Remove Hospitality Remove Management Remove Used Cars
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Reducing Worries for Dealership GMs

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As mentally ambidextrous as I want to think I am, I marvel at the responsibilities dealership general managers carry on their shoulders. So, I ask myself, do the technology solutions GMs buy from us add to their burden? This confidence is critical in two phases of used car operations — reconditioning and appraisals.

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Rapid Recon, Velocity Automotive Close the Trade Appraisal Gap

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“All managers across the United States of America share a big fear – we don’t want to make a mistake. This profit per vehicle strategy couldn’t have come at a better time,” said Jared Ricart, president of the Ricart Automotive Group, whose used car operation sells 600 to 800 used cars monthly.

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Closing the Appraisal Gap

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Dealers today enjoy more predictable used car results because they leverage strategic reconditioning software’s robust efficiency metrics called time-to-line or T2L, a process we introduced to the market in 2010. The profitability of used cars has been, until now, primarily determined by demand and availability.

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Accelerating Vehicle Turnaround to Enhance Dealership Efficiency

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Just as a patient might appear healthy while harboring a hidden illness, a used car can look perfectly fine on the surface while concealing costly mechanical problems. Similarly, dealerships can use diagnostic information to prioritize vehicles with more severe issues.

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