Glossary / General

aged inventory

9 Episode Mentions

Too Afraid to Ask

When a car stays on the lot for a long time, it can look old or less desirable to shoppers. This means the dealer might have to lower the price to sell it.

Technical Definition

Aged inventory refers to vehicles that have been on a dealership lot for an extended period, often months or years. The longer a car sits unsold, the more it can lose value and appeal to buyers.

Hear It Discussed

"I wrote the article that was in yesterday's newsletter about aged inventory dealers have got inventory that's starting to get old on them and that's where the bargains are also next week"
Car Pro Radio Show April 18 26 Hour 2 CarPro Radio Show 03:12

"I asked before the show if Joe would take a screenshot of his most aged inventory on the Ford side across the whole dealer group and the Lincoln side and also on the Mazda side. And here we go,..."
Dealers Can't Sell NEW CARS | Ford & Mazda Dealer Joins the Show | Episode 1061 CarEdge Live 06:08

"The key is not letting those vehicles get aged. So we're always looking to re-up those units."
Walton on Rural Dealerships, Zombo on Reconditioning Clock, Cain on AI in F&I | Daily Dealer Live Car Dealership Guy Podcast 12:01