In this episode of the Industry Spotlight, joining host Sam D'Arc are Rick Vrablik, General Manager at Nielsen Automotive Group, and Babak Mofrad, President at AutoVision to discuss how an 11-store group that shares every used car across every rooftop sourced, appraised, and priced its way to a 400-unit record month just five months after switching appraisal tools. Rick admits he fought the shared-inventory model at first, then explains why it forces managers to put the right money on every trade. He walks through the phone plug-in check that exposed nine hidden problems on a trade-in he walked away from, and Babak explains why market day supply, the number dealers have trusted for 15 years, can push you into a bad decision on good data.
This episode of the Car Dealership Guy Podcast is brought to you by AutoVision.
Topics:
00:45 Sitting Cars Are The Most Expensive.
02:50 Dealer Principle Forced Shared Inventory.
03:45 Sharing Inventory Forces Better Appraisals.
05:15 Best Cars Come From Trades.
07:10 Holding Cars Too Long Is The Sin.
07:35 Don't Trust The Computer Alone.
09:15 AI Buys Better, Not Sells More.
11:45 Old Tool Let Managers Hide Cars.
12:55 OBD Reader Changed Appraisals.
15:30 Gut Versus Avery, Who Wins.
19:00 Built Out Of Dealer Paranoia.
20:00 High Day Supply Isn't Bad.
29:15 Market Day Supply Is Overrated.
@AutoVision. – AutoVision is the end-to-end inventory management suite that helps dealers turn cars faster and increase profit by optimizing every step of the used vehicle lifecycle. With AutoVision, you can build customized comp sets, tailor your data to your market, streamline reconditioning, and leverage AI for seamless merchandising. Visit @ https://www.autovision.com/ to request a demo, and an inventory specialist will be in touch.
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