vAuto Podcast
Why Used Vehicle Managers Are Stealing a Page From the New Vehicle Playbook
10 Dec 2021
In this vAuto podcast, Patrick Janes, Sr Director of Business Development for vAuto’s Stockwave solution, shares that used vehicle wholesale supply is down 22% from normal levels and how these current market conditions have spurred a shift in the way dealers source inventory. Patrick details how dealers should not only use local auctions for inventory but can benefit by sourcing from the service lane, dealer to dealer trades, private party listings, and more. Also, some used vehicle managers are stealing a page from new vehicle sales by “taking orders” to proactively find vehicles for customers in the wholesale market. Patrick also details why he believes the wholesale sourcing challenges dealers faced in 2021 are likely to persist in the new year and possibly beyond.
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