Trader Forms Partnership with vAuto
Canadian automotive dealers can now benefit from vAuto's online Live Market View, which provides valuable information through its analysis of used vehicle markets with up-to-the minute data.
According to Trader, Toptimizer is based on vAuto's online live market view and includes stocking, appraisal and pricing modules. More than 3,500 automotive dealers in the US utilize vAuto to optimize their used vehicle operations.
Toptimizer will provide Canadian dealers real-time information on current used vehicle supply, demand and market pricing in their local marketplace. The vAuto suite of solutions will compliment Trader Corporation's existing dealer smart solutions product offering.
Dealer smart solutions are fully integrated online platforms helping automotive dealers promote their inventory to drive traffic and optimize their business efficiency and speed to market.
Normand Theberge, vice-president of marketing at Trader Corporation, said: â€œOur priority has always been to offer best-in-class business solutions that constantly adapt to today's fast-evolving market. Our partnership with vAuto allows our Toptimizer's sophisticated online modules to help our customers quickly grasp current market conditions and better manage their used car inventory.â€
Keith Jezek, president of vAuto, said: â€œvAuto is excited to offer Canadian dealers a competitive edge through Live Market View. As car buyers research and compare cars on the Internet, it is essential for dealerships to understand how their inventory compares to the market. Toptimizer featuring vAuto will allow Canadian dealers a better decision-making process resulting in increased profit margins.â€
Will the partnership benefit Canadian automotive dealers?
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