Prior to the launch of Accelerate, Ford Motor Credit dealers could only acquire off-lease vehicles that were returned by the lessee (or “grounded”) at their dealerships, or by traveling to physical auctions. Through the ATC-Onlane-powered Accelerate program, dealers can manage inventory without leaving their dealership. Dealers can pay for the vehicles via a wire transfer or Ford Motor Credit floor plan. ATC-Onlane’s transportation services are also integrated on the Accelerate site, allowing buyers to arrange for the transfer of purchased vehicles to their locations.
“Having instant access to a nationwide selection of off-lease vehicles has made a dramatic difference to our dealership in terms of time and cost savings, as well as overall operational efficiency,” said Mike Shireman, certified pre-owned manager at Stadel Volvo in East Petersburg, Penn. “I am able to manage my inventory in a more effective way and, in turn, increase customer satisfaction because I can now get the vehicles my customers want easily and quickly. Accelerate (Volvo version of Accelerate is VCFRide) provides me with access to a huge pool of virtual inventory – if I don’t have a vehicle that a retail customer is looking for on my lot, I can still close a deal by finding and buying that car on the site, and then having it shipped directly to my dealership.”
By offering thousands of vehicles for sale upstream via the Internet, Accelerate allows dealers to buy the vehicles they need with a faster time to sale. Specifically, the Accelerate sites allow dealers to: