Providers Offer Dealers More Accurate Measure of Vehicle Profits

vAuto, which provides dealers with actionable insights to help them improve their vehicle profitability, recently announced a new integration between its Stockwave used car dealer platform and transporter Ready Logistics.

This integration enables Stockwave clients to more easily see shipping costs and delivery times for vehicles at Manheim, which owns Ready Logistics, so they can consider such critical factors when choosing which vehicles to buy.

“With the power of Ready Logistics’ data, Stockwave gives dealers even more information at their fingertips to simplify the acquisition process and help them make informed purchase decisions," said Derek Hansen, vice president of operations at vAuto, in a Jan. 5 news release.

With this new integration, dealers can see a real-time estimate of transportation costs and delivery times for vehicles at Manheim right from their Stockwave Glance, and get a detailed snapshot of their expected transport details. The delivery window is important for dealers who are purchasing from a Manheim location the first time, as they can instantly get an estimate of how long it will take the car to arrive — without having to take time on the phone. This new information also helps them more precisely understand a vehicle’s acquisition cost, so they can align their business plans with their transportation needs.

Stockwave gives dealers access to vehicles from more than 300 marketplaces, alongside complete wholesale and retail data, so dealers can find the vehicles their customers want and make more informed purchase decisions. Stockwave users say they feel their overall capability to source used vehicles is better than other dealers within their market, and users also claim to have seen a notable increase in the number of used vehicles they have in stock after they started using the product, vAuto says. They also claim that their time to research inventory has decreased since they started using Stockwave.

As a vehicle transporter, Ready Logistics aims to simplify the supply chain for dealers and ease the movement of vehicles. Clients who ship with Ready Logistics can access a fully vetted carrier network, advanced transparent technology, and analytics on vehicles in transit, as well as full support.

vAuto and Ready Logistics are Cox Automotive companies.