Use Employee Benefits To Deliver a Varied Forecourt
With the used car market currently in high demand, a guaranteed used car pipeline is a must. Use your CBS car scheme to plan your stocklist, taking into account vehicles you have now and future stock that has likely been delayed due to the semiconductor shortage.
Find out moreMake use of those pockets of stock that are on the ground, by firstly fulfilling your employee car benefit requirement, confident in the knowledge you’ll know the full car history. Then you’ll have the opportunity to pre-sell the vehicle ahead of its return to your forecourt.
You will have a clear sight of potential profit for your used car ahead of adding any vehicle to a CBS scheme, because the buyback is set at the beginning of the agreement and is in line with residual value.
Benefits For All Employees
If you want to increase your used car stock levels, then consider expanding the car benefit to all of your employees, not just those who are entitled to a vehicle because of their job role.
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An advantage of using CBS cars to create your used car pipeline is being able to pre-sell the vehicles before they even return to the forecourt. Ahead of your employee returning their CBS vehicle, you can book in a service and any reconditioning work that might need to be carried out. This preparation should lead to the vehicle being on the forecourt for a limited time only.