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Unlocking Profitable Used-Car Sourcing: Expert Q&A with Cox Automotive

Unlocking Profitable Used-Car Sourcing: Expert Q&A with Cox Automotive
1 Min Read

Discover actionable strategies for optimizing used-car inventory acquisition in today’s competitive market. In this Q&A, Derek Hansen, Senior Vice President of Dealer, Lender, and Inventory Management Solutions at Cox Automotive, shares insights on:

  • Navigating tight vehicle supply and rising competition
  • Leveraging multiple sourcing channels for better outcomes
  • Using AI-driven tools for smarter appraisals and forecasting
  • Measuring key metrics like acquisition rate, time-to-line, and gross margin
  • Achieving broader sourcing and stronger profitability through channel-specific strategies

This infographic distills expert advice to help dealerships adapt, thrive, and boost their bottom line with innovative technology and data-driven decision-making.