by CDK Global | 12/30/2015

7 Keys to Pricing Pre-Owned Vehicles

The price of a used vehicle often means the difference between making and missing the sale. Instead of manually managing your pricing, let our Used Lot Intelligence tool help you with the 7 keys to pricing used vehicles.

  1. Scan in photos of a trade-in.
  2. The manager will be alerted and, with the help of our tool, will assess vehicle interest, current market values and the dealership’s historical data.
  3. Our Used Lot Intelligence tool will recommend a price.
  4. The sales team will be alerted of the price.
  5. The manager will post the vehicle information and pricing on their website.
  6. Our tool will automatically adapt the price to fit market demands, no work for you!
  7. When a vehicle comes in for service, the sales team will be alerted if there’s positive equity on the vehicle.

Stop with the hassle and let our Used Lot Intelligence tool handle your used vehicle pricing.