KPIs to measure that keep dealership inventory on track
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...
TSLA404.58015.6801%
GM82.2554.205%
F12.9500.51%
RIVN17.3900.5%
CYD43.7401.4181%
HMC25.1150.755%
TM218.7805.92%
CVNA388.79026.55%
PAG163.1507.13%
LAD286.88512.015%
AN209.74011.45%
GPI351.07015.59%
ABG213.3609.27%
SAH71.2103.84%
TSLA404.58015.6801%
GM82.2554.205%
F12.9500.51%
RIVN17.3900.5%
CYD43.7401.4181%
HMC25.1150.755%
TM218.7805.92%
CVNA388.79026.55%
PAG163.1507.13%
LAD286.88512.015%
AN209.74011.45%
GPI351.07015.59%
ABG213.3609.27%
SAH71.2103.84%
TSLA404.58015.6801%
GM82.2554.205%
F12.9500.51%
RIVN17.3900.5%
CYD43.7401.4181%
HMC25.1150.755%
TM218.7805.92%
CVNA388.79026.55%
PAG163.1507.13%
LAD286.88512.015%
AN209.74011.45%
GPI351.07015.59%
ABG213.3609.27%
SAH71.2103.84%
vehicle reconditioning
Streamline your dealership’s recon to retail process with one user friendly platform
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...
Finding balance between customer pay work and reconditioning – Mike Boyd | iRecon
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,...
From recon to retail: Passing the baton from the backend to the frontend
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...
Carvana & CarMax’s ramped-up reconditioning operations make efficient & lean recon operations an imperative for dealers
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...
Making ‘profitable reconditioning’ an integral component of your dealership’s used vehicle acquisition strategy in 2021
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...
New to recon software? Make the most of it
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...
5 ways to reduce cost erosion on used car inventory
Every day a used car doesn’t sell costs money. These 5 ways to reduce vehicle cost erosion are vital to your dealership’s ROI.
Asset depreciation is an essential concept for used...
3 steps dealers can take to increase vehicle appraisal accuracy
One challenge many dealerships face is lowering costs to save money in the long run, but many may be leaving a lot of money on the table by overlooking reconditioning...
A look inside industry icon Hugh Hathcock’s automotive retail journey
Today on CBT News, we welcome back to the show Hugh Hathcock, owner of ReconVelocity. Now, you may know a little bit about his success in the automotive retail industry,...
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