Vehicle Tag: Stock Pricing Grid
The Stock Pricing Grid offers a comprehensive view of financial metrics for every vehicle in your inventory, including cost, resale, and margin information. With filters for dealership, department, and vehicle age, you can easily drill down into the data behind your summary reports. This grid also highlights key pricing exceptions, such as when costs exceed trade or wholesale values, helping you make informed decisions to optimise stock performance across your dealership network.
Benchmark your pricing
- Compare pricing against market benchmarks.
- Evaluate profit potential for each vehicle.
- Identify risky stock positions.
- Flag vehicles for pricing adjustments.
- Adjust exit strategies to move vehicles efficiently.
- Protect your bottom line by minimising financial risks.
Where to find it
- Click on ‘Stock’ in the main menu
- Select ‘Pricing’ from the dropdown menu
Understanding the data
Cost Price
The price your dealership paid to acquire the vehicle, sourced from dealership data.
Resale Price
The current selling price of the vehicle, as provided by dealership data.
Margin
This refers to the profit margin in a vehicle; it is the numerical difference between the cost and resale price.
Trade
The TransUnion trade price, reflecting the average trade value of the vehicle.
Wholesale
A wholesale value indication provided by GetWorth.
Market
An estimated retail value provided by GetWorth, referencing current or average prices for similar vehicles listed on retail classified sites.
Cost % of trade and Cost % of wholesale
These percentages compare the cost price to the trade price and wholesale value, respectively.
Resale % of Retail and Resale % of Market
These percentages compare the resale price to the retail and market values, respectively.
