If there’s a better way to do something…
it’s gotta be done.
A Misunderstood Aspect of Investment Value-based Pricing–“the Overlap”
When dealers use ProfitTime’s investment value-based method of pricing vehicles, they will often see vehicles where the ProfitTime price recommendat…
Rising Retail Prices Bring Relief in Used Vehicles
It’d be easy for dealers to view the sustained, unprecedented rise of wholesale values for used vehicles this fall as another sign that the wholesal…
A Revised View of Wholesale Market Conditions in 2021
Just last week, I shared how wholesale values had…
An Unexpected Upward Turn in the Wholesale Market
If you haven’t been following the wholesale market closely in the past two weeks, you may have missed what amounts to a historic and unexpected upwa…
A Closer Look at Current Dealership Buy/Sell Activity
I had the honor of being asked to participate in a Q&A panel on the reasons behind a remarkable rise in dealership buy/sell activity in 2021. The…
ProfitTime in Practice: How Days in Inventory, Days to Sell Work Together
One of the biggest benefits the ProfitTime system provides dealers is the ability to manage and price vehicles based on their unique investment values…
ProfitTime 2.0 in Practice: A Tale of Great and Greater
Most dealers and used vehicle managers would agree that the used vehicle market has settled down in recent weeks. Gone are the days when wholesale…
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…