We Have Millions Trapped In Overage Stock!

Overage stock is one of the biggest threats facing used car dealers right now... and we've just discovered we've got a serious problem. After analysing every vehicle on our forecourt, we added up the number of overage cars and their combined retail value. The results made for some very sobering viewing. How did we get here? Why is overage stock so damaging to a dealership? And more importantly, what can we actually do about it? In this episode, we dive deep into the numbers, reveal some of our oldest stock and discuss why certain vehicles simply haven't captured the imagination of the car-buying public. Craig is absolutely fuming, Jamie is trying to stay positive and Mel joins the discussion to offer his perspective on what's caused the issue in the first place. As the scale of the problem becomes clear, it's time to stop talking and start acting. Prices are reduced, strategies are debated and a plan is formed to tackle the growing overage stock crisis before it gets any worse. Will the discounts work? Can we turn these ageing cars back into cash? Or have we left it too late? 🚗 Browse our latest stock: www.carquay.co.uk 📸 Follow Car Quay: Instagram: @carquayltd Facebook: Car Quay 🎥 Follow Car Lateral: Instagram: @car_lateral TikTok: @carlateral #CarLateral #CarDealer #UsedCars #CarSales #CarQuay #MotorTrade #DealershipLife