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Evolution of Auction Purchase Metrics

What metrics should dealers use to guide their decision-making at auction? On this episode of the vAuto Podcast, Patrick Janes, business development director for Stockwave, joins host Lance Helgeson to discuss three important metrics dealers should use when they go to auctions to make sure they’re bringing home the most profitable cars.

 

About the Author

Patrick Janes brings more than 27 years of automotive industry knowledge to team vAuto. As the business development director for Stockwave, vAuto’s wholesale sourcing solution, Patrick knows firsthand the biggest risk to ROI is buying inventory at auction, having previously managed day-to-day operations for nine years as a dealership general manager. Before his dealership experience, he spent the first half of his career working with dealers across the country in several field offices for an OEM. For the last three years, Patrick served as a vAuto performance manager, building a solid understanding of customer needs and expectations. He has seen firsthand an exciting new generation of technologically savvy used car managers and owners that find Stockwave saves time and enables a more strategic approach to the acquisition process. Patrick received his bachelor’s degree in industrial engineering from Bradley University.

Profile Photo of Patrick Janes