7 KEYS TO SUCCESS - DealersEdge
7 KEYS TO SUCCESS - DealersEdge
7 KEYS TO SUCCESS - DealersEdge
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Key #1 Business ModelCASH FLOW ANALYSIS:CAPITAL REQUIREMENTBreakeven Point: The number of accounts at which a dealer collects enough payments to payall expenses and inventory replacement costs. Must reach and maintain this level of accountsCash-In-Deal (CID): The amount of money the dealer has invested in a vehicle at time of delivery. Total Vehicle Cost - Total Down Payment = Cash-In-Deal (CID) Determines inventory purchasing and reconditioning guidelines Sets average down payment requirements
Change language