what do dealers do with unsold vehicles

ArlenDonne Release Time: March 6, 2024, 6:19 PM

I'm a seasoned industrial engineer with a keen interest in machine learning. Here to share insights on latest industry trends.

Dealerships have various options for unsold vehicles. such as auction sales or wholesaling to other dealers. This allows for earning income without keeping the car on the lot. In some cases. dealers may return unsold vehicles to the manufacturer. though this can result in fees or fines. Another possibility is converting unused inventory into rental vehicles. providing customers with a temporary solution while their own vehicle is being repaired. To incentivize buyers. dealers may also offer discounts or special promotions during year-end sales. Additionally. some unsold vehicles may be placed into the dealership's rental fleet for leasing purposes. Retaining unsold vehicles for future sale is another option that dealers may consider. It should be noted that each dealer's approach to handling unsold vehicles may vary based on their agreement with the automaker.

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