Used Car Stock & Sales Metrics
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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
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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, […]