If there’s a better way to do something…
it’s gotta be done.
ProfitTime 2.0 in Practice: How VDP Values Vary Across Used Vehicle Investments
More than a decade ago, dealers were coming to understand the value of Search Results Pages (SRPs) and Vehicle Details Pages (VDPs) metrics for their…
ProfitTime 2.0 in Practice: Five Take-Aways from a Fast-Moving Market
If there’s one thing that dealers might conclude from the used vehicle market through much of this year, it’s that if you’re not paying close at…
ProfitTime 2.0 in Practice: How the Fallacy of “Fresh Cars” Lives On
There’s a bit of what I would call an investment value disconnect with dealers and their used vehicles that offer the least amount of potential prof…
Missing the Import of Current Retail Automotive Conditions
It seems as if nearly everyone in the industry, especially dealers, wants answers to two important questions: When will the current chip shorta…
Reconditioning Inefficiency Comes Back to Bite–Hard
Amid the current, incredible run of strong retail demand for used vehicles, some dealers are forced to do something many would have considered unheard…
Ripple Effects of Current New Vehicle Inventory Constraints
There is absolutely no question that the micro-chip and COVID-19 constraints on factory production and sales of new vehicles has landed franchise deal…
Early Signs of a Market Moving to More “Normal” Dynamics
When you boil eggs or pasta on a stovetop, there’s a point when it’s wise to lower the heat to avoid a boil-over. You shouldn’t drastically redu…
ProfitTime 2.0 in Practice: A Case of Moonshots and Missed Shots in Used Vehicles
If you examine how dealers are pricing used vehicles in the current market based on the investment value of each vehicle, it amounts to a tale of two…
4 Pointers for Acquiring Inventory in an Appreciating Market
With wholesale values of vehicles reaching record highs, dealers are asking if it makes sense to continue acquiring inventory at costs at, near or som…