What does inventory car mean?
1 Answers
There is no clear legal definition for inventory cars, but in the automotive sales industry, the term generally refers to vehicles that have remained unsold for over a year. As a commodity, inventory cars occupy substantial space, carry high price tags, incur significant storage costs, and tie up considerable dealer capital. Consequently, dealers typically avoid prolonged inventory retention. However, due to various reasons, many vehicles exceeding one year since manufacture do exist in the market. Identifying inventory cars requires no special effort – manufacturing dates are clearly stated on vehicle identification plates, and dealers seldom conceal inventory status. The critical assessment lies in whether the vehicle received proper maintenance during its storage period.