COMMENTARY: 9 places where dealers can find cost savings & margin preservation
Auto Remarketing
OCTOBER 2, 2024
In fact, more inventory being carried on the books longer has two cost elements, one being the cost of interest, insurance, and flooring fees, and the second being the effect, namely higher depreciation. If the cost of holding a pre-owned vehicle can’t be offset by a retail sale, wholesaling or sending it to auction could be the best option.
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