There is currently a post running on AutoDealerPeople.com titled, “What Vehicle are on Your Do Not Buy List?”. We all know that one of the most important questions in the purchase of any one vehicle for inventory is, will it “run the note?” Every dealer also knows that some vehicles experience more issues than others. Do you keep a Do Not Buy List for your BHPH dealership? If you don’t, you should!
As you make repairs to vehicles, experience delinquency, or have repossessions and charge-offs, you should keep track of the vehicles involved. Careful study of this data will reveal which vehicles are more likely to create problems. If you knew a certain vehicle was 50% more likely to break down and end up as a charge-off, wouldn’t you want to avoid having that vehicle on your lot in the future?
Delinquency problems can start with the vehicles you have on your lot. Maintaining a Do Not Buy list can help to minimize your inventory as a source of these issues. Below is a list of the vehicles posted in that thread on AutoDealerPeople.com. Do you agree with these and what ones would you add to it?
2.7L Chrysler engines before 2004,
Ford 5.4L 2004-2007,
02-04 4cyl Altimas,
05 and up Pathfinders and Xterras,
02 and back 626’s,
05 and up Maximas,
6.0 Ford Diesels,
Any Audi with a CVT,
Any VW with a non-turbo 2.0 liter,
Any older Jetta/Passat/Golf with an automatic over 100k,
BMW’s with a V8 (545i, 745i/Li),
Any BMW with an SMG transmission,
Any Nissan with a CVT,
Anything with a Northstar,
5.4 gas Fords,
6.0 diesel Fords,
Volvos with the T6 (trans problems),
4.7 Dodge AND Jeep have huge issues with clutch fan failure…lost motors left and right
2.2 Chevy s10
3400 GM (INTAKE MANIFOLD GASKET)