3 ways we’re helping to get your stock and cash flow moving
Solutions to help you source, dispose and move stock to keep your cash flow moving
Cash flow is clearly essential to keeping your forecourt moving right now. Whilst there’s also an obvious challenge with sourcing profitable stock. To reduce some of these issues, we’ve unlocked three powerful solutions to help you source, dispose of and move stock more quickly and cost-effectively to keep the market moving. Make sure you’re not missing out on these solutions.
1. Source high quality, profitable stock that’s in demand near you
Getting hold of good quality, profitable stock will be vital to your ability to make a swift recovery. Your automotive expertise and experience will be essential to that. But when used in tandem with our data and insight; it’s a powerful combination that puts you firmly in the driving seat.
To help you do that, make sure you’re making the most of these powerful solutions, which give you clear and actionable insight to make the best decisions to drive profit.
See which vehicles are trending with Market Insight
Market Insight is a brand-new solution which you can access now in Portal. It shows you trends on buyer demand, vehicle supply, pricing and speed of sale. You can filter these by make, model, body type, fuel type or vehicle age to get a birds-eye view of what’s trending in the market. Make the most of this tool to help you understand which vehicles are most popular locally and nationally.
Identify the best vehicles for your forecourt with Retail Check
Retail Check enables you to instantly appraise how well a vehicle will sell on your forecourt and the recommended retail price to secure a swift and profitable sale, based on our award-winning valuations. Use it to help price ‘retail-back’ when sourcing stock by having insight into the likely selling price.
Source profitable stock through Dealer Auction
Dealer Auction provides valuable data driven insight giving you the confidence and ability to buy the most profitable and faster selling vehicles. Using Auto Trader’s retail price guide, it can be used to help uncover the best stock with the best profit margin. With low auction fees and minimal contact, you can safely purchase vehicles quickly and more efficiently. Plus, it’s available as a 3-month free trial, which you can sign up for here.
2. Dispose of stock quickly and cost-effectively…“be ruthless in reviewing incoming part-ex’s”
In one of our recent webinars, Mike Jones, Chairman of ASE Global spoke of the need to be ruthless when reviewing incoming part-exchanges. Knowing your disposal route before you do the deal puts you in the best place possible to keep your cash flow moving.
Dealer Auction provides valuable data driven insight giving you the confidence and ability to sell your vehicles for the best possible trade price. And it’s currently available to new customers as a 3-month free trial. You can sign up here now. Once activated, you’ll have access to the biggest pool of digital buyers, helping you to improve your cash flow and free up space on your forecourt.
3. Move your stock from A to B and save on average £31 for every vehicle you move
As part of your Auto Trader package, you’ve got free access to Vehicle Moves – the UK’s #1 logistics marketplace. You can list vehicles to be moved from A to B and over 300 trusted logistics suppliers will bid their best price for the move. Retailers using the platform save on average £31 per vehicle they move. And in 2019, retailers using the platform saved a combined £4m. To make the platform even more helpful to you right now, we’ve just introduced the ability for you to list vehicles to be delivered directly to your customers homes. To list a move, just click the ‘Moving’ tab in Portal.
Don’t just take our word for it though…
“I wanted to share my appreciation for the vast amount of money you have saved my company on vehicle movements over the last six months. By year end we'll have saved over £10,000 — and getting my cars on-site faster pays dividends for the overall success of my company.”
Alan Barton, Director, MotorClass
Book a free forecourt analysis with our experts
Don’t forget, you can request a free 1:1 consultation with one of our experts for advice and support on how you can adapt your business to get back to profit. Just click here and complete the form, then one of our experts will be in touch.