Keeping fresh inventory is crucial to profitability. Overage inventory kills profitability in the Used Car Department and the Parts Departments. As active Dealers in 20 Groups, we are told over and over again to get rid of overage inventory and increase turn. Thus far, our only option has been to turn these used cars at auctions at prevailing auction prices.
As automobile retailers, this revolutionary 20 Group Portal will now allow us to redefine the disposal value calibrated to what Retail Dealers believe reconditioned inventory is worth.
To those Dealers with multiple roof tops…Remember that when moving your Used Inventory from one location to another location, and taking write downs within your Dealer Group, it’s all coming out of one Treasury…Yours. This Portal will increase your cash position without any inter-dealership write downs.