Can consigned cars help with inventory?

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Many car dealerships accept vehicle consignment and we have already discussed the pros and cons of having this type of inventory in your dealership here on the blog. However, for those who are having difficulty getting vehicles in exchange or even buying them, due to the COVID-19 pandemic in the country, this is a solution to complete your store's inventory.

To attract these customers, advertise on your social media about rcs data america modality, saying that you are consigning vehicles from people who want to sell but don't know how. And, when it's time to pick up the vehicle, it's important to remember to draw up a consignment agreement so that both parties are aware of the responsibilities that each has in the deal.

You must also issue an entry tax invoice: when from a state, use CFOP 1917; when from another state, CFOP 2917. When issuing the invoice, the nature of the transaction is “entry of goods received on consignment” and rest assured: there is no ICMS!