Used Car Stock & Sales Metrics
There are several key metrics which need to be monitored to maximise profitability and ensure efficiency in running a used car operation. Here are some of the key ones. Stock Units Calculation: Count of all individual vehicles in the dealership’s inventory. Importance: This gives a clear picture of inventory size, which is crucial for managing […]
Maximizing Profits with Accurate Car Valuations
Within the automotive industry, precise car valuations are essential for success, particularly for car dealerships aiming to optimize profits. To begin with, establishing the exact value of a vehicle is critical for effective pricing strategies. Moreover, it impacts multiple facets of the business, spanning from inventory management to ensuring customer satisfaction. In this blog post, […]