Why You Need Rapid Reconditioning

[Jim Leman]

Not to be simplistic, but you already know the answer to the question, “Why do I need rapid reconditioning?” You need it because time is money.

If you can’t measure recon speed and maintain process accountability accurately, any cycle time your team offers is just a wild guess. In our experience, most such “estimates” are 10 to 15 days off from reality.

Faster recon puts more cars on the lot to sell without having to stock extra units, improving turn. Shave 2.5 days off recon time and turn increases one time.

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[George Nenni]

Agreed Jim, here's a slide I put together last year for a DD session on the topic. Some may argue my math, but my best attempt to quantify the time-value-of-money lost with slow recon.