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  1. Michael Pokora

    Beepi and Vroom and Carvana - will they make a DENT?

    Another attempt to take on non-traditional ownership https://www.fair.com/ I agree that there is a great deal of merit to the subscription service model. I think the financials can easily be worked out in favor of the dealerships, just look at the extended terms and interest rates that are...
  2. Michael Pokora

    BREAKING news! Carvana & Vroom is bleeding cash. Is Ecommerce in auto DOA?

    If anything it represents a huge opportunity for the existing dealer community to create the future for the customer base.
  3. Michael Pokora

    Clairvoy: A New Product Idea

    The analytics are amazing and certainly pave the way for more "predictive product placement". I think Joe is asking all of the right question and the first company to really tie it all together will be head and shoulders above the competition. I really want to use these insights on the used...
  4. Michael Pokora

    3 Forces of Change in your Used Car Recon Department

    Chris, I completely agree with the premise of the article. If you really want to “make money” on vehicle reconditioning you have a do a few things. The first is as you point out to track the cost of reconditioning, but the second is to have a benchmark cost for each vehicle category. It’s...
  5. Michael Pokora

    Beepi and Vroom and Carvana - will they make a DENT?

    Carvana has the potential to be great, but they have a long road ahead. They are significate to the industry in that they are innovating the buying experience on several fronts the way only a start-up with hundreds of millions of dollars in cash to burn on the experiment can. Not many people...
  7. Michael Pokora

    Advice and Tips Appreciated...

    It sounds like you are prioritizing and triaging problems already, which is a great start. One of the big questions you need to answer is whether you are presenting a commodity or a customized solution for your customers? Are you making money on the vehicles themselves or only on the financial...
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