The Hottest Solution For Used Vehicle Inventory Management

With the current economic conditions, consumers are looking for places where they can adjust their budgets, and cars are very high on this list. The decline in new car sales has resulted in an increase of pre-owned vehicle sales. When it comes to used cars, good inventory control is of primary importance for dealers.Dale Pollak, a former Cadilliac-GMC dealer founded vAuto.Inc in 2005. It is a company that specializes in used-vehicle inventory management. His vision was to develop a system for sharing data between sales staff and customers. Dealers need help in pricing the used vehicles and the software offered by vAuto can highlight pricing problems and help in fixing them.


One of the company's clients, Paragon Honda and Paragon Acura started using vAuto in 2009 and became top sellers of certified used Hondas and Acuras.The increased access to information online that used car shoppers benefit from today, makes it necessary for dealerships to compete in offering a live market for used vehicles. Most used car buyers first search the Internet and create shopping lists of cars that have the best value. Quick response to online competition helps dealers maximize profits and drive increased traffic to showrooms.vAuto launched a system that helped offering financial insight into key inventory management which is helpful for dealers. The rapidly changing market for used vehicles makes it necessary to find solutions for better way to price and appraise pre-owned vehicles.Dealers can compare prices of used cars to similar vehicles for sale and thus offer customers a comparison which can justify a higher price that reflects the car's mileage and condition. This is made possible due to vAuto's latest product, RealDeal. Launched in February, 2010, RealDeal, 'The Pre-Owned Price Check' provides the technology to quote prices and provide detailed documentation on attributes of competing vehicles that have been identically equipped.Dealers can thus minimize negotiation time, close more deals and offer improved customer satisfaction by using this product. In the showroom, on the phone or over the Internet, they can always offer a fair price and stay behind their offer. Used car sales need extensive documentation and offering prices that make customers confident that they have a competitive deal help them reach a decision.Using the RealDeal suite, dealers can select criteria for checking price based on geographical distance, make, color, model, mileage or specific equipment. Printed reports or guided web tutorials can be offered to customers.

Ongoing training, coaching and support is offered by vAuto to help its users work with this tool at its fullest potential. vAuto's database includes details on millions of used vehicles and it is updated on a daily basis.vAuto, the provider of used car inventory management systems was ranked 22nd among the fastest growing software companies in 2009. This meant recognition of the fast growing company which proposed a new approach to managing used cars operations. Becoming part of the Inc. 500 list meant joining the ranks of companies that are dedicated to finding innovative solutions and creating smart systems and products that are meant to become the hottest trends.