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Why Used Vehicle Managers Are Stealing a Page From the New Vehicle Playbook | vAuto

In this vAuto podcast, Patrick Janes, Sr Director of Business Development for vAuto’s Stockwave solution, shares that used vehicle wholesale supply is down 22% from normal levels and how these current market conditions have spurred a shift in the way dealers source inventory. Patrick details how dealers should not only use local auctions for inventory but can benefit by sourcing from the service lane, dealer to dealer trades, private party listings, and more. Also, some used vehicle managers are stealing a page from new vehicle sales by “taking orders” to proactively find vehicles for customers in the wholesale market. Patrick also details why he believes the wholesale sourcing challenges dealers faced in 2021 are likely to persist in the new year and possibly beyond.

About the Author

With over 30 years of automotive industry expertise, Patrick Janes is the AVP of Inventory Solutions at vAuto. As a former dealership general manager, he emphasizes the significance of a vehicle management system tailored for optimal ROI and dealer strategy support. Patrick's extensive career includes working with dealers nationwide for an OEM and serving as a vAuto performance manager, gaining insights into customer needs. A guest lecturer at Northwood University, Patrick holds a bachelor's degree in industrial engineering from Bradley University.

Profile Photo of Patrick Janes