Is it time to reTHINK Used Car inventory management?

We live in unprecedented times, when technology innovation is happening at an exponential rate. So why are so many dealerships still using a process from 2010 to manage their used vehicle inventory in 2024?

The average used vehicle in inventory is 57 days old. That means that half the used vehicles on dealership lots are older than that.?So why aren't the processes that previously worked for decades, no longer working? What is the solution to this madness?

Well...it's coming soon, and it is the AccuTrade (A Cars Commerce Solution) IIP (Inventory Intelligence Platform). Data is great, but ACTIONABLE data is definitely better.?Click on the following video for a sneak preview:

"But that's the way we've always done it..."

It no longer makes sense to combat modern issues like valuation volatility with EV's, high MDS vehicles, and acquiring vehicles from consumers, with outdated technology & processes.

Modern problems require modern solutions. And trying to retail a 120 MDS (Market Days Supply) vehicle, with a 100 average DOM (Days on Market) doesn't always make much sense; with increased market volatility these days.

It's common practice to discuss the problems and issues that dealers are dealing with this year. At Cars Commerce , we're working relentlessly to help dealers solve these problems. Our goal is to use technology to give Used Vehicle Directors back 5-10 hours a week, to have a life outside of work.

For more information regarding being one of our initial pilot dealers for the AccuTrade (A Cars Commerce Solution) Inventory Intelligence Platform, please let us know at https://www.carscommerce.inc/get-started/?at=true%20&__hstc=244244954.0f5f321c50a8593e57727718c4c9f754.1704298858815.1708714225085.1709142914807.22&__hssc=244244954.2.1709142914807&__hsfp=3297838879