Take off wheels

Take off wheels

Postby stevejm71 » Mon Aug 27, 2018 3:36 pm

I am curious as to how everyone handles take off wheels. When someone upgrades wheels how do you handle the take offs? Do you give any type of credit for the take offs? Just wondering. Thanks in advance
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Re: Take off wheels

Postby MR GOODWRENCH » Mon Aug 27, 2018 4:57 pm

Be careful with this one. My experience is that you will end up with an excess of inventory of these "take-offs", both on your books and taking up valuable shelf space. Unless you are willing to spend time on an aggressive marketing campaign or you have a relationship where your front-end managers are highly supportive of your efforts, then I'd pass.

In our case, any "take-offs" are administered, paid for, and stocked by the front-end (i.e. New and Used Car Managers). Sure, they occasionally make a few bucks on it, but all their motivation comes from the fact that they "own" it.
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Re: Take off wheels

Postby Gerry Laughlin » Mon Aug 27, 2018 7:20 pm

Ours are stored in Parts for 180 days, after that they belong to parts (who has nothing in them). We generally sell them to Used Cars once they are Parts property.
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Re: Take off wheels

Postby stevejm71 » Mon Aug 27, 2018 7:32 pm

Thanks for the info and advice. The previous parts manager would take them in on trade. We would add them into our inventory and "try" to sell them. We would end up sitting on them forever. We would usually end up selling them back to the sales dept. at little or no profit. The recent take offs we have not taken in on trade. Wouldn't you know it, those did not stick around very long. I agree with you Mr. Goodwrench, the sales dept. has way more motivation to sell them when they own them.
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Re: Take off wheels

Postby Denise Trimble » Mon Aug 27, 2018 8:28 pm

Most of our customers keep theirs for a "winter" set.
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Re: Take off wheels

Postby vtecmanager » Tue Aug 28, 2018 5:01 pm

I always took the approach that they belonged to the customer. The sticker on the window says "Equipped with 18" bla bla blas" not "Wheels and Tires sold separately". If sales wanted the take off's I'd tell them go deal with the customer. This was Honda and they were just rolling out core charges on new wheels so IDN how that would come in to play now.
20 years in the biz...and still learning.
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