vAuto by Cox Automotive

If you found out a used car can’t deliver the ROI you expected, would you manage it differently? What if you could tap into even more profit than you initially thought? Either way, knowing how a car will perform is an asset to your used car strategy. vAuto has brought together AI and predictive data science to give you each used vehicle’s investment value potential. So you know all the right moves to make from day one. Take a look at how you can use this foresight to optimize your used car profitability and sales at a time when the market is less forgiving. Read the full blog here: https://bit.ly/3XRBAwq

Join Josh Orthel, director of sales at McGrath Group, and vAuto Performance Manager Brian Kurtz as they reveal the secrets behind achieving a 10% growth in new and used vehicle sales this year. Discover how the nine-store group: - Right-sizes their used inventories - Aligns pricing to balance gross/turn objectives - Tightens their appraisal process for efficient inventory acquisition -Focuses on key new vehicle metrics to drive turn and minimize holding expenses Don't miss out on these valuable insights! https://bit.ly/4jnIhyv

When you find what works in one area of your business, you want to carry that success over to every part of your business. It’s why Joshua Clinton uses the full suite of vAuto solutions and calls them invaluable. Hear his take on how accurate data, performance management and what he calls “the vAuto mindset” help him and his team sell more cars. Every day. Watch the full video here: https://bit.ly/42mIQls

Check out the latest insights from WardsAuto on how aggressive inventory management strategies are helping dealerships reduce aging inventory and improve turn rates. Patrick A Janes, AVP of Inventory Solutions at vAuto, emphasizes the importance of managing both new and used vehicle inventory to avoid costly floor plan expenses. With high interest rates, it's crucial to keep those cars moving! Read more about how tech tools and disciplined approaches are making a difference: https://bit.ly/3FQU7D7

What happens when your reconditioning process isn’t buttoned up? It costs you. You lose profit every additional day a used vehicle sits in service and waits on a vendor. Then that’s multiplied by each car stuck in the process. Enough of that. Use this resource to: - Determine the health of your recon process - Consider where you could benefit from a change - Move vehicles from service to front line faster Get started on making sure you profit with every vehicle coming through your recon process. Download it here:https://bit.ly/42JV49y

Everyone’s talking tariffs and how they will affect the new and used vehicle market. In this piece, Cox Automotive Inc.'s executive analyst Erin Keating shares perspective on why the impact of 25 percent tariffs may pose longer-term difficulty for dealers as tariffs make new vehicle affordability more problematic. https://bit.ly/4l7SPUp

vAuto and Cox Automotive Inc. vice president of operations Derek Hansen outlines how AI and predictive data science help dealer groups optimize rooftop-level performance and centralize decision-making to drive ROI. https://bit.ly/3RhrUI5

Is Your Reconditioning Process Up to Par? Ever wondered if your reconditioning process is as efficient as it could be? Can you spot the areas that need improvement? Take our quick quiz to find out where you're excelling and where you might need a little fine-tuning with a solution like iRecon. Streamline your process and watch your profits soar, carrying costs drop, and time to market speed up. Start the quiz now and get things moving smoothly! https://lnkd.in/erFc4qnz

You’ve likely enjoyed unprecedented success these past few years. But you may have noticed the market is normalizing. As a result, profitability is top of mind for dealers. In this edition of Live Market View, Derek Hansen shares the key strategy you’ll want to adopt in order to keep growing and reaching your profit objectives. For this and other insights on how to evolve in the year ahead, watch the full video now: https://bit.ly/3ZNw285

NEW EPISODE: Check out the latest vAuto podcast featuring Cox Automotive Inc. executive analyst Erin Keating and vAuto strategic planning director Bethany Johnson, MBA (Georgia) as they offer perspective and pointers to help dealers adapt to fast-moving new and used vehicle markets. Listen here: https://cox.auto/uichc