Vehicle Parc (Service Department)

Vehicle Parc (Service Department)

Description:

Your franchise manufacturers provides you with all the vehicles registered within your dealership's area of responsibility over a given period of time; this represents your vehicle parc. These vehicles could be registered by your dealership or by another dealership that is selling vehicles into your area. In many cases the time period for measuring vehicle parc spans 10 years, although this varies from manufacturer to manufacturer.

Example:

Vehicles registered in current year = 958
Vehicles registered in Year 2 = 821
Vehicles registered in Year 3 = 767
Vehicles registered in Year 4 = 789
Vehicles registered in Year 5 = 745
Vehicles registered in Year 6 = 827
Vehicles registered in Year 7 = 754
Vehicles registered in Year 8 = 706
Vehicles registered in Year 9 = 635
Vehicles registered in Year 10 = 582
Total 10-year vehicle parc = 7,584

Discussion:

In the years that follow, the current vehicle registrations are added and year 10 of the calculation is replaced with the year 9 statistics and so on, therefore providing a revised ten-year vehicle parc.

Related Terminology:

» Motor Retail Terminology and Concepts