- Mar 17, 2011
- 237
- 94
- First Name
- Ryan
In the used car business, having a defined strategy for disposition at the time of purchase reduces confusion, increases efficiency, and makes your pricing strategies more effective. Disposition also keeps avenues outside of standard retail at the forefront of your mind.
Knowing at the time of purchase (acquisition) what the market days supply and desirability of a vehicle is will inform you as to whether the unit will be a retail, wholesale, or combination of the two. Preparing yourself assists in developing your pricing strategy – will it be a vehicle you hold for gross initially and then discount slowly or will you only let it go days before discounting it more rapidly?
Join us on Wednesday January 17th at 1 PM CST for this exclusive Live DealerRefresh Web Chat featuring David Long of Del Grande Dealer Group and Vehicle Acquisition Network President and Founder Tom Gregg, where we will explore the development of strategies for each and every pre-owned inventory unit acquired at the time of the purchase.
Discussions include…
Knowing at the time of purchase (acquisition) what the market days supply and desirability of a vehicle is will inform you as to whether the unit will be a retail, wholesale, or combination of the two. Preparing yourself assists in developing your pricing strategy – will it be a vehicle you hold for gross initially and then discount slowly or will you only let it go days before discounting it more rapidly?
Join us on Wednesday January 17th at 1 PM CST for this exclusive Live DealerRefresh Web Chat featuring David Long of Del Grande Dealer Group and Vehicle Acquisition Network President and Founder Tom Gregg, where we will explore the development of strategies for each and every pre-owned inventory unit acquired at the time of the purchase.
Discussions include…
- Which dispositions channel will yield the optimum return (fastest turn with the highest profit potential)?
- Am I exercising all of my disposition channels effectively?
- Is the vehicle a potentially desirable vehicle to one of your wholesalers?
- Do you know of a dealership in the area that pays the most for a particular unit?
- Have certain units sold more quickly at auction than on the lot in recent months?
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