What Are Your Thoughts on the Most Important Remarketing Trends to Follow?

It’s been a big year in the used car side of the busi­ness with prices chang­ing direc­tion, fran­chised deal­ers start­ing up their own used/pre-owned vehi­cle brands, CPO sales increas­ing even more, and mobile app offer­ings increas­ing on the whole­sale and retail side. Used vehi­cle sale price trans­ac­tions are com­ing down, but a lot of deal­ers are still able to make those sales quite prof­itable.

Used Car Mar­ket Reports is read pri­mar­i­ly by deal­ers – split about 50/50 between fran­chised and inde­pen­dent. We’d appre­ci­ate get­ting your feed­back on the lead­ing remar­ket­ing issues you’re fac­ing this year and next.

On Wednes­day, Nov. 5, we’ll be email­ing read­ers a sur­vey. Your per­spec­tives on top­ics of high impor­tance to you, and what you want to gain from read­ing e-newslet­ters includ­ing Used Car Mar­ket Reports are of crit­i­cal impor­tance to the Auto­mo­tive Infor­ma­tion Net­work team. It’s crit­i­cal to stay cur­rent on the mar­ket trends and tech­nolo­gies avail­able to remar­ket­ing teams.

Here’s the first ques­tion in the brief sur­vey……..

For your 2015 strate­gic plan­ning, what are the most impor­tant remar­ket­ing issues you’d like to stay cur­rent on?

• Cer­ti­fied pre-owned vehi­cles
• Used vehi­cle val­ue trends
• Sup­ply vol­umes from off-lease, off-rental, and oth­er sources
• Mobile device appli­ca­tions for whole­sale and retail sales
• Used inven­to­ry man­age­ment resources
• Vehi­cle con­di­tion reports
• Trade-ins
• Vehi­cle financ­ing
• Oth­er

The next ques­tions break out the whole­sale sup­ply deal­ers are access­ing to build and their inven­to­ry; and the retail used vehi­cle side, which con­tin­ues to change for fran­chised and inde­pen­dent deal­ers.

Anoth­er issue addressed in the ques­tions is used car list­ing sources. Deal­ers have been look­ing for more resources to sell their inven­to­ry at the best price, and there are more options to choose from now in the mar­ket­place.

Tags:


0 Comments

    Leave a Reply

    Your email address will not be published. Required field are marked *.