Jim Leman's Blog (28)

Rapid Recon, iPacket Release Digital Vehicle Presentation Solution

PALO ALTO, CA, and MORGANTOWN, WV, July 19, 2021 – Rapid Recon and iPacket, industry leaders in digital reconditioning and digital selling solutions, announced today the Rapid Recon™ Digital Vehicle Portfolio powered by iPacket.®

 …

Continue

Added by Jim Leman on July 19, 2021 at 9:00am — No Comments

You can no longer get spring retail money in July.

The report below first appeared yesterday on LinkedIn as a market update report posted by Rapid Recon, from an interview with preowned performance improvement consultant Ed French to address midsummer market perspectives. Ed is president and principal consultant of AutoProfit, and he is also a member of the Board of Directors for used car retailers TruWorth Auto in the Indianapolis, Indiana, area.   

The market's adjusting, for reasons of affordability, which…

Continue

Added by Jim Leman on July 15, 2021 at 10:03am — No Comments

Tidy Tips to Improve Tech Efficiency

by Anthony Greenhalgh, Rapid Recon

 

The old argument the dealership has been using for years – “add more people”--  does little more than provide temporary fixes and a ton of personnel expense.

 

When I was in your role, I had to make my techs better, but I was already heavily engaged in ongoing training, so what more…

Continue

Added by Jim Leman on June 1, 2021 at 11:36am — No Comments

Eliminating Decision Lag between Fixed and Variable

by Keith Brice

The time value of money states that a dollar today is more valuable than a dollar tomorrow. Fixed Ops managers live in the present. Their focus and sense of urgency are on the current month and, because a portion of their monthly income comes from the gross or net they generate, they want to close as many repair orders as…

Continue

Added by Jim Leman on May 18, 2021 at 3:30pm — No Comments

Boosting Used Car Selling Efficiency for Kenwood Dealer Group

By dialing in time-to-line metrics, Kings Toyota Gets Cars Retail-Ready in Half the Time

 

Transparency, manageable performance metrics and accountability improve used car efficiency

Kenwood Dealer Group consists of 15 dealerships in the Cincinnati, Ohio market. Dan Kommeth, who joined in early 2020…

Continue

Added by Jim Leman on April 19, 2021 at 3:29pm — No Comments

Dealers Continuing to Improve Key Metrics Using Recon Software

PALO ALTO, CA, April 16, 2021 –  Rapid Recon today released its latest update on dealers’ progress toward improving their key reconditioning performance metrics.

 

From May 2020 through March 2021, users of this speed-to-sale software reduced their Average Days in Recon (ADR) performance by 25% and their Time to…

Continue

Added by Jim Leman on April 16, 2021 at 9:28am — No Comments

Insight for Used Car Success in Turbulent Times

Listen to an informative podcast with used car dealer and consultant Ed French and the role that efficient vehicle reconditioning should play to help dealers meet demand. 

Turbulent Times with Preowned…

Continue

Added by Jim Leman on April 13, 2021 at 4:20pm — No Comments

Does How You Perform Recon Matter?

In a robust used car market, does it matter whether you fully recondition cars before moving them to the front line?

Doesn’t it make sense to simply bypass a thorough reconditioning when you can sell very car you get at a premium without first providing a high-level recon? 

That's what a recent article in…

Continue

Added by Jim Leman on April 2, 2021 at 12:24pm — No Comments

New Workflow from Rapid Recon Provides Transparency into New-Car Operations

PALO ALTO, CA – MARCH 08, 2021Rapid Recon, a reconditioning software company that helps auto dealers sell used cars sooner to maximize their profitability window, announced today workflow transparency for dealers’ new-car operations. 

This new workflow for new-car operations is identical to the Rapid Recon reconditioning workflow software and processes for its used-car system. In both cases, inventory is auto-imported into…

Continue

Added by Jim Leman on March 8, 2021 at 9:30am — No Comments

At Virtual NADA ’21, Step into 3D Rapid Recon from Wherever You Are

VIRTUAL NEW ORLEANS, January 27, 2021The Next Rapid Recon at NADA ’21 will deliver simplified online mobile and desktop access to the latest products, features, and best practices in new and used vehicle reconditioning and speed to sale solutions for dealers attending this uniquely different National…

Continue

Added by Jim Leman on January 28, 2021 at 10:41am — No Comments

How Kings Toyota Improves Used Car Competitivness

Kenwood Dealer Group is 15 dealerships in the Cincinnati, Ohio market. Dan Kommeth joined in early 2020 to fill a newly created position, Group Sales Director, assigned to strengthen the stores’ competitive advantage.

