Departmental Profits
This department was a standout in February, delivering a Total departmental profit of $200,684, which crushed its budget of $133,280
What is the Parts department
The dealership retailed this many new vehicles in February, falling 16 vehicles short of their budgeted goal of 67.
What is 51 vehicles
The profitability metric for New vehicles came in at just $577 in February, falling significantly short of the $850 budget.
What is the New Gross per Vehicle Retailed (GPVR)?
For the overall dealership, this major expense category totaled $640,531 in February, making up 45% of the total gross.
What is Total Employment Expense?
The Parts department just missed the 42% net to gross goal by this percentage.
What is 1%. (41% net to gross)
Though a smaller department, it massively exceeded expectations by generating $33,732 in profit against a modest budget of $5,938.
What is the Body Shop
The dealership retailed this many Used vehicles in February, falling 13 units short of the budgeted 90.
What is 77 vehicles
Coming in at $1,003 in February, this metric unfortunately missed the target budget of $1,650.
What is the Used Gross per Vehicle Retailed (GPVR)?
The Parts Department beat its budget of 26.5% by achieving this gross as % of sales.
What is 28.1%
The Service department exceed the 16% net to gross goal in February by this percentage.
What is 3% (19% net to gross)
This department generated $78,632 in profit for February, easily surpassing its $46,756 budget.
What is the Service department
This ratio, which measures the balance of your inventory sales, came in at 1.51 to 1.00 for February, slightly above the budgeted 1.34 to 1.00.
What is the Used to New ratio?
At $1,881, this "per vehicle" profitability metric for New units successfully beat the budget of $1,850.
What is F&I GPVR-New?
The Service department achieved this Gross as a % of sales, slightly edging out its 80.0% budget.
What is 80.3%
Body shop slightly missed the 25% net to gross goal by this percentage.
What is 2% (23% net to gross)
This ultimate bottom-line metric hit $247,764, successfully beating the monthly budget of $240,223.
What is Net Profit?
The dealership sold 46% of this specific F&I product on New vehicles in February, beating the 40% budget.
What is a Vehicle Service Contract (VSC)
This combined New and Used metric finished February at 1.82, exceeding the 1.6 goal.
What is PPP?
This used car expense was down over 77% from January.
What is Policy
This percentage came in just short at 3.4% compared to the goal of 3.5%
What is Net to sales
This overall dealership metric came in at $1,398,525 for the month, achieving a 19.0% margin but slightly missing the $1,434,883 budget.
What is Total Dealership Gross Profit?
The Parts department reported that this percentage of its inventory had experienced no sale in over 12 months.
What is 9%
The service department's effective labor rate for this specific payment type reached $146.07, surpassing the $140.71 budget.
What is Customer Pay?
Service policy benchmark is this percent to gross profit.
What is 2%
This margin finished at 10.7%, narrowly missing the benchmark of 11% in February.
What is used car gross margin?