If there’s a better way to do something…
it’s gotta be done.
A Few Thoughts for the July Fourth Weekend
I suspect I’m not the only one who’s headed into this year’s July 4th holiday weekend feeling much different than I did in years past…
A Post-Pandemic Question on Factory Facility Requirements
I’ve been wondering if the shakeout from the COVID-19 pandemic across the retail automotive industry will result in any significant changes in the r…
How Four “Cs” Drive Strength in Retail Used Vehicle Demand
There are two questions on the minds of many dealers and industry observers as retail sales of used vehicles continue an impressive run during the nat…
ProfitTime in Practice: Finding Balance in a Bipolar Used Vehicle Market
I’ve noticed what might be considered a case of bipolarity in used vehicle inventories at dealerships across the country. On one hand, there’s…
ProfitTime in Practice: A Pandemic Teaches Important Lessons
For much of the past three months, I’ve been on a near-constant cycle of phone calls and conversations with dealers about their used vehicle busines…
ProfitTime in Practice: Should You Buy a “No-Gross” Car?
Across the country, dealers are complaining that they can’t acquire used vehicles at auction for the right money. The complaint most often comes fro…
A View of Bears and Bulls in the Current Used Vehicle Market
It’s refreshing to see what might be called a boost of confidence among dealers related to their used vehicle departments. Dealers are seeing surpri…
A Perspective on Dealers’ Difficulty Finding Wholesale Inventory
In the past several weeks, as retail sales of used vehicles have grown, dealers have been returning to auction. In recent days, I’ve heard the same…
A Call for Caution As Dealers Return to Auctions
It’s good to feel good about the current state of the retail used vehicle market. Retail sales are off last year’s totals by single-digit perce…
A Call to Return to Retail-Back Used Vehicle Acquisitions
Since the start of the COVID-19 pandemic, everyone’s had their eyes on wholesale values for used vehicles. The focus on wholesale valuation bench…