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- The calculation is as straight forward as it sounds: On any given day, you tally up the past 30 days of sales, and compare it to your current inventory. If your sales number is higher than your current stock, you effectively know how many vehicles you need to acquire to maintain your retail sales pace.
www.vauto.com › learning-center › content-for-independent-dealersA Calculation to Cross-Check Your Used Vehicle Inventory Levels
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How can I check the current inventory levels of a vehicle?
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Free 60-Day Trial. In this interactive dashboard, Foureyes shows new & used inventory levels using publicly-available data. Track nationwide trends or filter by make and model.
Aug 14, 2020 · A Calculation to Cross-Check Your Used Vehicle Inventory Levels. August 14, 2020. Dale Pollak. It’s been impressive to see dealers retailing more used vehicles despite the smaller inventories many have been forced to carry due to lower-than-usual availability of wholesale supplies.
Aug 23, 2023 · Total used car inventory levels are still low overall but holding steady. At the end of June, there were 2.22 million used vehicles sitting on franchise and independent dealer lots across the country. That number is slightly higher than in May but 10% lower than a year ago.
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Mar 28, 2019 · First, dealers should maintain inventory levels at no more than a 30-day rolling total of their retail sales. If your rolling 30-day total is 75 vehicles, you should stock 75 vehicles. This benchmark effectively forces acquisition and pricing discipline that’s necessary to retail a larger share of vehicles before they hit the 30-day mark in ...
May 13, 2021 · New & Used Inventory Over Time. Review total inventory levels since February 2020. Drill down by body type or condition to overlay different market segments. To get a better understanding of exact changes, hover over the graph for week-over-week, month-over-month, and year-over-year insights.
Nov 29, 2021 · The average used car list price was a record $26,971 in October, according to Cox Automotive. That’s 25% higher than one year before and 38% above 2019, pre-pandemic levels.
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