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Inventory PTSD
In this solo episode, I tackle the critical connection between floor plan expense and net profit in the automotive industry. Picture it as a hurricane heading our way, and the storm's name is "Inventory PTSD." I draw parallels between unforeseen earthquakes and the current challenges dealerships face due to escalating floor plan expenses.
What We Discuss In This Episode:
We dive into the nitty-gritty of floor plan expenses and how they directly influence a dealer's net profit. Understand the intricacies of carrying costs, interest rates, and the time it takes to sell a car.
The Rise of Floor…
The skinny
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