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Pre-Owned Gross Profit - Wholesale

Department:

Used Vehicle

Pre-Owned Gross Profit - Wholesale

$

Calculation

Total revenue from wholesale pre-owned vehicle sales minus the cost of goods sold for Pre-owned Wholesale.

DESCRIPTION

The total profit earned from the sale of pre-owned vehicles at wholesale.

Purpose

To determine the profitability of wholesale operations for pre-owned vehicles.

Interpretation

Did you get it right

Optimal:
Consistent margins and gross profits may indicate effective wholesale operations OR the need to review wholesale processes closely.
Alert:
Low gross profits, especially on a unit basis, may be indicative of weak wholesale processes.
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06/15/2024 04:29:29 am