that help your sales professionals understand your customers will make the greatest impact on your business. Keeping up with emerging automotive tech trends not only changes how your sales team interacts with customers but also has the power to streamline the entire experience for consumers—from online interest to in-person and everything in between. Understanding how to work these trends into your workflows could help you outsmart and outsell the dealer down the street. 

Here, we will explore the top tech trends that your dealership needs to know in 2025 and how they can drive sales growth and enhance customer satisfaction. Join us at NADA 2025 to discover these trends firsthand and see how they can transform your dealership. 

Enhance the customer experience with omnichannel technology 

With new technologies emerging, consumers will likely explore different methods of buying cars. Your next buyer is already taking some mix of traditional in-store avenues, more modern online methods, and usually some combination of both.  

Today’s consumers want a consistent, connected car-buying journey. In fact, according to Cox Automotive’s Car Buyer Journey study, 43% of recent car buyers used an omnichannel approach, and 71% are likely to do so in the future. That means more than 7 out of 10 shoppers will use multiple channels—online, in-store or some combination—to make their next vehicle purchase. 

Meeting this new omnichannel car buyer will demand technology and tools that create a seamless experience by leveraging consumer insights and allowing customers to pick up right where they left off during their most recent shopping experience. 

At NADA 2025, you can experience omnichannel technology with VinSolutions Automotive Marketing Platform.  

  • VinSolutions Automotive Marketing Platform lets you leverage actionable consumer data and insights to implement dynamic automated marketing campaigns across multiple channels.  

Boost sales opportunities with exclusive predictive insights 

Cox Automotive’s exclusive predictive insights, powered by artificial intelligence, give dealers more information about shoppers—their interests and probable purchase decisions. Implementing these actionable insights into your sales processes can allow your sales professionals to better understand your shoppers’ next moves and personalize each step of the purchase journey.  

AI-led automations are helping dealers to deliver the right marketing messages to the right shoppers via text marketing and special-order parts notifications. Knowing more about shoppers, beyond what they submit online, and proactively reaching out to them at every purchase step can help you to maximize the profitability of every interaction.  

At NADA 2025, you can harness this power to identify shoppers 8X more likely to buy. With technologies like GenAI, Deal Central, VinSolutions’ Virtual Assistant, and VinSolutions Predictive Insights, you can personalize every customer interaction and turn your data into more deals.  

  • GenAI gives your team the tools to quickly generate engaging, personalized communications for your customers using VinSolutions Predictive Insights. 
  • Deal Central empowers your team to close deals faster and increase back-end profits through a modern deal-making experience. 
  • VinSolutions’ Virtual Assistant helps you to recognize returning customers through their inquiry details when chatting online. 
  • VinSolutions Predictive Insights allows you to pull information, such as vehicles of interest, trade-ins, and more to create customized, personalized proposals that lead to more profitable deals. 

Harness industry-leading expertise to out-sell the competition 

Even as technologies like artificial intelligence continue to evolve the automotive sales landscape, strong, trusted partnership is still vital for dealership success. In fact, in 2025, industry-leading experience can help your dealership to take full advantage of the latest tech trends.  

As you implement new technologies, make sure that you have a partner working relentlessly behind the scenes to deliver customer experience infrastructure, a commitment to speed-to-response, connecting solutions, training and more. In other words, make sure that your technology partner is committed to and capable of growing with you.  

At NADA 2025, you’ll get a chance to meet with VinSolutions Performance Managers—real industry experts with real industry experience—to help your dealership’s sales personnel identify every opportunity and maintain healthy client relationships. As part of Cox Automotive, VinSolutions is committed to developing innovative automotive technologies that move your dealership forward, into 2025 and beyond.   

Schedule your VinSolutions demo at NADA 2025 to experience omnichannel technology, powerful artificial intelligence and automation, and unmatched industry leading expertise. 

What to Watch at NADA 2025: Autotrader’s Top 3 Tech Trends 

Technology moves fast. Every year, new innovations in automotive sales take the industry by storm and help dealers give their shoppers a more modern experience. They also help you to future-proof your dealership and stay on the cutting edge. 