Convinced that positive customer experiences begin well before a lead or walk-in arrives, Kommeth started his new assignment by investigating processes that flow into profitable car sales.…

Continue

Added by Jim Leman on January 7, 2021 at 9:34am — No Comments

Tips and recommendations to help you improve parts and collision work efficiencies

In this podcast, former parts and collision center manager Anthony Greenhalgh offers a host of recommendations to help dealerships improve their workflow processes involving parts and collision work.

Parts and Collision Tips…

Continue

Added by Jim Leman on December 23, 2020 at 8:31am — No Comments

Luther Hopkins Honda Shares Experiences with Free Vendor Scheduling and Tracking Tool

In this video, Gordy Peterson, inventory manager for Luther Hopkins Honda talks about how new vendor management tools help the dealership improve reconditioning efficiency to get vehicles to the frontline faster while tightening up the communication and relationships with their vendors.

Added by Jim Leman on December 23, 2020 at 8:25am — No Comments

At Used Car Week 2020, Rapid Recon’s Curtis Sampson to Discuss ‘Game Film’ Analysis for Improving Reconditioning Department Performance Gains

PALO ALTO, CA, November 12, 2020 — At next week’s series of virtual on-demand workshops at Used Car Week’s Pre-Owned Con, Curtis Sampson, New Business Manager for Rapid Recon, will show dealers how to apply sports "Game Film" analysis techniques to used car reconditioning. 

His on-demand workshop, Film Time: the Best…

Continue

Added by Jim Leman on November 12, 2020 at 10:11am — No Comments

The Next Rapid Recon Announces Vendor Advantage, a Free Feature Upgrade to Help Auto Dealers and their Vendors Achieve Faster Speed to Sale

PALO ALTO, CA, November 3, 2020 — The Next Rapid Recon, the time-to-line efficiency standard in dealership reconditioning software, has announced a robust new feature upgrade: Vendor Advantage.

 

Vendor Advantage is a no-charge enhancement to Rapid Recon time-to-line (T2L®) reconditioning workflow software for current and new Rapid Recon…

Continue

Added by Jim Leman on November 3, 2020 at 8:28am — No Comments

Trust Your Judgment

By Bradley Orr

 

I started my career in the car business selling Oldsmobiles. Since then, I have managed used cars, reconditioning and sales — and I was also a wholesale dealer. I’d like to believe I know the business’s challenges.

 

One challenge every dealer faces is making prudent decisions — often quickly.

 

A…

Continue

Added by Jim Leman on October 28, 2020 at 8:47am — No Comments

The Next Rapid Recon Introduces Less Scrolling, Fewer Clicks For Performing Recon Tasks More Quickly and Conveniently

PALO ALTO, CA, October 23, 2020 – The Next Rapid Recon, the efficiency standard in reconditioning time-to-line workflow software,  announced today several efficiency and usability advances enhancing the user experience.

 

This User Interface (UI) advancement makes the Next Rapid Recon the most robust and advanced dealership software system for improving reconditioning time to line (T2L®), speed to sale and used car…

Continue

Added by Jim Leman on October 26, 2020 at 12:34pm — No Comments

Inventory is a Waste

by Dennis McGinn, Founder and CEO, Rapid  Recon - Source

Inventory is a waste if not managed for maximum speed to sale.

Said differently, how much does it…

Continue

Added by Jim Leman on October 29, 2019 at 2:56pm — No Comments

Two-Ingredient Recipe for Used Car Success

Used car profitability expert Jasen Rice helps dealers distill an ocean of inventory stocking and pricing data down to the basics needed to increase turn and margin. Recon evangelist Dennis McGinn preaches faster time-to-line disciplines, so cars hit the sales line fresher so they can sell more quickly for better margin. 

Rice said dealers who prioritize stocking over reconditioning and online marketing, contrary to what many accept as gospel, cripples used car…

Continue

Added by Jim Leman on May 15, 2019 at 5:23pm — No Comments

© 2021   Created by DealerELITE.   Powered by

Badges  |  Report an Issue  |  Terms of Service