There is a growing trend among dealers: “Hold in-house auctions.” This topic is somewhat controversial because it has become main stream to take your wholesale cars to auction and that it. Most dealers (more than 92%) take their cars to off site auctions, pay the fees, pay for shipping and … Read More
Having a profitable and well maintained used car inventory can make a huge difference when it comes to the speed, also known as Velocity, in which you turn your used car inventory. Before I begin, you will need a inventory scoreboard. It goes without saying that a professional inventory tool, … Read More
Sometimes the smallest little details make your cars look so much better and in many cases add profit at a 2:1 ratio. When I was younger I made a living buying cheap cars with rips in the seats and dashboards. I would add seat covers and a minor patch kit … Read More
The Basics of Wholesale Car Cleanliness This may sound basic to veteran used car managers but keeping your cars clean isn’t just for cosmetic appeal, it can seriously impact the value’s. As a percentage of profit improvement, a clean car has the most impact on value for the least amount of expense. “Detail … Read More