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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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Getting started
What do I need to send CarGet?
Send the sold-vehicle export from your dealer system with at least 6 things for every car: Year, Make, Model, Odometer (miles), Age (days on lot) and Total profit.
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.
Finding more cars and where to buy
CarGet doesn't supply cars. It shows which sources and kinds of cars have paid off for you, so you can hunt for the right ones.
Where should I buy my used cars?
Where your own results say you've done well.
Is Manheim or ADESA better for my dealership?
Compare your own results from each — but remember sources sell different kinds of cars, so a lower average doesn't prove a source is worse for the same car.
Are online auctions like ACV worth it for me?
Check your own results by vendor.
Do street purchases make more than auction cars?
Group your cars by how you got them.
Which wholesaler sells me the worst cars?
Compare profit and loss rate per vendor from your own history.
How do I find more cars that sell fast?
Know which kinds of cars sell fast for you, then hunt for those.
What cars should I look for when inventory is tight?
The kinds that have worked for you.
Should I keep more of my trade-ins or wholesale them?
Look at how your retailed trade-ins have done.
What cars should I tell my wholesaler to find for me?
Be specific: model, year range and mileage range.
Which cars should I skip even if they're cheap?
The groups that have lost you money.
What does ARB mean on my vendor list?
"ARB" is often short for arbitration, but your system may use it for something else.
Days on lot and aged inventory
How long is too long to keep a used car on the lot?
There's no single number for every dealer; the useful number is the point where your own cars start losing money on average.
When should I wholesale an aged unit?
Before it reaches the age where your cars usually start losing money.
How much does a car lose each week it sits?
Compare average profit for cars sold at different ages.
Why do my 90-day cars always lose money?
Part of it is time, and part is that slow cars were often the wrong buy to begin with.
Which cars sit the longest on my lot?
Look at expected days on lot per model.
How do I turn my inventory faster?
Buy more of what sells fast and makes money, and less of what sits.
What's a good days-to-sell for a used car dealer?
Compare against your own lot, not an industry average.
Which cars sell in under 30 days for me?
Check average days on lot per group.
Is a slow car still worth buying if it makes money?
It can be.
How do I stop buying cars that sit?
Know which groups are slow and lose money.
What's my aged inventory really costing me?
Add up what your cars lost when they sold after 60 or 90 days.
Do my floorplan costs eat my profit on slow cars?
They can.
Recon and added costs
How much should I spend on recon per car?
Compare each kind of car against your own other cars.
Which cars cost the most to recondition?
Look at recorded added cost by group.
Why is my recon so high on some models?
Some models, years and mileages simply need more work.
Is recon eating my profit?
Only if it isn't counted.
Am I pricing my cars right after recon?
Check profit after recon, not just front gross.
Which cars need the least work to retail?
The groups with the lowest recorded added cost.
Does my DMS gross include recon?
It depends on your system and how it's set up.
Why does my profit report not match my real profit?
Often because some costs aren't in the report, or a few cars were entered wrong.
How much do transport and auction fees cost me per car?
Add them up per car if your system records them.
Do high-mileage cars cost more to fix up?
Usually, but check your own numbers.
Bidding and buy price
How much should I pay for a used car at auction?
Enough below what that kind of car brings to leave your usual profit.
Am I overpaying at auction?
Look for groups that lose money on average.
How do I stop overbidding?
Go in with a list.
What's my typical profit per car?
Use the middle of your results, so a few big wins or losses don't skew it.
How much do I need to make on a car to break even?
Enough to cover every cost: purchase, fees, transport and recon.
Should I chase a car I lost money on before?
Check that group's whole history first.
What should my max bid be on a Malibu?
CarGet doesn't set a max bid for one car.
Which cars are only worth it at a lower price?
Slow groups that lose a little on average.
How do I use my own sales data before I bid?
Look at three things: when your cars start losing money, your biggest losers, and your most proven winners.
Is Black Book or MMR enough to set my bid?
Market guides tell you what cars sell for in general.
Buyers and team
CarGet shows results by buyer, but it never rates people.
Which of my buyers buys the most profitable cars?
CarGet shows cars, profit and loss rate by buyer — but it's not a scorecard for people.
How do I give my buyer a list before the auction?
Print or text it.
How do I train a new car buyer?
Give them your own results in writing.
Why do my buyer's numbers look wrong?
Often it's how deals were entered.
How do I get my team buying the same way?
Share one set of results.
Can my buyer see the report on their phone?
Yes.
How do I keep my buyer from buying the same loser again?
Give them your Stop Buying list along with the Auction List before they go.
Do my buyers buy different cars than I do?
Probably.
Making more money overall
How do I make more money as a used car dealer?
Buy more of what has made you money and less of what has lost it.
How do I increase my profit per car?
Know which groups are above and below your average.
What's a good gross profit per used car?
The one that's right for your lot.
How do I grow my dealership without losing money?
Grow what's proven first.
Is my dealership actually profitable?
Add up profit after every recorded cost and check it against your own system.
How do I read my Frazer sold report?
Send us the export, and CarGet explains it in plain English: what made money, what lost it, and why.
How do I analyze my DealerCenter sales data?
Export your sold vehicles as a CSV or Excel file.
What reports should a used car dealer look at every month?
Your losers, your slow cars and your winners.
How do I know if my changes are working?
Compare this month's results with last month's.
Is there software that tells me what cars to buy?
CarGet rates the kinds of cars you've sold — Buy These, Be Careful or Stop Buying — from your own sales, with the evidence behind each one.
Common searches
Used car dealer profit analysis software
CarGet is profit analysis software for independent used-car dealers.
Best cars to buy at auction for resale
The best ones for you are the ones that have made you money.
Used car inventory analytics for independent dealers
CarGet is built for small, independent, non-franchise stores and reads the sold report you already have.
Auction buying list for car dealers
CarGet makes a one-page Auction List: what worked for you, what's only worth it at a better price, and what needs a hard look.
Look at my sold report and tell me which cars lost money
Send CarGet your sold report.
What cars should a small dealer avoid buying?
The ones that have lost that dealer money.
How do I know which used cars will sell fast in my area?
Start with what has sold fast on your own lot.
Which cars made me the most money last year?
CarGet shows your highest estimated average and your most proven picks, from your own sales.
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