Helping Dealers Navigate Today’s Vehicle Affordability Challenge
Discover how to navigate vehicle affordability challenges with vAuto’s cutting-edge solutions. Leverage dynamic pricing, innovative merchandising, and real-time market insights to optimize inventory and drive sales. Unlock strategic planning tools to stay competitive and boost profitability.
Stay Competitive with Real-Time Pricing
Discover how vAuto’s Conquest helps dealers optimize pricing with real-time data and automated rules, ensuring competitive edge and profitability amidst fluctuating market demands.
Engage Buyers with VDPs
Transform your online showroom with vAuto’s merchandising tools, showcasing each vehicle’s story through detailed VDPs and interactive elements, capturing buyer interest effectively.
Adapt Fast with Real-Time Data
Stay ahead with vAuto’s live market view, offering up-to-date insights that allow dealers to swiftly adjust strategies and maintain competitiveness in a dynamic automotive market.
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More Inventory Trend Articles
Read about other major inventory trends dealerships across the country are facing along with vAuto’s point of view on the state of the industry.
There’s an old saying in the car business that you can’t sell a car you don’t have in hand.
The truth of this statement proved especially true for dealers in the aftermath of the COVID-19 pandemic. Through much of 2020 and 2021, the chief problem dealers faced wasn’t the perennial challenge of selling cars.
Why Dealers Should Adopt Variable-Based Used Car Management
Strong retail demand and limited used vehicle supplies effectively eliminated the perennial worry of aged inventory for dealers. But depreciation returned when the average days supply of vehicles in dealer inventories hovered near 50 days, meaning some dealers had inventory they’d acquired 45 or 60 days earlier at the top of the market.
Customers Buying Preferences Continue to Evolve
For more than a decade, Cox Automotive has been tracking what consumers appreciate and expect from dealers when the time arrives to purchase a new or used vehicle. From this research, two clear trendlines emerge that hold significant implications for dealers who want to grow their sales volume and profitability of their new and used vehicle departments.