IMPORTANCE OF RECON ACCURACY

1.

What is the downside of using a static, universal reconditioning cost on the appraisal?

You cannot change or update reconditioning costs when conducting an appraisal

It takes too much time to select and deselect custom recon items during the course of an appraisal

Does not accurately account for a vehicle's specific reconditioning needs and costs

Nothing, as it saves time on the appraisal

2.

Why is an accurate reconditioning cost important for ProfitTime?

Reconditioning costs are included as part of the vehicle's cost ⸺ one of the main factors required to accurately determine a vehicle's ProfitTime score

Reconditioning items are used to rank a vehicle within its competitive set

ProfitTime does not consider or use reconditioning costs to provide a score for a vehicle

High cost/high value recon items are included in the vehicle's description

3.

Using the screenshot, where do you find reconditioning line items on the appraisal?

A

B

C

D

4.

Where can you set up a recon item list to pre-populate on your appraisal?

User Settings > Reconditioning items

General Settings > Used Vehicle Objectives

General Settings > Reconditioning Items

User Settings > Used Vehicle Objectives

5.

What actions can you take for appraisal reconditioning items in settings?

Check all that apply.

Add new item

Delete an item

Change the default value for a recon item

Select a default item to appear on your appraisal