Business, Commerce and Management Studies Generic Management

Used Vehicle Market Analysis and Sourcing Training

SAQA US 243270 | NQF 5 | Credits 14 | Duration 11 Days
From $2,074 per delegate

Description

This course equips learners with the skills to analyse market trends and consumer needs in the pre-owned vehicle sector. Participants will learn to source vehicles strategically and price them competitively, ensuring alignment with current market demands. The course bridges theory and practice, enabling informed decision-making in vehicle procurement.

Learning Outcomes

  • Analyse market needs and trends to identify sourcing opportunities in the pre-owned vehicle market.
  • Evaluate vehicle pricing strategies based on market data, condition, and demand.
  • Apply sourcing techniques to acquire vehicles that meet organisational and customer requirements.
  • Implement pricing models that balance profitability and market competitiveness.
  • Demonstrate the ability to compile market analysis reports to support procurement decisions.

Target Audience

This course is designed for automotive dealership managers, vehicle sourcing agents, and fleet acquisition specialists who are responsible for analysing market conditions and procuring pre-owned vehicles.

Prerequisites

None — open enrollment. However, basic knowledge of the automotive industry is beneficial.

Course Outline

Day 1: Introduction to Used Vehicle Market

Objectives:
• Understand the size and structure of the South African used vehicle market
• Identify key market players and their roles
• Recognise factors influencing supply and demand in the used vehicle sector
• Differentiate between franchised and independent dealers
• Appreciate the importance of market analysis for sourcing decisions

Topics:
• Overview of the South African automotive industry
• New vs used vehicle market dynamics
• Key stakeholders: OEMs, dealers, auctions, private sellers
• Market segmentation by price, age, and vehicle type
• Economic indicators affecting the used car market
• Regulatory environment: CPA, Ombud, and industry bodies

Day 2: Market Research and Data Sources

Objectives:
• Identify reliable data sources for used vehicle market analysis
• Understand how to interpret market reports and indices
• Apply basic data collection techniques for local market conditions
• Analyse pricing trends using industry benchmarks
• Recognise the limitations of available data

Topics:
• Sources: TransUnion, AutoTrader, NAAMSA, auction results
• Understanding trade, retail, and wholesale values
• Vehicle pricing indices and depreciation curves
• Geographic market variations
• Seasonal and cyclical trends
• Data accuracy and validation

Day 3: Vehicle Valuation Methods

Objectives:
• Apply the three main valuation approaches: market, cost, and income
• Calculate depreciation and residual values
• Adjust valuations based on vehicle condition and mileage
• Use valuation tools and guides effectively
• Understand the impact of optional extras and modifications

Topics:
• Market comparison approach
• Cost approach: replacement value less depreciation
• Income approach for commercial vehicles
• Depreciation models: straight-line, declining balance
• Condition grading systems
• Valuation tools: Glass's Guide, Auto Dealer, etc.

Day 4: Vehicle Inspection and Condition Assessment

Objectives:
• Conduct a systematic vehicle inspection for mechanical and cosmetic condition
• Identify signs of accident damage, odometer tampering, and prior repairs
• Assess the mechanical state of key components (engine, transmission, suspension)
• Evaluate interior and exterior condition
• Document findings for valuation and sourcing decisions

Topics:
• Inspection checklist development
• Exterior: paint, panels, glass, tyres
• Interior: upholstery, electronics, controls
• Mechanical: engine, transmission, brakes, suspension
• Odometer verification and history checks
• Using diagnostic tools and test drives

Day 5: Vehicle History and Legal Compliance

Objectives:
• Understand the importance of vehicle history reports
• Verify vehicle identity and ownership
• Check for outstanding finance, stolen status, and accident history
• Ensure compliance with the National Credit Act and CPA
• Manage risk through proper documentation

Topics:
• Vehicle history reports: eNaTIS, HPI, CarCheck
• VIN/chassis number verification
• Finance clearance and settlement procedures
• Roadworthy certificates and licensing
• Recall status and safety compliance
• Consumer Protection Act implications

Day 6: Sourcing Channels and Strategies

Objectives:
• Identify and evaluate different sourcing channels for used vehicles
• Develop criteria for selecting suppliers
• Understand the pros and cons of trade-ins, auctions, and direct purchases
• Build relationships with key sources
• Apply sourcing strategies to meet stock requirements

