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Holding costs are more than just floor plan and depreciation.

Holding costs are more than just floor plan and depreciation.

by daniel | Mar 9, 2024 | Uncategorized

Most car dealers know and appreciate that the holding cost is about $50 per day for cars based on floor plan cost + depreciation. And most dealers are looking to improve their turn time in reconditioning in order to gain more gross and increase sales volume. But what...
Car dealers Ego, Ignorance and Inertia can be profit killers.

Car dealers Ego, Ignorance and Inertia can be profit killers.

by daniel | Mar 8, 2024 | Uncategorized

What role do Ego, Inertia and Ignorance play in the hesitation of car dealers to adopt new ideas and innovations? **check out what chat gpt does with this question – (i happen to agree with the answer it generated) 😁 “Ego, inertia, and ignorance can all...
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