How long does it take your dealership to recondition a used vehicle? If you are one of the top performers, the answer would be 24 hours or less. Does it...
KPIs are the one way to gauge if your dealership is on the right track. So every car dealer measures, analyzes and checks accuracy religiously – especially when the market...
Welcome to another edition of Inside Automotive with anchor Jim Fitzpatrick. Today, we're joined by Hugh Hathcock, Owner and Founder of Velocity Automotive, Kalah Hathcock, Executive Vice President at Velocity...
Today on Inside Automotive, anchor Jim Fitzpatrick is joined by Mike Boyd, Founder of vAuto’s iRecon platform. After running used car departments for years, Boyd founded the software solution iRecon,...
We know consumers are information-hungry, as it drives their car buying decisions. Sixty-five percent of consumers spend over a month researching their next purchase, according to Deloitte; with 31 percent...
Although prices are beginning to ease for used vehicles, inventory levels are still not where they need to be for franchise dealers across the country. With new-vehicle inventory levels at...
Nearly every dealer in the country is feeling the pinch on new and used vehicle inventories, with sellable inventory levels down as much as 70% for some dealers. To offset...
Nearly every used car manager in the country uses software and data to make smart decisions when it comes to buying a used vehicle. There are huge financial ramifications to...
If you have $100 in bills in your wallet, does that money have buying power greater than the hundred dollars in your neighbor’s wallet?
The benefit you might possess over the...
Congratulations! You’ve decided to advance your used car business by improving its reconditioning efficiencies through automation.
Now what?
Few people like change, and a shift in daily habits the least, so include...