Monday, December 6, 2021
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used vehicles

Cox Automotive’s Randy Kobat shares the best practices and acquisition methods...

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How can car dealerships best maintain profit in today’s environment with low new car inventory and high demand for used vehicles? Randy Kobat, Vice...
Velocity Automotive Solutions

How Velocity Automotive Solutions is eliminating dealer headaches with its user-friendly...

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Today on CBT News, anchor Jim Fitzpatrick is joined by Hugh Hathcock, Owner and Founder of Velocity Automotive Solutions, home of VelocityEngage and ReconVelocity....
reconditioning

How to streamline the reconditioning process in a banner sales...

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Vehicles that look better sell better. But, as in most things, you may find yourself facing decisions on whether to focus on time, quality, or cost when it comes to reconditioning your trade-ins and auction purchases. You aren’t interested in having your inventory sitting around while you put together a reconditioning team. But you also […]
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sales

The modern sales team as a driver of inventory turn

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Sales departments that interact closely with their dealership’s reconditioning function put more “sold” units on the board. Unfortunately, few sales managers and their teams...

Whatever your used car volume, claim the advantage

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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...
judgment

Trust Your Judgment

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I started my career in the car business selling Oldsmobiles. Since then, I have managed used cars, reconditioning and sales — and I was...
recon

Go Find That Car! The Costly Calamity of Misplaced & Idle...

As much as we hate to admit it, we’ve all lost cars – sometimes for days or longer. A car may have been stolen...
recon process

Improving Your Recon Processes in Today’s Climate

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According to the Cox Automotive Auto Market Weekly Summary for June 1, 2020, the used vehicle market has rebounded better than previously forecasted. Compared to May 209, used car sales are up 6 percent year over year. That’s excellent news for one of the largest industries in the United States. However, used car inventory is […]
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reconditioning

6 Tips to Make the Reconditioning Process Easier and More...

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One of the fastest ways to increase used vehicle sales and profits is to streamline the reconditioning process. Buying great inventory at a great price is only half the battle. Great inventory buys can lose their effect fast if that inventory sits for too long and/or incurs too much expense during the reconditioning process. Let’s […]
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recon

How Paragon Honda Successfully Transitioned to a New Recon Process –...

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In this segment, we're pleased to introduce Gage Hathcock of ReconVelocity and Rob Patel, Auto Remarketing Specialist at Paragon Honda. Jim, Rob, and Gage...