28/04/2023
ππ° If youβve recently opened a new car dealership, there are a huge number of factors you need to keep an eye on so you can stay on top of things. However, here are some KPIs that you need to watch closely:
π΅ Profitability of different vehicle types
πΈ Expenses when acquiring cars for inventory
πβ‘οΈπ Used-to-new car ratio
π Gross return on investment
π Losses
π Appraisals and trade-ins
Closely monitoring these KPIs can help new dealerships ensure that they turn a profit each year. π― KPI reporting tools are daily vehicle sales improvement services that can help you increase margins annually.
π Book a demo of Automated Metrics today: https://bit.ly/3jOFDmc