Inventory Management Archives

Watch VINCUE Accelerate LIVE: A Dealer Roundtable All About Appraisals

https://www.youtube.com/watch?v=nObmF9wwAyM Every used car manager appraises inventory differently, and usually they believe their way is the best way. From book vs. market data to inventory management algorithms, when you learn how one person appraises a vehicle, you’ve only learned exactly one way to appraise a vehicle. Moderated by Danny Zaslavsky, Managing Parter at VINCUE and …

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Watch VINCUE Accelerate LIVE: Pricing & Performance with LotPop

https://youtu.be/yWI5w9Emlkc Inventory Performance Management is a staple service for any inventory management solution provider, and good Performance Management can make a huge difference on how you source, retail, price, and market your retail vehicles. Performance Management also tends to drop in quality and priority over time as dealers get occupied with the fires and emergencies …

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Watch VINCUE Accelerate LIVE: Gross Behaviors

Leave a Comment / Dealer Knowledge Base, VINCUE Accelerate / By Michael Hopkins

https://www.youtube.com/watch?v=GcHJ16m8ZuI There are a lot of gauges to read and a lot of levers to pull across your dealership that may (or may not) have an impact on how many cars you sell this month. Most of the time, we rely on behaviors like sales spiffs, price reductions, or service packages to try and move …

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Country Hill Motors Increases Front-End Gross AND Turn with Vehicle Buying Center

Case Study, Dealer Knowledge Base / By Michael Hopkins

Vehicle sourcing is the cornerstone of any successful dealership strategy. Buying the right inventory — at the right price — is critical to thriving in today’s auto market. Country Hill Motors spent years using an auction sourcing strategy that kept profits steady. However, as the market became more competitive, they knew something had to change. …

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5 Ways to Improve Your Dealership’s Inventory Turn Rate

Dealer Knowledge Base, Strategy / By Team DealerCue

Moving inventory quickly is critical to your dealership’s success, but it’s tougher than ever for dealers to meet the ideal 30-day turn rate. For years, dealers industry-wide have tried to improve inventory turn rates by lowering prices. But this is just a temporary solution — and even worse — one that can end up putting …

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Inventory Data: 7 Metrics to Supercharge Dealership Sales and Profit

Dealer Knowledge Base, Strategy / By Team DealerCue

How do today’s top dealers stay those crucial few steps ahead of their competition? Two words: better data. Better data allows dealers to buy the right inventory, price it competitively, and still maintain their profit margins. It’s the key to achieving high gross and high turn — the new winning strategy for modern dealers. Without …

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Inventory+ vs. VINCUE: Which Car Appraisal Tool is right for you?

Dealer Knowledge Base, Strategy / By Michael Hopkins

Long gone are the days when dealers had to choose between a rock and a hard place when it came to dealership software. There are numerous great options on the market today, which means dealers have a new challenge: Choosing the right tools for them. Pricing and appraisal tools are some of the most important …

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RevCue Inventory Management and Websites

Dealer Knowledge Base, Press Releases / By Michael Hopkins

DealerCue Debuts RevCue, Inventory Management & Website Solutions for Dealerships Kansas City, Missouri, August 31, 2017—DealerCue releases RevCue, the latest addition to the VINCUE automotive dealership software suite delivering integrated, full-featured, pricing, stocking and merchandising solutions affordable for dealerships of all sizes. DealerCue has experienced exponential growth over the last year by delivering on its …

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