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What Does a 90-Day Vehicle Really Cost Every Day?

A vehicle can sit quietly on a dealership floor while its economics change every day. The sticker price may be unchanged. The cost card may be unchanged. Yet the value of continuing to hold that vehicle can deteriorate through funding cost, market movement, ageing, advertising, presentation costs and the opportunity cost of capital tied up in stock that is not converting. That is why “90 days in stock” should not be treated as an age label. It should be treated as a financial trigger. Age is...