The cost of an Under-Performing Reconditioning Department
Most of the industry experts suggest that each vehicle suffers a net value depreciation of 1.50% to 1.75% every month. This depreciation percentage may not look like an alarming one. However, this percentage refers to a monthly depreciation of $30,000 for a dealership with 100 vehicles, each worth $15,000. This is equal to a depreciation of one thousand dollars per day. Therefore, it is possible to improve a dealership’s bottom line significantly even by improving the reconditioning process by a few days.
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[HOWTO] change subject on notification emails
When looking at emails and notifications, its valuable to be able to pick which identifying information about the vehicle you would like to see on your email This article talks about how to customize the subject of those emails
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[HOWTO] Configure max time alerts
This article talks about how you can configure the average time you expect a vehicle to be in a department. For example: On average a vehicle should go through detailing in 24 hours.
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[HOWTO] Configure Daily Queue Report Emails
You can configure Simple Recon to send daily summary emails to each department This allows your managers to stay on top of inventory in their departments and make sure they get work done in a timely manner.
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Improve profitability at your dealership
Profitability of your dealership can be improved by managing the three key aspects of your business. Key factors that affect your profitability are as under Control your acqusition cost Manage your sale price Monitor your reconditioning process
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Reconditioning Questions To Ask
Before you pick your recon software, there are a few key questions to ask yourself These questions are geared towards helping you identify what you are trying to achieve from the software.
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