Rapid Recon Marks 10 Years Improving Used Car Profitability with Two New Solutions

PALO ALTO, Calif., Feb. 3, 2020 /PRNewswire/ -- Rapid Recon announced today its 10th-anniversary educating auto dealerships on how to apply time-to-line (T2L) speed to sale principles to their used car reconditioning processes to improve vehicle turn and per-vehicle revenue.

Rapid Recon accelerates and streamlines how dealers get used cars sale-ready, reducing T2L from weeks to three to five days. Based on 2019 study, Rapid Recon was shown to reduce T2L by 49% at top Mercedes-Benz dealerships; for BMW dealerships by 47%; for Ford dealerships by 39%; and at Toyota dealerships by 31%.

At NADA '20 this month, Rapid Recon founder and CEO Dennis McGinn will make three substantial announcements:

    --  The release of McGinn's latest book on speed-to-sale practices based in
        T2L, INVENTORY IS A WASTE - Why Recon T2L Speed to Sale Matters More
        Today than Ever, which follows upon his 2018 hit, RECON T2L - The
        Starting Line for Reversing Margin Compression.
    --  In keeping with Rapid Recon's record of continuous improvement to its
        market-leading recon workflow software, the company is also announcing
        at NADA:
        --  Vendor Advantage, which extends T2L workflow accountability,
            communications and cost control functionality to sublets and
            vendors. It enables dealers to assign work and receive work status
            notifications from both in-house and vendors including mechanical
            sublets, body shops, PDR and wheel repair.
        --  Live Locate, advanced Bluetooth locator technology for outdoor,
            indoor and multi-level facilities for auto dealers - and it detects
            location elevation in multi-story facilities and showrooms. Live
            Locate solves a challenging annoyance -- "Where are my cars and
            where are their keys!"

T2L data from six million vehicles and across 40,000 dealership and vendor users validate Rapid Recon T2L's robust contribution to dealers' ability to fight margin compression. Rapid Recon is also used across 20,000 mobile and tablet users supported by its robust on-site onboarding and user training and support.

Visit Rapid Recon at NADA '20 at Booth 2693C, Central Hall. www.rapidrecon.com

Contact
Jim Leman, Jim@lemanpublicrelations.com
847-840-0784/cell-text

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SOURCE Rapid Recon