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  1. Viracocha

    Ford takes control of your vehicle IF your payment is late.

    There have been BHPH dealers using tech to disable vehicles if the customer is late on payments for over 2 decades now. I actually did a bit of business with the guy who first applied this to his BHPH fleet and his repo rate plummeted. Seems that people will make the car payment a higher...
  2. Viracocha

    PR & News Make It or Break It for Carvana??

    Morgan Stanley set a $0.10/ Share bear case price. That's not good!
  3. Viracocha

    Does DealerTrack DMS have desking built into it?

    I know they sunsetted DealMaker, but i can't find any information on what Dealertrack dealers use to desk deals?
  4. Viracocha

    Uncle Joe's Make Over Diary

    That's actually a great prediction Joe, I am not sure you are wrong!
  5. Viracocha

    Uncle Joe's Make Over Diary

    The author definitely has it out for them, but his math checks out. Very hard to sustain model at a time when money comes at a premium. That, along with a melting iceberg of inventory is what I consider to be their biggest challenge!
  6. Viracocha

    FRIKINtech Vehicle acquisitions out-paced trades in July

    Right product at the right time Alex!
  7. Viracocha

    Uncle Joe's Make Over Diary

    Here's a very interesting article about them on Seeking Alpha, From November 2021. The author has been bang on so far, and does a great job at explaining what's happening in laymen's terms. Cheers https://seekingalpha.com/instablog/767332-clastic/5659699-carvana-ponzi-collapsing
  8. Viracocha

    Curious if any of the dealers here are doing any used vehicle leasing?

    Thats awesome. How are you doing the calcs? Are you utilizing our residuals and MF? Do you have an API?
  9. Viracocha

    Curious if any of the dealers here are doing any used vehicle leasing?

    DrivrzFinancial - that's us Alex! We are doing a bit of re-organization, but we are also extremely interested in helping our dealers (yes TallCool1 that includes independents!) be more consistent with presenting lease options on all of their inventory. We feel that there is an incredible...
  10. Viracocha

    Curious if any of the dealers here are doing any used vehicle leasing?

    Full disclosure, i work for a company that provides it. We are interesting in learning if dealers have any aversion to offering used vehicle leasing to their payment shoppers. We plan on becoming aggressive in the space and are looking to learn more about what the sales people/desking managers...
  11. Viracocha

    Did we miss memo about Auction Access charging dealers an annual fee PER Authorized Auction Rep?

    I have always been amazed at how many people don't see it this way.... Commodity is king~!
  12. Viracocha

    This may be more a question for Vendors - Is it possible to license MMR data or is it only for Manheim customers?

    Yeah, except if i'm not mistaken those apps use my credentials to access the data. If i don't have a Manheim account can i still access MMR? I don't think so but that's what i'm asking...
  13. Viracocha

    New GM in retail automotive looking for advice

    They go together. TradeRev has been caught doing the same, they will work the buyers to the sellers advantage. It just kills the spirit of what the auction is supposed to be. Running a buyer up and then coming back with an if bid isn't honest behavior in my books.
  14. Viracocha

    New GM in retail automotive looking for advice

    Make sure you ask them specifically if they allow bid shilling, and if not how do they prevent it?
  15. Viracocha

    This may be more a question for Vendors - Is it possible to license MMR data or is it only for Manheim customers?

    I called the 1-800 but the girl who answered was totally lost. I havent been able to ascertain if they license valuation data like Blackbook and Nada Guides do/
  16. Viracocha

    CDK & ReyRey lost to NADA in court

    This thread makes me so gdam happy!