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How to Turn Obsolete and Surplus Auto Parts Into Cash

Walk your back shelves and you'll find money you forgot you spent. The slow movers. The overstock. The special order nobody came back for. You paid the OEM for every one of them, and today they just sit there, tying up cash and eating shelf space. Most parts departments treat obsolete stock as a loss waiting to happen. There's a…

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What is parts inventory obsolescence?

Parts that are 12 months and older are obsolete. Parts that have not sold for 6 months have a 65% chance of not selling again Parts that have not sold for 7-9 months have a 75%  chance of never selling Parts that do not sell for 9-12 months have an 85% chance of never selling Obsolescence exists in every dealership…

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