2021 Dealership Resources: Auto Inventory Challenges

Learn how to adapt to and overcome auto inventory challenges with these tools and resources designed for auto dealers. Explore checklists, guides, and articles to help you acquire more pre-owned inventory and find the right buyers for the vehicles you have on your lot.

  • How To Use Predictive Analytics to Maximize Your Dealership Portfolio

    How To Use Predictive Analytics to Maximize Your Dealership Portfolio

    With countless evolving factors impacting OEM production and deliveries, now is the time for dealers to focus on the elements they can control.

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  • How to Maximize the Profitability of Your Dealership's Customer Portfolio

    How to Maximize the Profitability of Your Dealership's Customer Portfolio

    Discover how leveraging personalized offers and enhancing your preowned inventory strategy can help your dealership maximize profitability.

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  • 3 Tips to Grow Your Portfolio with Conquest Marketing

    3 Tips to Grow Your Portfolio with Conquest Marketing

    Discover 3 helpful tips to help your dealership grow its portfolio with conquest marketing. By implementing a data-driven strategy, your dealership can significantly improve its market share.

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  • 3 Ways to Use Data to Tackle Current Dealership Challenges

    3 Ways to Use Data to Tackle Current Dealership Challenges

    What are your dealership’s greatest challenges in 2021? Are they the same today as they were five years ago? Chances are, they’ve likely evolved over time.

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  • 3 Dealership Inventory Management Best Practices

    3 Dealership Inventory Management Best Practices

    There are many questions that continually pop up around dealerships across the country: Should we keep this vehicle or send it to auction? Is this vehicle worth reconditioning for the lot?

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  • Retail vs. Wholesale: 4 Tips for Dealers to Consider When Evaluating Trade-ins

    Retail vs. Wholesale: 4 Tips for Dealers to Consider When Evaluating Trade-ins

    Wondering whether your dealership should recondition and retail a vehicle or take it to auction? Explore our 4 tips to help you evaluate your dealership's trade-ins to maximize your profitability.

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  • Auction vs. Retail: Adapting to Inventory Challenges in 2021

    Auction vs. Retail: Adapting to Inventory Challenges in 2021

    Curious about whether to send a trade-in to auction or keep it on the lot? Discover how your dealership can maximize its current pre-owned inventory and develop a robust homegrown inventory.

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  • 3 Ways to Improve Your Service Drive Marketing to Drive Car Sales

    3 Ways to Improve Your Service Drive Marketing to Drive Car Sales

    In this blog post, we share three ways dealerships can improve service drive marketing and maximize its impact by focusing on trade-in opportunities, using modern tools and promoting customer loyalty.

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  • 3 Ways to Strategize for Dealership Success in 2021

    3 Ways to Strategize for Dealership Success in 2021

    With 2020 behind us, dealership leaders are entering the new year with many important lessons learned on pivoting and keeping their businesses moving forward despite industry disruption.

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  • Adapting to 2021 Inventory Challenges

    Adapting to 2021 Inventory Challenges

    In this blog post, we explore three ways creative dealerships can adapt to 2021 inventory challenges.

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  • How Auto Dealers are Preparing for the Future of the Automotive Industry

    How Auto Dealers are Preparing for the Future of the Automotive Industry

    No dealership leader could have anticipated the events seen in 2020 – much less prepare for the challenges they would face as a result. However, the auto retail industry is proving resilient.

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  • How to Cultivate Homegrown Pre-Owned Profits56:26

    How to Cultivate Homegrown Pre-Owned Profits

    Watch this NADA fireside chat as experts from Mastermind & CARFAX discuss driving service revenue, growing acquisition opportunities & maintaining a homegrown pre-owned inventory to boost profits.

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  • How to Maximize Dealership Profitability With a Homegrown Inventory

    How to Maximize Dealership Profitability With a Homegrown Inventory

    Faced with tightening margins, low vehicle inventories and a narrowing opportunity to rebound in 2020, auto dealers are looking for additional ways to maximize dealership profitability.

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  • Driving Profit in the New Market: New Opportunities in Used Cars

    Driving Profit in the New Market: New Opportunities in Used Cars

    Learn how to improve dealership profitability by applying the best practices revolutionizing automotive retail and marketing to the challenges of pre-owned sales.

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