Wednesday, Apr. 21, 2021, 01:35 PM
Vehicle Acquisition Network, a private-party acquisition service provider for dealerships, said its new system integration with vAuto streamlines dealer inventory management with insight into vehicle demand and alternate sourcing opportunities.
The streamlining helps dealers appraise cars competitively and acquire vehicles quickly, according to Vehicle Acquisition Network.
The company said the strong increase in used-car sales over the past 18 months brings a profit opportunity for auto dealers during a time of shrinking inventory and margins in new-car sales.
But many dealerships that lack an alternate inventory sourcing channel are missing an opportunity with private sellers in their market, Vehicle Acquisition Network said.
The integration could bring an easy transition of appraisal and valuation information with a direct connection to exchange private seller vehicles and vAuto tools without duplicate entry, according to the company.
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