Live Market View with Randy Kobat Q2 2021 | vAuto
In this edition of Live Market View, Randy Kobat talks about how vehicle data insights can help you make better-informed pricing decisions to optimize used vehicle turn and gross.
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Pricing
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Cheat Sheet: Source Smarter with Stockwave
Stockwave from vAuto makes acquiring wholesale vehicles easier. Access an average of 300,000 vehicles per day from 300+ marketplaces, and our Live Market View of today’s used car values and pricing.
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A Persistent, Two-Pronged Used Vehicle Pricing Problem
I’m seeing it day after day. At almost every dealership. It’s what can only be described as a problematic, two-pronged pricing problem. I’ll dig into the problem in a moment. But first, I must...
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Beyond Velocity Introduction Video | vAuto
In these unprecedented and unpredictable times, Dale Pollak makes the case for moving beyond a one-size-fits-all Velocity® approach for used vehicle management.
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The Return of Depreciation | Q2 2022 Live Market View | vAuto | Randy Kobat
Used vehicle sales are slowing compared to last year and depreciation is back. Before you raise the alarm, watch this edition of Live Market View with Randy Kobat.
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A Primer on Used Vehicle Price Sensitivity
As the used vehicle market returns to more normal conditions, I feel compelled to reiterate a perspective on retail price sensitivity that seems to have been lost over the course of the past two...
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Hear what dealers are saying about ProfitTime GPS | vAuto
Learn more about ProfitTime GPS with Global Acquisition: https://bit.ly/35jCCJs
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Will We See A Sudden Change to Used Vehicle Values?
I’ve had several conversations in the past week or so with dealers wondering if we’ll soon see a “burst” in what some have dubbed a used vehicle pricing bubble. Dealers point to a recent and...
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ProfitTime in Practice: A Deeper Dive Into Bronze Vehicle Pricing
When dealers are making record profits and selling all the used vehicles they can acquire fairly quickly, it can be difficult to convince them that their current decision-making could be better or...
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[Video Podcast] 2021 in Review: 5 Take-Aways to Shape Your 2022 Success | Dale Pollak | vAuto
In this vAuto podcast, vAuto founder and Cox Automotive executive vice president Dale Pollak shares five take-aways from 2021 that will drive success in the year ahead. Watch Now.
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Even Better Cheat Sheet | Behind the Numbers | ProfitTime
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We’ll Make Money on Every Car We Can
Learn how a firmer commitment to managing inventory as investments has helped one dealer group achieve even better gross profit and volume outcomes. Watch now.
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Cheat Sheet: A New World Order For Your New Car Business
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A Misunderstood Aspect of Investment Value-based Pricing–“the Overlap”
When dealers use ProfitTime’s investment value-based method of pricing vehicles, they will often see vehicles where the ProfitTime price recommendation range doesn’t seem to make sense. For...
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ProfitTime in Practice: How Days in Inventory, Days to Sell Work Together
One of the biggest benefits the ProfitTime system provides dealers is the ability to manage and price vehicles based on their unique investment values. It’s a more sound and sophisticated approach...
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3 Tools to Price Used Cars Competitively in a Hot Market
vAuto's Provision is a trusted tool that offers superior data and insights to help drive appropriate vehicle pricing that’s tied to a current market where it competes.
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Downside Up
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ProfitTime 2.0 in Practice: A Case of Moonshots and Missed Shots in Used Vehicles
If you examine how dealers are pricing used vehicles in the current market based on the investment value of each vehicle, it amounts to a tale of two cities. Or, more specifically, it boils down...
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3 Ways to Maximize Your New Car Sales With Improved New Vehicle Management
It’s sometimes startling to see the disparity in the ways dealers manage their new and used vehicle inventories. As a dealer recently put it, “I have $1.4 million in used vehicle inventory, and we...
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3 Essential Steps To Maximize Gross Profits On Auction Cars
If you ask dealers for their top complaint about the used car business, many will say it’s difficult, if not impossible, to acquire wholesale vehicles “on the money.” Dig a little deeper, and the...
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