Survey: Majority of Dealers Wait 90 Days To Wholesale Used Vehicles

Washington DC October 20, 2006; The AIADA newsletter reported that a survey conducted by NADA indicates that three months is the most popular cutoff point for dealerships to wholesale used vehicles, reports Dealer Magazine.

Nearly half (46 percent) of the franchised dealers surveyed employ strict inventory guidelines that demand used units be wholesaled after a set period of time of not selling on the retail lot -- usually 45 or 60 days, while 38 percent of respondents said they wait 90 days.

The average franchised dealer will wholesale four used vehicles for every six that are retailed.