Topics:
• Trade-ins: advantages and pitfalls
• Auction types: physical, online, dealer-only
• Direct from private sellers
• Fleet and rental de-fleeting
• OEM buy-back programmes
• Supplier evaluation and relationship management

Day 7: Negotiation and Purchase Decision

Objectives:
• Apply negotiation techniques specific to used vehicle purchasing
• Evaluate offers based on market value and condition
• Make informed buy/no-buy decisions
• Structure deals with win-win outcomes
• Document purchase agreements correctly

Topics:
• Negotiation preparation and BATNA
• Price negotiation tactics
• Dealing with seller objections
• Purchase decision criteria
• Offer letters and purchase agreements
• Ethical considerations and transparency

Day 8: Inventory Management and Stock Turnover

Objectives:
• Understand inventory turnover metrics and their impact on profitability
• Apply stock ageing management techniques
• Use data to optimise stock mix and pricing
• Implement reconditioning and preparation processes
• Minimise holding costs while ensuring availability

Topics:
• Days-to-sell and turnover ratios
• Stock ageing reports and action triggers
• Pricing strategies for fast and slow movers
• Reconditioning cost-benefit analysis
• Inventory carrying costs
• Disposal strategies for aged stock

Day 9: Digital Tools and Online Platforms

Objectives:
• Utilise online marketplaces for sourcing and benchmarking
• Leverage data analytics tools for market insights
• Manage listings and inventory across platforms
• Understand the role of digital marketing in sourcing
• Evaluate new technology for market analysis

Topics:
• Online sourcing platforms: AutoTrader, Cars.co.za, OLX
• Auction platforms: Burchmore's, WBC, online auctions
• Inventory management software
• Data analytics tools and dashboards
• Social media and digital marketing for sourcing
• Emerging technologies: AI, blockchain

Day 10: Risk Management and Fraud Prevention

Objectives:
• Identify common fraud schemes in used vehicle sourcing
• Implement due diligence processes to mitigate risk
• Understand insurance and warranty implications
• Develop policies for handling suspicious transactions
• Comply with anti-money laundering regulations

Topics:
• Types of fraud: odometer rollback, cloning, forged documents
• Red flags and warning signs
• Due diligence checklists
• Insurance coverage for sourcing activities
• Warranty types and claim processes
• FICA and AML compliance

Day 11: Strategic Sourcing and Market Forecasting

Objectives:
• Develop a strategic sourcing plan aligned with business goals
• Apply forecasting techniques to predict market trends
• Integrate market analysis into sourcing decisions
• Evaluate sourcing performance using KPIs
• Prepare for future market changes

Topics:
• Strategic sourcing frameworks
• Forecasting models: trend analysis, regression
• KPI development: acquisition cost, margin, turnover
• Benchmarking against competitors
• Scenario planning for market shifts
• Final assessment and course wrap-up

Practicals

32 hours of practicals To be conducted online or on-campus or in-house
Overview

These practicals provide hands-on experience in vehicle inspection, market data analysis, valuation, and sourcing decision-making. Learners will apply classroom concepts to real-world scenarios, developing skills directly transferable to their roles.

Practical Activities
  • Vehicle Inspection Practical — Learners conduct a comprehensive inspection of a used vehicle using a standard checklist, including mechanical, cosmetic, and systems checks. (8h)
  • Market Data Analysis and Valuation — Using real market data from AutoTrader and auction results, learners calculate trade, retail, and wholesale values for a set of vehicles. (8h)
  • Sourcing Simulation and Negotiation — In a simulated sourcing exercise, learners evaluate three vehicles from different channels, negotiate prices, and decide on purchase. (8h)
  • Digital Sourcing and Inventory Planning — Learners use online platforms to source vehicles, analyse inventory data, and create a stock plan for a dealership scenario. (8h)

Summatives

Each delegate is assessed continuously throughout the course via daily exercises, scored practical assignments, and a final summative test at the end.

Practical Assignments — 30%

Practical assignments are observed and scored against a rubric during the practical sessions. Each delegate's practical mark is averaged into a single 100% score and contributes 30% to the final total.

Daily Exercises — 20%

Every training day ends with a multiple-choice exercise scored out of 100%. The scores from each daily exercise are averaged across the duration of the course to produce a Daily Average mark, which contributes 20% to the final total.

