used cars

  1. garbe

    PR & News Car Dealership Guy: "So — let's cut to the chase. Is there money to be made on used EVs or not?"

    Yes or no? Here's the story link and here's a PDF if you hit the login wall.
  2. HK Rides

    Generating Leads

    We are having trouble with generating leads, specifically on Autotrader. Mainly looking for insights, tips, etc. We recently listed 3 vehicles earlier this month, two of which we were led to believed were well sought after in Los Angeles after researching. They are priced at or below what other...
  3. HK Rides

    Seeking Recommendations for Software to Predict Vehicle Sales Velocity

    I'm looking for reliable software that can help us predict how quickly a vehicle will sell. Does anyone have experience with software tools that provide insights into vehicle demand and sales predictions? Any recommendations for tools that are particularly effective and user-friendly?
  4. Alice Coleman

    What's Your Inventory Strategy?

    Wondering about your inventory game plan. How do you approach choosing the right vehicles? Please share below.
  5. Henrik Andersson

    Lead time management by automation

    Hello, My name is Henrik Andersson and I work for the Swedish company Carcare System Europe. I am looking for car dealers who can consider being part of a pilot with our software to automatically start measuring their lead times in each desired step for used cars. We are a startup company...
  6. George Nenni

    Used Car Week - Who attends and who is going???

    In four weeks, one of my favorite annual automotive events is happening, Used Car Week. Who is attending? Who has gone in the past? Used Car Week is unique, a multi-day event focused on the used vehicle market, including wholesale, auction, auto FIN, retail and M&A. The content, the attendees...
  7. Jeff Kershner

    #RefreshFriday NIADA and DealerRefresh | Jeremy Beck & Ben Goodman

    View: https://www.youtube.com/watch?v=HxB3-A1DmvE Aren't we all entirely in the used car business? Unless you're selling new Teslas (and if you are, why are you here), franchised and independent dealers share many of the same challenges today. NIADA and DealerRefresh have teamed up! This is...
  8. George Nenni

    A Return to 2008?

    ⛽️ ⬆️ With fuel prices spiking, and no near-term anticipated drop, will we see a return to 2008, with low-MPG vehicle pricing dropping, as consumers flock to more fuel-efficient models? Attached is a screenshot of a Google Trends report I ran this morning. With fuel prices at near record...
  9. Ted Gaines

    Reconditioning is Mining Your Inventory for Margin - Don't Walk Away From It

    I read a comment recently in one of the other online forums for Used Car dealers. The poster, a dealer principal, wrote: “With reconditioning cost through the roof these days I prefer to buy as ready as possible. I feel my money is better spent on the frontline ready car..” Really? Of course...
  10. competitionsubaru

    Competition Subaru of Smithtown

    As the top Subaru dealership in Smithtown NY, serving St James, Huntington and Hicksville, Competition Subaru offers a wide variety of both new and pre-owned Subaru cars, including Subaru Outback, Subaru Ascent, Subaru Legacy and more. We also provide Subaru servicing and OEM auto parts as well...
  11. ryan.gerardi

    How much of the used car market remains for Traditional Auctions?

    By some estimates, there has been up to if not more than a 40% drop over the last 10 years in the volume of used cars that pass through traditional (physical) auctions. This of course is because auctions have moved online. It's just more efficient to go online and target the cars you want and...
  12. M

    CarGurus and selective rule enforcement

    Like any UCM, I am always trying to get my cars out there, and make the best impression on as many sites as possible. Lately I've been getting killed by CarGurus and I've found out why. All of my cars have been pushed into "High Price" or "Over Priced" category because larger stores in the...
  13. Jim Leman

    The Economic Facts for Automated Recon

    Dealers tell us they make $50 in cost, gross improvement and increased turn rate for every $1 spent to automate their reconditioning operations. For dealers reconditioning just 50 cars a month, the return on investment is $15 for every $1 spent. Look hard elsewhere, but you’ll not find a better...
  14. Jim Leman

    Increase Profits By Reducing Your Recon Timeline –

    Looking to increase used car inventory turn and capture better margins - find out how do so here: https://www.cbtnews.com/increase-profits-by-reducing-your-recon-timeline-dennis-mcginn/
  15. Jim Leman

    Enjoy a $50 return for $1 spent

    Strategic reconditioning workflow tools and time to line (T2L) disciplines make modern velocity-based inventory management most effective for a dealership. T2L increases turn, streamlines processes, and structures and organizes the many steps required to move vehicles from acquisition to the...
  16. H

    Shipping out of state auction bought vehicle

    Hello, I’m new to the forum and also new in the used cars business. I would like to learn more about transportation of auction bought vehicle economically. Questions I have: 1.What is the average cost of transportation per vehicle ? 2.What is the best logistic company to use it for...
  17. John Colascione

    Deals4Dealers Having Trouble with Lead Gen on Used Inventory?

    *****The Dealer Refresh Deal****** 40% Discount for Used Car Inventory Marketing (either of the three packages) This is a deep discount and will probably put us at delivering it at cost. This offer is valid till June 1st, 2018 Here is my unique Deals4Dealers offer; a deep, 40% discount on...
  18. Jim Leman

    Inventory Freshening, VSC Program for Non-Franchise Dealers

    Fidelis PPM announced today its sister company Vero has partnered with financial services provider Allied Solutions to provide a new inventory merchandising and vehicle service contract program designed to drive profits and retention for non-franchise used-car operators. Together, Vero and...
  19. Jim Leman

    Master the Practice of Profitable Used Car Reconditioning

    Dennis McGinn,FOUNDER AND CEO OF RAPID RECON; [email protected]; http://rapidrecon.com/ March 2018 - AutoSuccess magazine - Here’s a question often asked when dealership group managers gather, which unfortunately typically goes unanswered: “How many of you know your average days in recon?”...
  20. Jim Leman

    Why You Need Rapid Reconditioning

    Not to be simplistic, but you already know the answer to the question, “Why do I need rapid reconditioning?” You need it because time is money. If you can’t measure recon speed and maintain process accountability accurately, any cycle time your team offers is just a wild guess. In our...
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