NADA 2023

Windshield or rearview mirror? How do you manage used cars? (Room D175)

26 Jan 23
1:00 PM - 2:00 PM

Tracks: Variable Operations

We've witnessed unprecedented levels of volatility in the last several years. And seasoned dealers have been left scrambling to right-size inventories more than once. There have been pain points for decades when lots didn't have enough vehicles, too many vehicles or the wrong vehicles. Prepare to pivot ahead of market fluctuations and inventory volatility through better data to value cars accurately, buy more profitable vehicles and manage inventory. Explore ways to diversify acquisition strategy, including creating a better buy center and unique methods to buy from consumers.