Final Test — 50%

On the last day a final summative test is written. It is a multiple-choice paper with multiple-answer questions: each question may have more than one correct option, and a single wrong selection on a question marks the entire question wrong — no partial credit. The final test is scored out of 100% and contributes 50% to the overall mark.

Final Total
Component Out of Weight
Practical Assignments (rubric-scored) 100% 30%
Daily Average (multiple choice) 100% 20%
Final Test (multi-answer multiple choice) 100% 50%
Final Total 100%

All marks are recorded on the AATICD LMS and visible to each learner under their account.

Certificate

Certificate of Completion

Awarded to delegates who achieve an overall mark of 50% or higher on the Final Total (Practicals 30% + Daily Average 20% + Final Test 50%).

How it works
  • Certificates are auto-generated on the AATICD LMS as soon as the marks pass the 50% threshold.
  • Each certificate is a branded PDF with the delegate's name, the course title, the unit standard ID, NQF level, credits, and the date of issue.
  • You can download or print your certificate from your LMS dashboard at any time after issue — there's no reissue fee and no expiry date.
  • If you scored under 50% you can sit the final test again at the next scheduled session at no extra cost.
Where to find it

Sign in to the LMS, open your dashboard, and your certificates appear under My Certificates. Each entry has a View / Download button and a print option.

Training Discounts

Group discounts apply automatically — the more delegates you enrol, the greater the saving. Discounts are calculated at 3% per 5 delegates, scaling up to 40% off for 100+ delegates.

Delegates Discount
5 3% off
10 6% off
15 9% off
20 12% off
25 15% off
30 18% off
50 30% off
75 35% off
100 40% off

3% discount per 5 delegates, up to 40% off for 100+ delegates. Contact us for a custom group quote.

Upcoming Training Sessions
Online training — attend live sessions from anywhere via our virtual classroom.
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Wed 09 Sep 2026 Wed 23 Sep 2026 Virtual Spring 2026 $2,074 Register
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Fri 31 Dec 2027 Fri 14 Jan 2028 Virtual Summer 2027 $2,074 Register
Thu 20 Jan 2028 Thu 03 Feb 2028 Virtual Summer 2027 $2,074 Register
On-Campus training — face-to-face sessions at our training venues across Africa and beyond.
Showing all 494 sessions across 26 venues
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Fri 07 Aug 2026 Fri 21 Aug 2026 Pretoria, South Africa Winter 2026 $3,110 Register
Fri 07 Aug 2026 Fri 21 Aug 2026 Lagos, Nigeria Winter 2026 $6,539 Register
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In-House training — we bring the trainer to your organisation, tailored to your team.
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Thu 17 Sep 2026 Thu 01 Oct 2026 Your Premises Spring 2026 $2,695 Register
Wed 07 Oct 2026 Wed 21 Oct 2026 Your Premises Spring 2026 $2,695 Register
Tue 27 Oct 2026 Tue 10 Nov 2026 Your Premises Spring 2026 $2,695 Register
Tue 15 Dec 2026 Tue 29 Dec 2026 Your Premises Summer 2026 $2,695 Register
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Mon 14 Jun 2027 Mon 28 Jun 2027 Your Premises Winter 2027 $2,695 Register
Fri 09 Jul 2027 Fri 23 Jul 2027 Your Premises Winter 2027 $2,695 Register
Thu 29 Jul 2027 Thu 12 Aug 2027 Your Premises Winter 2027 $2,695 Register
Wed 15 Sep 2027 Wed 29 Sep 2027 Your Premises Spring 2027 $2,695 Register
Tue 05 Oct 2027 Tue 19 Oct 2027 Your Premises Spring 2027 $2,695 Register
Mon 25 Oct 2027 Mon 08 Nov 2027 Your Premises Spring 2027 $2,695 Register
Tue 14 Dec 2027 Tue 28 Dec 2027 Your Premises Summer 2027 $2,695 Register
Mon 03 Jan 2028 Mon 17 Jan 2028 Your Premises Summer 2027 $2,695 Register
Fri 28 Jan 2028 Fri 11 Feb 2028 Your Premises Summer 2027 $2,695 Register
Training Discounts
Delegates Discount
5 3% off
10 6% off
15 9% off
20 12% off
25 15% off
30 18% off
50 30% off
75 35% off
100 40% off

3% off per 5 delegates, up to 40% for 100+

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