Classified Ads Dying a Slow Death
Bandon, Ore. — Dealers have a variety of opportunities to help promote and move inventory. One medium that is slowly fading is the classified ad in print publications, according to CNW Research. The market research firm said classified ads are being replaced by a host of digital ad opportunities, including sites like AutoTrader and even newspaper digital products.
“Since 1990 … the share of franchised dealers using newspaper [classified sections] as a means of selling product has fallen from a high of 88.5 percent in 1997 to the current sub-65 percent,” wrote CNW’s Art Spinella in his firm’s monthly newsletter.
“For independent dealers, the high-water mark was 2003 at 96.2 percent to the 2012 figure of 80.4 percent,” Spinella continued. “Because there are so many alternative means of advertising, a growing number of used-car dealers are spending additional money on new outlets.
In 1991, Spinella noted, the average franchised dealers used 9.2 different methods of selling used cars. As the Internet grew, dealers added new test methods of selling vehicles and the number climbed to more than 12. After sorting through what worked and what didn’t, the figure declined to about 11. 7. Independent dealers went from 9.4 to 11.6.
More Industry

Auto Prices Ride May Moderation
Flat ATPs and asking prices clocked in below long-term averages for the month, though some segments saw significant price gains, reported Cox Automotive.
Read More →
Auto Retail Families Get Out While the Getting’s Good
Kerrigan Advisors’ first-quarter Blue Sky Report shows a sharp uptick in buy-sell deals as more retailers take advantage of handsome values while seeking to escape market risk.
Read More →
Holman Opens New Lexus Dealership
Located in the heart of Clark County, Lexus of Vancouver features a multi-level showroom, more than 30 service bays, an indoor drive for drop-off and pick-up and a fleet of courtesy vehicles.
Read More →
Ownership Priorities are Shifting
A new survey shows that in the U.S. vehicle quality for generation Z is largely defined by advanced safety features, intuitive technology and premium sound systems.
Read More →
Pump Price Jump Calculated
ISeeCars.com examined fuel costs for different power trains, finding which ones have experienced the biggest hits since the war in Iran commenced.
Read More →
Black Book: Weekly Market Update
Wholesale values fell last week despite the spring season still being in the traditional full-gear mode, analysts said.
Read More →
Arkansas Auto Group Acquires First Indiana Rooftop
Performance Brokerage Services represented both the buyer and seller in the sale of Carver Toyota of Columbus by Carlock Automotive Group.
Read More →
Stellantis to Dive Into U.S. Lending
The multinational maker of Chrysler, Dodge, Jeep, Ram and multiple other brands received conditional approvals for a Utah-based industrial bank.
Read More →
New-Vehicle Prices Rise
With April sales down, higher prices on in-demand large vehicles helped inflate the overall ATP, though increases were under long-term averages, Cox Automotive reported.
Read More →
Black Book: Weekly Market Update
Last week in the wholesale automotive market proved to be a mixed bag, analysts reported.
Read More →