Profitability Archives | Page 6 of 12 | vAuto

Optimizing Profitability Across Diverse Acquisition Channels and Rooftops

With more used inventory coming from multiple sourcing channels, dealers now manage a diverse mix of vehicles with varying profit potential. The challenge is aligning sales volume and profitability objectives with the channels where you perform best. In this ASOTU Edge webinar, hosts Paul J Daly and Kyle Mountsier are joined by Derek Hansen of […]

How vAuto Powers Mohawk Auto Group’s Strategy

Video

How vAuto Powers Mohawk Auto Group’s Strategy

The team at Mohawk Auto Group uses vAuto to power every stage of their used car strategy – from precise stocking and in-lane sourcing to reconditioning and retail. With tools like ProfitTime® GPS and iRecon fully integrated, their team moves faster, prices more competitively and stays aligned on high-value decisions. And, with their Mohawk Exchange […]

From Source to Sale: A Strategic Approach to Maximizing Used Vehicle Profitability

In this vAuto podcast, used vehicle director Drew Hall of Cloninger Automotive Group details how/why the group adopted a source channel-specific strategy for acquiring vehicles to reduce dependency on auctions. Hear how this strategy has reshaped the way the group acquires, appraisses and prices vehicles to maximize profitability. Get insights to help you establish vehicle […]

Blog Post

Modern Strategies to Combat Declining Profitability

Independent dealers are facing a slew of new challenges as they head into the second half of the year—tight inventory, shrinking margins, and affordability concerns that are reshaping how consumers shop. While used vehicle sales are forecasted to be up this year, compared to last year, the path to profitability is anything but straightforward. That’s […]

Blog Post

Automotive Tariffs: How Dealers Can Optimize Inventory and Profit

In the ever-evolving automotive industry, tariffs have emerged as a significant disruptor, influencing both new and used car markets. As we navigate these turbulent times, understanding the key factors that affect inventory availability and profitability is crucial for dealers. This article delves into the complexities of automotive tariffs and their effects on new and used […]

A Sneak Preview of Dale Pollak’s New Book, Invested

In this vAuto podcast, vAuto founder and Cox Automotive Executive Vice President, Dale Pollak shares a sneak peek of his new book, Invested: The New Science, Strategy and System of Used Vehicle Investment Management. Pollak shares: Why he believes market conditions now require dealers to adopt investment management principles to contend with higher vehicle costs […]

Video

Live Market View Q1 2025 | A Look at the Road Ahead from NADA 2025

In this Q1 2025 edition of Live Market View, vAuto founder and Cox Automotive executive vice president Dale Pollak joins Derek Hansen at NADA 2025 to discuss market conditions dealers will face as the year unfolds. Dealership profitability and the need to acquire inventory—and provide greater transparency to win more vehicles from customers—top the list […]

Blog Post

The Power of Precision: Why Your Appraisal Accuracy Matters More Than Ever | vAuto

For automotive dealerships, appraisals are more than a routine step in acquiring inventory. They are a pivotal touchpoint that directly drives your potential profitability for a vehicle, your operational efficiency and customer trust. Yet, the industry faces a common challenge—too often, appraisals remain inconsistent, subjective, and detached from measurable strategy. It’s like every appraiser does […]

Blog Post

vAuto Enhances Conquest, Making it Easier for Dealers to Apply VIN-Specific Incentives to New Cars

As incentives rise and become increasingly complex, Conquest gives dealers the tools they need to correctly—and efficiently—apply the right offers to their vehicles. ATLANTA – September 23, 2024 – Today, vAuto is announcing new functionality that solves another pain point for franchise dealers: managing increasingly complex new vehicle incentives. The Cox Automotive brand achieves this […]

Blog Post

Elevating Your Game: The Art and Science of an Optimal Inventory Mix

Elevating Your Inventory: The Art of Acquiring Used Vehicles Managing a car dealership is a complex balancing act, especially when it comes to inventory management. The constant fluctuation in demand, supply shortages, and market trends often leave dealers struggling to find that elusive “right mix” of vehicles on their lot. Too much inventory can lead […]