COVID-19 Resources for Dealerships
Mastermind will donate $25 per virtual demo to the CDC Foundation to help Combat Coronavirus. In a state of emergency, it takes a world—ALL OF US—to combat coronavirus. We are joining the CDC Foundation to unite to make an impact. This will apply to all demos that we execute now through April 30th.
36-Point Checklist If Your Dealership is Mandated to Close
We put together a comprehensive checklist you should get familiar with now to be prepared in case you find yourself with little to no warning from your local government to close your dealership.
Declining Car Sales, Vehicle Registrations & PMIs
Erik Hess, Vice President of Business Operations at Mastermind, discusses the collapsing rate of car sales, declining vehicle registrations and dropping PMIs. Truck and van sales did see growth.
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FREE WEBINAR Maximize Your Service Drive During COVID-19 DisruptionsRegister Now
COVID-19’s Impact on the Pre-Owned Vehicle Market: What Dealers Need to Know
One of the many visible impacts that COVID-19 is having on dealerships in the U.S. is the flood of pre-owned, or used, rental cars and other former fleet vehicles hitting the marketplace.
3 Tips to Prepare for the Pre-Owned Market Surge During COVID-19
Carla Nurse, Director of Sales Development at Mastermind, shares ways dealers can prepare now for the expected surge of pre-owned vehicles hitting the marketplace.
National OEM Incentives to Reignite Your Sales Efforts
If you work for a dealership who is permitted to conduct new car sales amid the COVID-19 pandemic, consider yourself lucky. Many OEMs are putting out very competitive incentives.
3 Tips to Maximize Your Sales Department During COVID-19 Disruptions
Carla Nurse, Director of Sales Development at Mastermind, shares creative ways for the sales department to let customers know that the dealership is open and here to help amid COVID-19 disruptions.
7 Tips on How to Practice Social Distancing in Your Dealership
Everyone has a role to play in keeping your dealership safe and operational. We’ve compiled these seven tips to help you implement social distancing in your dealership.
How To Communicate with Customers During Times of Uncertainty
Erik Valentin, Dealer Relations Manager at Mastermind, shares useful suggestions on how dealers can communicate with their customers during times of uncertainty.
What Your Dealership’s BDC Needs to Be Doing Differently
Well before March, Americans were already shopping for new cars online, and the current environment means that trend is going to skyrocket faster than anyone could have predicted.
IHS Markit Rapid Response Economic Analysis
Erik Hess, Vice President of Business Operations at Mastermind, summarizes the IHS Markit Rapid Response Economic Analysis.
Virtual Dealership Best Practices
Like the rest of the world, we at Mastermind are actively monitoring the impact of COVID-19. To help the automotive community operate as efficiently as possible, we’ve put together tips for you.
3 Tips to Maximize Your Service Drive During COVID-19 Disruptions
Carla Nurse, Director of Sales Development at Mastermind, shares how to maintain a safe service drive while leaning on the BDC to maximize on customer outreach amid COVID-19 disruptions.
4 Tips If Your Employee Contracts COVID-19
We compiled four immediate actions to take if an employee in your dealership contracts or believes they have come in contact with COVID-19.
5 Tips for Dealership Management on Business Continuity
Many dealership management personnel have a lot on their plates right now. We've put together some tips to help management adapt their store's business model.
6 Tips for Employee Guidance & Communication If Your Dealership Closes
As the state of the automotive industry is evolving by the hour, the possibility that your dealership may be asked to close its doors for business is not a radical thought.
How Dealerships Can Proactively Sell During COVID-19 Disruptions
Carla Nurse, Director of Sales Development at Mastermind, shares how sales reps can keep selling proactively during a time when foot traffic is light due to COVID-19 disruptions.
Coronavirus Impact on Auto Sales: What Your Dealership Can Do Now to Prepare
As Americans practice social distancing to contain the spread of COVID-19, the reality is your dealership’s foot traffic will be down in the coming weeks.
A Message from our Co-Founder & CEO
Marco Schnabl, Co-Founder and CEO of Mastermind, shares a few words for our valued dealer partners regarding business continuity as the automotive industry adapts to a new normal amid COVID-19.
How Dealers Can Take Advantage of Low Interest Rates
Erik Hess, Vice President of Business Operations at Mastermind, shares how dealers can take advantage of low interest rates and provide relief to customers during COVID-19 disruptions.
How Dealers Can Keep their Customers and Staff Safe During the Coronavirus Outbreak
Erik Hess, Vice President of Business Operations at Mastermind, shares automotive trends and insights to help your dealership be proactive through these challenging times.