Free tool increases sourcing efficiency and fast tracks trade-in leads to AutoGate
New vehicle supply challenges have been well documented. But the current marketplace is also providing opportunity for savvy dealers to develop their inventory management strategies and supply quality, in-stock used vehicles to cater for increased consumer demand.
Updated and free, the carsales Trade-In tool, is making the sourcing of trade-in inventory simpler and more efficient.
carsales internal data shows that 46 per cent of new car buyers feel trading-in their existing vehicle is the most convenient way to sell it¹. Now, the new carsales Trade-In tool enables such consumers to simply lodge a trade-in request after they submit a dealer enquiry of a car for sale.
The consumer will have opportunity to supply trade-in information, which will automatically update the enquiry to reduce lead complexity and increase efficiency at the dealer end.
The prospect’s trade-in is also matched with a RedBook code for more accurate vehicle information, leading to a stronger valuation process.
The information combines to give dealers a stronger initial lead and creates a larger inventory ecosystem, leading to improved stock acquisition opportunities.
carsales Trade-In enquiries also feed directly into AutoGate, enabling the dealer to view leads directly under the prospect as a new acquisition opportunity, or via the new Sourcing tab. Dealers can also manually add a trade-in to any lead and track its progress, supporting your offline business.
The Sourcing tab is live now to all users on AutoGate, giving users visibility of current Trade-In opportunities. Pricing and appraisals in AutoGate can be further enhanced with subscriptions to LiveMarket and Appraisal Solutions.
Appraisal Solutions integration
For those dealers with an Appraisal Solutions subscription, the launch of Sourcing has also created a new home for appraisal management within AutoGate.
Appraisal Solutions for AutoGate is the only appraisal tool that integrates natively with LiveMarket, increasing efficiency while being simple to use.
After listening to dealer feedback re minimising the number of applications they manage, Appraisal Solutions reduces the need to switch between multiple screens to appraise and value a vehicle. It also provides an intuitive digital process for those using a traditional carbon copy appraisal pad, in a familiar environment.
Available within AutoGate Sourcing, Appraisal Solutions will enable dealers to provide more accurate trade-in valuations to customers and can be used in conjunction with the carsales Trade-In capabilities to further improve dealer inventory management.
For more information on carsales Trade-in and how Appraisal Solutions can work for your business, please contact your carsales account manager.
¹carsales Buyer Sentiment Survey COVID Wave #9, October 2021 (n= 1695 completed surveys)