Most importantly, when you know the next must-have tech trends, you can move fast to implement them at your dealership to reach customers and close sales before your competition. Join us at NADA 2025 to discover these trends firsthand and see how they can transform your dealership. Here are the hottest tech trends for 2025. 

Omnichannel Technology 

Every customer’s journey is different. In fact, more than 7 out of 10 shoppers will use multiple channels—online, in-store or some combination of both—to make their next vehicle purchase.  

No matter how your customers approach their individual purchase decisions, omnichannel technology allows you to enable every purchase path and create a consistent experience for every customer.  

Specifically, omnichannel technology allows you to:  

  • Connect with shoppers using advanced digital marketing and deal-building solutions that work in tandem to deliver better leads and better sales. 
  • Create fully digital consumer experiences using connected end-to-end tools that deliver a brand-new experience. 
  • Utilize deep consumer insights to help shoppers pick up right where they left off in their last search.  

At Nada 2025, you can experience the innovation of omnichannel technology with Autotrader’s intelligent Market Extension. This new technology is built to deliver better leads for your dealership and help you close deals 47% faster by auto-listing your inventory where demand is high.  

Predictive Insights  

When you know your customers’ next moves, you can be there for them at every step of their purchase path to deliver a personalized experience. You can also predict their next moves to beat your competition to the next sale.  

Predictive insights leverage AI automation to deliver the right marketing messages (via text marketing) and special-order parts notifications to interested customers. They also allow you to maximize the profitability of every interaction to see beyond the information would-be buyers submit online.  

At NADA 2025, you can see the power of predictive insights on full display with Channel Intelligence from Autotrader and Enhanced Accelerate My Deal.  

  • Channel Intelligence from Autotrader analyzes the performance of your advertising channels and provides recommendations to capture more leads for your campaigns.  
  • Enhanced Accelerate My Deal helps ready-to-buy shoppers progress further down the purchase path and into your dealership faster.  

Unmatched Industry Leading Expertise 

Expertise is nothing new to the automotive industry. But with so many dealership-changing technologies emerging at such a rapid rate, having industry-leading expertise on your side can give your dealership a real competitive advantage.  

Partnering with professionals—who have real dealership experience and know how to leverage the latest technologies—can help your dealership to grow alongside new technologies. Look for technology that includes experts behind the scenes, who relentlessly deliver top-tier customer experience infrastructure that goes beyond mere support.  

As the industry leader in developing innovative automotive technologies, Cox Automotive continues to invest in client experience, speed to response, connecting solutions, training, and more—all to help dealership partners like you.  

For the Road Ahead 

Consider this only the beginning. New technologies that benefit your dealership and your customers are always right around the corner. In fact, keeping up with new technologies is part of the fun of running a successful dealership. It’s also the best way to stay a step ahead of change and keep your dealership from falling behind. 

With every Autotrader listings package, you’ll gain access to nVision, an invaluable tool for dealers and their professionals. nVision provides online training, industry insights, key reporting tools, shopper behavior data, and more. This comprehensive resource ensures you have the knowledge and tools needed to leverage the latest technologies effectively. 

Autotrader provides you with qualified leads for people who want cars. We have the data that connects and activates your data, and we have the shoppers. We know what they want, and our goal is to match them with our dealer partners, driving quality leads that have the highest gross profit on average industry wide. We connect you with customers virtually, to move shoppers to you, so that you can focus on building and letting your brand shine.    

Schedule an Autotrader demo at NADA 2025 to experience omnichannel technology, predictive insights, and unmatched industry leading expertise. 

Live from Used Car Week: 5 Key Areas to Drive Profits and Scale Your Business

Featured Guest: Bethany Johnson, Director of Strategic Planning for vAuto live from the Used Car Week stage in Arizona, discusses highlights from her keynote sharing the five key areas Dealers should focus on in the coming year if they are looking to capture more profits, scale their business, and capitalize on incremental revenue opportunities.