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19 minute listen

How Data Science Drive More Profitable Used Vehicle Pricing – Cox Automotive Experience 2021 Session

It didn’t used to be possible for dealers to know every used vehicle’s investment, or its optimal pricing strategy. Without this knowledge, dealers typically applied a one-size-fits-all approach to pricing used vehicles. Every vehicle effectively got the same treatment— start at a specific mark-up or Price to Market range and reduce price as the vehicle […]