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Making Sense of Wholesale Valuations and Vehicle Sales

 

In this episode, vAuto podcast host Lance Helgeson and Patrick Janes, director of business development for Stockwave, discuss how the current crisis has caused uncertainty in wholesale valuations and created an opportunity for dealers to use MMR Retention to gauge wholesale valuations. The episode also examines recent wholesale sales that provide a ray of hope that the market is moving and offering an outlet for liquidity as dealers grapple with fewer retail sales, incoming trade-ins and aged inventory.

 

 

About the Author

With over 30 years of automotive industry expertise, Patrick Janes is the AVP of Inventory Solutions at vAuto. As a former dealership general manager, he emphasizes the significance of a vehicle management system tailored for optimal ROI and dealer strategy support. Patrick's extensive career includes working with dealers nationwide for an OEM and serving as a vAuto performance manager, gaining insights into customer needs. A guest lecturer at Northwood University, Patrick holds a bachelor's degree in industrial engineering from Bradley University.

Profile Photo of Patrick Janes