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Dealers Achieve An Industry First for Inventory Efficiency

July 23, 2020

It’s almost a tired saying these days: We all must learn to do more with less. But I’d like to point out what amounts to a true-blue, and poten…

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ProfitTime in Practice: Discipline Drifts in Today’s Retail Tailwinds

July 16, 2020

I’ve spent way more hours than I can count on airplanes in the past decade. Truth be told, I miss the travel and the daily get-up-and-go routine it…

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Taking Notice of Two Used Vehicle Market Trendlines

July 9, 2020

There are two trendlines in the used vehicle market that merit every dealer’s attention. The first is the rolling seven-day average of retail sal…

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A Few Thoughts for the July Fourth Weekend

July 3, 2020

I suspect I’m not the only one who’s headed into this year’s July 4th holiday weekend feeling much different than I did in years past…

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A Post-Pandemic Question on Factory Facility Requirements

June 30, 2020

I’ve been wondering if the shakeout from the COVID-19 pandemic across the retail automotive industry will result in any significant changes in the r…

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How Four “Cs” Drive Strength in Retail Used Vehicle Demand

June 19, 2020

There are two questions on the minds of many dealers and industry observers as retail sales of used vehicles continue an impressive run during the nat…

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ProfitTime in Practice: Finding Balance in a Bipolar Used Vehicle Market

June 16, 2020

I’ve noticed what might be considered a case of bipolarity in used vehicle inventories at dealerships across the country. On one hand, there’s…

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ProfitTime in Practice: A Pandemic Teaches Important Lessons

June 9, 2020

For much of the past three months, I’ve been on a near-constant cycle of phone calls and conversations with dealers about their used vehicle busines…

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ProfitTime in Practice: Should You Buy a “No-Gross” Car?

June 5, 2020

Across the country, dealers are complaining that they can’t acquire used vehicles at auction for the right money. The complaint most often comes fro…

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A View of Bears and Bulls in the Current Used Vehicle Market

June 2, 2020

It’s refreshing to see what might be called a boost of confidence among dealers related to their used vehicle departments. Dealers are seeing surpri…

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