Tax Return Season has arrived. Car shopping season is in full swing. Search Engine impressions for used cars are up and retail impressions on auto listing sites are spiking.
As I’ve said, we think there is a chance to double-dip right now. What does that mean, “double dip”? It means you can:
- (First Dip) Wholesale the retail-ready inventory you’re sitting on right now, freeing up cashflow or credit
- Purchase your next project
- Rebuild it
- (Second Dip) Wholesale or retail out of it before the tax season ends
According to Cox Automotive and the IRS, tax season returns are running behind previous years, although the gap is shrinking. Additionally, the average return is up by 4% year over year.
So, will you pull it off with a couple of months left in the season?
AutoSavvy can help, we’re looking to purchase inventory right now. More importantly, we’re looking for long-term partners. If you are looking for the same thing, submit your vehicles for valuation or to contact us.
Happy Rebuilding!