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ProfitTime GPS in Practice: A Closer Look at a Bronze Car Problem

October 26, 2022

Across the country, the share of distressed vehicles in dealer inventories is rising. On the surface, a rise in the number of distressed vehicles i…

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ProfitTime GPS in Practice: “Fishing Where the Fish Are”

October 13, 2022

A little more than 60 days ago, when Gettel Automotive in Bradenton, FL, began using ProfitTime GPS in earnest, Kurt Fisher, director of pre-owned ope…

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A Pivotal Time for Dealers and Used Vehicles

September 30, 2022

It’s a pivotal time for dealers retailing used cars as they head into the final quarter of 2022. Why pivotal? Well, there’s been a marked shift…

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Why It’s Time To Tighten Up and Be Ready in Used Vehicles

September 2, 2022

Two things occurred in the past week that prompt this call for dealers to be ready for a rougher run in used vehicles for the remainder of the year th…

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“CPR” to Offset Declining CPO Profits, Sales for Dealers

August 26, 2022

I’m seeing more fault lines around certified pre-owned (CPO) sales that, over the years, have become the backbone of used vehicle departments for ma…

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ProfitTime GPS in Practice: From Skeptical to Sold

August 17, 2022

When Mike Cirona, general manager of Scott Robinson Honda in Torrance, CA, initially heard about ProfitTime GPS, he didn’t think his store’s used…

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A Time to Rethink How You Manage Inventory Age

August 12, 2022

Three market conditions have converged to cause dealers and used vehicle managers to return to inventory age management policies that call for immedia…

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Beware the Pitfalls of a “New Car Masquerade” in Used Vehicles

July 27, 2022

In the past few weeks, I’ve come to understand what I’d call a “new car masquerade” in used vehicle departments across the country. Perhaps…

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A Primer on Used Vehicle Price Sensitivity

July 20, 2022

As the used vehicle market returns to more normal conditions, I feel compelled to reiterate a perspective on retail price sensitivity that seems to ha…

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More Eyes on Dealers’ New Vehicle Mark-Ups

July 18, 2022

A couple months ago, an associate asked if I’d heard or seen any chatter among dealers about an apparently crowd-sourced site (…

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