Jim Leman and Dan Kommeth discuss how dealerships can improve processes and reach goals — in the reconditioning department and throughout the dealership.
The Velocity Automotive platform is about taking the dealer from recon to retail, with window stickers, a recon tool and a digital portfolio tool that markets the vehicle after it goes through recon.
Average days in recon speed is increasingly important as online selling stimulates more sales from cars still in recon.
Rapid Recon founder and CEO Dennis McGinn will make three substantial announcements at NADA.
VelocityLocate maximizes complete efficiency in the recon process by automating vehicles’ step-by step progress in recon.
Consider two typical dealership reconditioning operations processing 100 cars a month. One transforms cars using the time-to-line (T2L) recon profit model while the other relies on whiteboards to track each vehicle’s progress. Financially, the difference in incremental gross between the two is $300 per car.
Time to line (T2L) is a must-have metric for every dealership, one a best-practices store cannot afford to do without or work from a guesstimate.
Jaws dropped as Don Flow, chairman and CEO of Flow Automotive Companies, addressed several hundred dealers and industry affiliates at Automotive News’ recent Retail Forum.
Used cars offer the best defense against margin compression — and how you leverage reconditioning as an offensive tool makes this work. Getting incoming cars reconditioned and to the sales line quicker can mean healthier gross margins for your used car operation.
Rapid Recon’s Dennis McGinn speaks with us about using a photos-first workflow to sell inventory more quickly.
Why should you prioritize reconditioning programs at your dealership, with so many other great resolutions you may have personally made for 2018?
We’re entering a time again where that dangerous spot between that rock and a hard place is staring dealers in the face. The heat is already on, and some dealers are jumping out of the hot water and taking action. I fear too many will not, however, preferring to mush on until the water boils and it is too late.