DEALERSHIP GMS NEED FEWER WORRIES; START HERE: RECON AND APPRAISAL INTEGRITY By Dennis McGinn, AutoSuccess Margin compression is in the news again. Heard at NADA: GMs are concerned about margin compression and their ability to earn a living. We have been speaking about the persistence of
Reducing Worries for Dealership GMs By Dennis McGinn, AutoSuccess As the founder and CEO of a major technology company, my daily focus shifts between multiple demands on my time and attention, peppered by frequent surprise interruptions. As mentally ambidextrous as I want to think I am, I
Rapid Recon + Velocity Automotive = Recon Revolution The two companies arrive at NADA 2024 nearly a year after their acquisition. Here’s what they’ve been up to since. By Jim Leman, AutoSuccess Two highly competitive vehicle reconditioning companies have stopped eating each other’s lunch and come together to
Rapid Recon and Velocity Automotive Close the Trade Appraisal Gap Reduces appraisal risk, delivers predictable profit per vehicle LAS VEGAS, NEV, February 1, 2024 Rapid Recon and Velocity Automotive, driven by Vehlo, announced today at the National Automobile Dealers Association convention ’24 a multiparty system for closing
Velocity Automotive Integrates Digital Vehicle Portfolios into Rapid Recon Services DESTIN, FL, January 09, 2024 Velocity Automotive, Driven by Vehlo, now integrates its digital vehicle portfolios with window stickers and OEM build sheets into ASPIRE, a new appraisal-to-sale strategy from its sister company, Rapid Recon. ASPIRE is
The Two Anthonys Recon Workshop Returns to NADA ‘24 KNOXVILLE, TN, January 04, 2024 The Two Anthonys, experts in vehicle reconditioning best practices for auto dealers, make their third NADA workshop appearance soon at the NADA ’24 annual convention on February 1 in Las Vegas. In this workshop, “Building a Reconditioning Operation”,
Used Car Sourcing and Predictable Appraisal Accuracy By Anthony Greenhalgh, AutoSuccess “All used car managers share a big fear – making a mistake.” Dealerships in 2024 will continue to face used car sourcing challenges. A recent Automotive News article by reporter CJ Moore netted the issue: “Dealers
Closing the Appraisal Gap By Dennis McGinn, AutoSuccess Dealers today enjoy more predictable used car results because they leverage strategic reconditioning software’s robust efficiency metrics called time-to-line or T2L, which we introduced to the market in 2010. The latest advancement in the reconditioning revolution we have written about
By Autosuccess Magazine Partnering with a software provider is a marriage of sorts: It’s not the romance that nurtures a long-term relationship but the consistently proving a “you over me” submission, good listening skills, the rare gift of knowing when to ask the right questions
By Steve Finlay Dealers can end the tug-of-war between car dealership departments when it comes to getting trade-ins ready for resale. It’s the rare trade-in vehicle that doesn’t need reconditioning before they are sale-ready. But doing that work can get bogged down if dealership departments – mainly
