SMART repairs can add 134 sales a year to dealerships
New data has revealed that SMART repairs can accelerate and increase used car sales at dealerships by preparing vehicles for sale quicker.
According to calculations carried out by Revive!, dealerships could sell an additional 134 cars a year by introducing SMART repairs to the vehicle preparation process.
It estimates that SMART repairs can reduce vehicle prep from five days to one. If a dealership has 100 cars in stock and it takes 35 days to prepare and sell a model, that dealership will sell 1,042 cars year.
However, Revive! said cutting prep days to one could boost sales by 134 units.
Mark Llewellyn, CEO at Revive! Auto Innovations, said: “It really puts it into perspective how much revenue dealerships are leaving on the table when sticking to conventional preparation methods.
“Dealers have to address any and all opportunities to increase efficiency and sales prospects; with growing competition coming from all directions, reducing the number of days to sale is essential to compete in the modern sales environment.”
He continued: “With the increasing average age of the UK car parc, dealers are being forced to look outside their normally pristine stock choices for older, lower quality vehicles that may not normally meet their exacting standards. Ensuring an efficient vehicle assessment and preparation process for each car is paramount for securing the highest possible profit margins for each vehicle.”
