Inventory-Related Content | Cox Automotive Inc.

Turn to Earn: Speeding the Wholesale-to-Retail Process to Grow Profitability 11/29/2016 Since 2009, the gap between list price and transaction price has steadily declined. To overcome this profit margin compression, dealers must increase overall operational profitability by: Reducing overhead Freeing dealership resources to focus on profit centers Selling more vehicles at a faster rate rather than maximizing gross per unit Infusing speed and efficiency into the wholesale-to-retail process — from inventory identification, acquisition and floor-planning to inspection, transportation and… Read Article

Inventory Acquisition Wholesale Merchandising Reconditioning Inventory

Manheim Customers Gain Higher Auction Values, Expanded Marketplace via its Digital Platform 10/10/2016 Vehicles posted on OVE.com, Manheim’s 24/7 bid or buy now wholesale vehicle marketplace, are exposed to a broader range of buyers, but do they retain a higher auction value than those that are re-run through the physical lane? The answer according to a recent Manheim study is a resounding yes. In an analysis of 15 Manheim national commercial customers that list “no sales” on OVE.com, vehicles… Read Article

Inventory Inventory

Manheim Used Vehicle Value Index Report – June 2016 07/14/2016 Wholesale Prices Rise Again in June... Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased for the third consecutive month in June, resulting in a Manheim Index reading of 126.2. After rising every month in the second quarter, wholesale prices are now at their highest level in more than four years and off only 1.3% from the record high reached in May 2011.… Read Article

Operations Inventory Wholesale Inventory

Dealer Uses Trade-In Tool to Maximize Inventory Acquisition & Improve Customer Handling 06/03/2016 Case studies from Kelley Blue Book are designed to illustrate how various types of auto dealerships across the country are using tools and technology to transform their businesses. This case study looks at an Independent dealer’s experience with Kelley Blue BookSM Instant Cash Offer and how it supports a dealer’s operations in the critical steps leading to a sale – specifically the areas of vehicle selection,… Read Article

Inventory Case Study Trade-In Inventory Sales

How to Avoid Two Common Sins of Summer in Used Vehicles 07/16/2015 Special Feature by Dale Pollak, founder of vAuto. It’s not uncommon for dealers to commit two cardinal sins in used vehicles as summer gets into full swing. The first sin is the impulse to beef up used vehicle inventory to drive additional sales. Every summer, it seems, I hear from dealers who plan to add 30 to 50 units to their used vehicle inventories. Their goal:… Read Article

Inventory Inventory