Finance8 min read
Aged inventory: the silent cost that breaks dealerships
Every day a car sits on the lot costs money. How to calculate the financial cost of aged inventory and what a healthy days-in-stock figure looks like.
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Cash flow, electronic invoicing, margin control, commissions and financial KPIs of the business.
Every day a car sits on the lot costs money. How to calculate the financial cost of aged inventory and what a healthy days-in-stock figure looks like.
Bought at 50,000, sold at 60,000, made 10,000? Not close. Here are the costs that disappear from that calculation and how to work out the margin that reaches the till.