OPENLANE Speaks at Association of Consumer Vehicle Lessors Conference

DEARBORN, MI – Nagi Palle, vice president of analytics for OPENLANE, Inc., spoke at the Association of Consumer Vehicle Lessors (ACVL) Conference on Sept. 17.

Palle’s presentation, “Increasing Residual Value Using Analytics,” provided an overview of online remarketing and discuss what role analytics plays in increasing a vehicle’s residual value for both consignors and dealers.

The session examined the ways in which analytics can help with vehicle pricing, volume analysis, and dealer demand. Palle also outlined real-world case studies to demonstrate how analytics can be leveraged to increase the efficiency of vehicle sales and inventory value.