13min chapter

Car Dealership Guy Podcast cover image

#99 The Car Ad Maverick: Secrets to dealership profitability, Racing Porsches with VCs, is there a crystal ball for aged inventory? | Len Short, Co-founder of Lotlinx

Car Dealership Guy Podcast

CHAPTER

Optimizing Car Inventory Management for Profitability

The chapter delves into the challenges dealers face with aging car inventory and the importance of selling within specific timeframes to maintain profitability. Insights are shared on using machine learning and predictive tools to identify problematic inventory early and make necessary adjustments, leading to reduced markdowns, better profitability, and faster inventory turnover. The conversation also touches on the impact of managing aged inventory on overall business growth and success in both new and used car sales.

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