Questions dealers ask

Plain answers about buying, profit and days on lot — and how CarGet answers each one from your own sales.
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Losing money on cars

Why am I losing money on so many cars?

Most dealers lose money on a steady share of their buys, and the losses cluster in certain kinds of cars, mileages and days on lot.

How many of my cars actually lost money this year?

Count every sold car whose profit, after all recorded costs, was below zero.

Which models lose me the most money?

Group your sold cars by model and add up what each group lost.

What cars should I stop buying at auction?

The ones that lost you money as a group, not just once.

Why does my profit look good but my bank account doesn't?

Often because some cars are left out of the profit you look at, or costs like recon aren't in it.

How much money did my bad buys cost me?

Add up the losses on every car that lost money.

Is it the car or the price I paid?

Sometimes the car is fine and the buy price is the problem.

Which cars look fine on average but hide a loser?

A model can average out fine while one engine or trim loses money.

Why do my trucks make money but some lose big?

Trucks vary a lot by engine, drivetrain, year and mileage.

Am I losing money on high-mileage cars?

Compare average profit and how many cars lost money in each mileage range.

Are older model years killing my profit?

Check profit by model-year range.

How do I find my worst car deals?

Sort your sold cars by profit, lowest first.

One car lost $8,000 — is that a pattern or bad luck?

One car isn't a pattern; several cars in the same group losing money might be.

Which losses are big enough to worry about?

Look at how much money a group lost, separately from how sure you can be about it.

Do my trade-ins lose more than auction buys?

Compare them as separate groups — trade-ins come in under different rules than auction buys.

What to buy at auction

What cars should I buy at auction?

The kinds of cars that have made you more than your typical car and didn't sit long.

What are the most profitable used cars for my lot?

The answer is different for every lot, which is why it should come from your own sales.

Which cars make me money every time, not just once?

Look for groups with many sales and strong results, not one lucky car.

What should I bid on at Manheim this week?

Start from what has worked for you.

Is the Silverado or the F-150 better for my store?

It depends on your own results with each.

Which trims make more money?

Split your results by trim, engine and drivetrain.

What year range makes me the most on Tahoes?

Group the model by year range.

What mileage sweet spot sells best for me?

Compare profit and days on lot across mileage ranges.

What's a better pick than the car I keep losing on?

Often a close cousin in the same family does better.

How sure can I be that a car is a good buy?

It depends on how many cars the result is based on and how consistent they were.

How many sales do I need before I trust the numbers?

More is better, and recent sales should count more than old ones.

What cars should I take to the auction lane on my phone?

A short list you can read at a glance.

What cars should I buy for buy here pay here?

The ones that have worked on your own buy-here-pay-here lot.

Should I buy more SUVs or more sedans?

Compare profit and days on lot for each make and model you've sold.

What do my best cars have in common?

Look at what sells fastest, what makes the most and what costs the least to get ready for the lot.