Pain Point: Is Your Cash Stuck in “Park”?
Resolution: Used-Vehicle Cash Flow
Running a dealership would be a lot easier if only your cash moved as fast the vehicles you sell. If only. Unfortunately, some of your cash is going nowhere fast. And some of it is on the fast track to depreciation. Where is it? Stuck in “park,” sitting on your used-car lot.
Used-vehicle sales helped many a dealer survive when new-car sales took a nose dive. But it only takes a few wrong turns for your used-vehicle inventory to put a significant dent in your cash flow.
Check out the video to see if you’re meeting NADA’s inventory guidelines.
For more information, download our Cash Flow Management and Vehicle Inventory PDF.
