When your dealership has NEW or USED inventory coming in one of the most paramount requirements is getting those vehicles on the lot and online.
In today’s market speed is of the essence in marketing that inventory. You don’t have weeks to make this happen, you should be able to streamline the process to only taking a few days. The faster you do this the faster your Turn Your Inventory, and that’s where the money comes from.
Where most dealerships fall short on is the process. Once a vehicle comes into your dealership whether it is a trade, an auction purchase or new inventory from the factory you have to get it checked in and ready to sell.
This process includes many steps that need to be performed in order to insure the vehicles are available and ready for sale both on your lot and ever more important, Online…
In order for this to happen you have to have a written process in place and all of the responsible people involved identified and Trained on that process. You must also ensure that there are clear lines of communication between all of the staff that are involved. You should have an informal briefing on the status of the current work flow daily just to ensure everything is moving smooth.
In Coming Vehicle Flow Process:
There are the 3 types of inventory that your dealership can acquire and the processes for moving them from the purchase through getting them on your lot and online ready to sell.
In order to make this happen, you will need a Process In Place so everyone knows who is involved and what their responsibilities are within the process flow. You don’t want to just leave it up to “We’ll get to it it sometime” mentality, we need to make this a priority and get the vehicles line ready in the shortest time possible. It’s all about Vehicle Turn.
The longer a vehicle sits, the less money you will make on it…
Create a Process… Manage the Process… Make More Gross for the Dealership…
This Process Allows your Dealership to Monitor how well you process is and to assist in identifying any bottlenecks that need improvement
This Process Program we provide you with the following Tools to create your own Vehicle Flow Process:
- Detailed Program Outline
- Resource Tools
- Printable Aides
- Lifetime Online Access
- See course tab for complete list
Once your New, Trade-in Used or Auction vehicle inventory is delivered and dropped off at your dealership you’re going to want to ensure it is line ready in the shortest time possible.
