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Resources

The best dealer resources from our experts to help dealers solve their toughest inventory challenges.

Blog Post

A Fundamental Post-Pandemic Shift in Used Vehicle Sourcing

There’s an old saying in the car business that you can’t sell a car you don’t have in hand. The truth of this statement proved especially true for dealers in the aftermath of the COVID-19 pandemic. Through much of 2020 and 2021, the chief problem dealers faced wasn’t the perennial challenge of selling cars. No, […]

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Video

OLD: iRecon Testimonial | Diego Ferreira | vAuto

Blog Post

ProfitTime GPS in Practice: From Skeptical to Sold

When Mike Cirona, general manager of Scott Robinson Honda in Torrance, CA, initially heard about ProfitTime GPS, he didn’t think his store’s used vehicle department would benefit from it. “I wasn’t crazy about it when it first came out,” Cirona says. “I didn’t think it was ready for prime time. Maybe it was me and […]

A Time to Rethink How You Manage Inventory Age

Three market conditions have converged to cause dealers and used vehicle managers to return to inventory age management policies that call for immediate wholesaling of vehicles that reach 45 or 60 days in inventory. First, there’s depreciation. Cox Automotive data shows that through the first week of August, values have declined between roughly 5 percent […]

eBook

Find Inventory Investments | ProfitTime GPS eBook | vAuto

ProfitTime GPS is the industry’s first-and-only Global Acquisition system that helps dealers best navigate the new normal of inventory shortage. Don’t just find inventory. Find investments. This eBook discusses how dealers can maximize profitability as they source inventory from any and all channels. View how to set an acquisition strategy based on profit potential, execute […]

Video

Hear how ProfitTime GPS Improved Average Gross by 10% | vAuto

We spoke with Terry Chechakli, Director of Operations at Smith Auto Group at the 2022 NADA Show. He discussed how adopting ProfitTime GPS early improved their appraisal process, increased average gross by 10%, and allowed his team to make informed decisions based on “cold hard numbers” and not on their “gut”. Listen to what Terry […]

New Acquisition Strategy to Match a New Market | Used Car Week 2021

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Infographic

SnapLot 360 It’s Easy to Expand Beyond Your DMA | Infographic

When shoppers look online for their next vehicle, they expect way more than your basic merchandising tactics. SnapLot 360 gives them an immersive experience so they can view every detail—inside and out. Check out the infographic to see just how easy SnapLot 360 really is.

Blog Post

ProfitTime GPS in Practice: Elevating Appraiser Accuracy, Consistency and Performance

It’s been an eye-opening experience as I’ve taken part in early training sessions for dealers who are adopting the new ProfitTime GPS (Global Profitability Solution). The training sessions typically address two main elements—how dealers can use ProfitTime’s 1-12 scoring system to establish the strategic start/end points for every appraisal (your “target” and “threshold”), and how […]

Cox Automotive Launches vAuto ProfitTime GPS with the Industry’s First Multichannel Inventory Sourcing System

February 10, 2022: Cox Automotive Launches vAuto ProfitTime GPS with the Industry’s First Multichannel Inventory Sourcing System appeared first on vAuto.