GLOBAL SEARCH

1.

What is one of the biggest challenges facing dealerships today?

Competing in today’s competitive vehicle market

Finding profitable inventory

Meeting market demand

Keeping the cost of reconditioning down

2.

What has made the traditional sources of auctions and trade-ins less effective in recent years?

Check all that apply.

Vehicles are less reliable

Changes in supply

Diminished brand loyalty

Upstream competition

3.

What is Global Search?

A tool that allows you to more easily trade vehicles across sister stores within a dealer group

An enterprise appraisal tool that allows you to appraise potential inventory and determine which store within a group should list the vehicle

A platform that helps dealers source inventory across multiple channels all in one place while providing insights on each vehicle's ROI potential

4.

What steps should you take to ensure success with Global Search?

Check all that apply.

Define your purchasing strategy — meaning using the 9-box to determine how you will bring vehicles in

Check with your service team to refine your reconditioning estimates

Establish your stocking strategy — meaning what vehicle segments by price point do you need to stock to meet market demand

Review the Recommendations page to see what vehicles could be the best fit based on their Stocking Grades, Strategy Actions, and Like Mine Market Days Supply

5.

What does Global Search make easier for you to do?

Check all that apply.

More efficient multi-channel sourcing

Link your stocking and purchasing strategies

Provide consistent guidance for all dealership buyers and appraisers

Merchandise vehicles you take in through Global Search quicker