Vendor Reviews
Inventory Pricing
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vAuto: vAuto’s Offers what is calls Provision a suite of related products to help you find the right used calls to sell. The Provisioning tool identifies the best vehicles for your live market and tells you exactly how to add them to your franchised inventory on the money. With access to vAuto’s industry-leading live market data, it’s easy to build a more precise inventory, sell more cars and generate more profit.
About vAuto: vAuto is a COX Automotive company. vAuto was founded in 2005 by a group of automotive industry veterans determined to provide dealers with a new way to manage their used vehicle inventory in a new era of the automotive industry.
In late 2010, when vAuto was acquired by AutoTrader Group, the company gained one-of-a-kind access to data from Autotrader and Manheim, the nation’s premier retail and wholesale marketplaces. When Cox Enterprises formed Cox Automotive in 2014, vAuto and its fellow AutoTrader companies became part of a family of more than 20 leading wholesale and retail automotive brands, with a shared vision of providing end-to-end solutions for dealers.
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TrueCar: TrueCar can be a valuable tool for understanding how to price your inventory in a competitive way. Not only does it show graphs of the average prices car in your area sold for, it also has a TrueCar Trade tool that gives you insight into what a fair price for buying someones used car might be.
About True Car: TrueCar, Inc. is a digital automotive marketplace dedicated to being the most transparent brand in the industry. TrueCar shows consumers what others paid for the car they want, so they can recognize a fair price. Users receive upfront pricing information when they connect with TrueCar Certified Dealers, allowing them to enjoy a more confident buying experience. TrueCar operates its own site and powers car-buying programs for over 500 companies, including some of the most trusted brands in the world such as USAA, AARP and American Express. TrueCar has a network of over 16,000 Certified Dealers and currently, over one third of all new car buyers engage with the TrueCar network during their purchasing process.
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Kelley Blue Book®: Since 1926, Kelley Blue Book® has been the leading provider of car and pricing info, helping to align buyer and seller expectations and remove friction from the transaction process. Kelley Blue Book® is virtually synonymous with car research and helps validate vehicle values, through pricing data, and trade-in and acquisition tools.
About Kelley Blue Book®: Founded in 1926, Kelley Blue Book®, The Trusted Resource®, is the vehicle valuation and information source trusted and relied upon by both consumers and the automotive industry. The company also provides vehicle pricing and values through various products and services available to car dealers, auto manufacturers, finance and insurance companies, and governmental agencies. Kelley Blue Book is a Cox Automotive brand.
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DealerSocket: DealerSocket’s Inventory+ claims to have more data sources than any other tool in the industry to sell your vehicles faster and without compromising profit. Their TrueScore™ appraisal tool looks at aggregated transactional and your historical sales data to help you make the best purchase/offer decisions, taking the guesswork out of whether a car will sell well at your particular dealership’s location. The live online market data in their award winning TrueTarget™ pricing tool facilitates the best pricing decisions . It combines data from AutoTrader.com®, Cars.com™, and eBay Motors®. But it doesn’t stop there, powerful industry metrics from NADA, Black Book®, Kelley Blue Book®, Galves®, CARFAX®, and real-time auction transactions for an even more precise pricing picture.
About DealerSocket: DealerSocket is a provider of software for the automotive industry. Its products include customer relationship management, digital marketing and websites, vehicle inventory management, analytics reporting, and solutions to streamline dealer operations such as desking, credit reporting, compliance, and a dealer management system
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Black Book: Black Book needs no introduction to auto pros. It has been the insider’s choice for making financial decisions on cars for years. With Black Book Cherry, their leading app for automotive professionals, you have access to Black Book’s industry leading Wholesale, Retail, Trade-In, and History Adjusted Values, which allow you to quickly understand the impact of a vehicle’s history report on its value.
About Black Book: Since 1955, Black Book been sharing what it knows with other car people. It all began with three Georgia businessmen pooling their notes on local auto auctions. These sessions became a weekly publication made available to other dealers.
Today, Black Book is a division of the Hearst Business Media Corporation. Its line-up of innovative products and services includes new and used vehicle value services, custom data licensing solutions, and lender origination and risk analysis. The rapid pace of industry change can be evidenced at the dealership level, where information access has forever transformed the way car-shoppers approach the buying process.
Black Book has remained a step ahead offering pioneering tools that enhance the customer experience while simultaneously generating the highest quality lead generation solutions for dealerships nationwide.
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DealerCAR Search: Dealer Car Search offers robust features that provide powerful insight on how to position your inventory in the marketplace, maximize inventory turns, reduce losses, and increase your bottom line. It helps you to lay out a predetermined Pricing and Reduction Strategy well in advance of taking Inventory to market ,so you manage your business with a well thought out business plan rather than emotion.
About DealerCAR Search: DealerCAR Search won the Driving Sales Satisfaction Award for “Top CRM Sales Department” in 2018
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VinSolutions: VinSolutions offers Connect Vehicle Valuations and Connect Market Pricing. These two software modules combine third-party market data with real-time pricing data from your market to tell dealers what customers demand from the market, helping dealerships appraise smartly and price competitively to optimize margins..
About VinSolutions
VinSolutions’ automotive software solutions integrate your systems and tools to deliver a single view of the customer across your dealership, so you can maintain relationships and make more repeat sales.
Car dealers rarely engineer CRMs, and that’s the problem VinSolutions fixes. Software developers don’t understand what it takes to sell cars every day. At VinSolutions, our developers are informed and guided by people just like you: car dealers. Our sales, support, performance management and product management teams are all full of former dealership employees.
VinSolutions’ vision is for dealerships to change for their consumers, who are now more informed than ever. We help dealerships show they know their consumers and want to provide them with information through more useful virtual showrooms, timely, relevant communications and every connection consumers experience. With more access to automotive intelligence and a deep understanding of sales processes and communications, VinSolutions helps you make every connection count.
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About MAX Digital:
MAX Digital creates experiences that drive success. From award-winning inventory management to people-friendly digital retail solutions, MAX provides deep consumer understanding, advanced analytics, and superior experiences designed to delight customers, empower teams and maximize profits. They work with some of the largest most respected dealership groups in the United States. MAX Digital was named Dealers’ Choice top inventory management system for 2019 in Auto Dealer Today. For more information visit maxdigital.com.
They offer several platforms in tier bundles. Their product suite includes:
MAX My Trade – collaborative trade-in tool designed for high satisfaction and lower valuations
MAX Digital Showroom – sales team, BDC, mobile merchandising tool and website add-on to support total value of price with extensive market and vehicle information
MAX Pricing and Appraisal – inventory pricing and appraisal with sales history and market data
FirstLook – inventory management with additional tools to drive large group performance
MAX Ad & Syndication – merchandising system to create and distribute the most engaging ads automatically
MAX Trade Value – widget for dealer sites to estimate trade-in value and generate leads
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