A new tool announced by EpicVIN could help dealers predict how long their vehicles will remain on the lot — and at what price.
In a news release, the company said its Predictive Tool offers a forecast that can help dealers make more informed pricing decisions, based on how long a specific vehicle should remain on the dealership lot.
“Our tool has the potential to revolutionize the way dealers price and sell their vehicles. We are eager to hear feedback from dealers who use it and work together to create more valuable tools for their business,” said Alex Black, CMO at EpicVIN, in a statement.
The company is inviting dealers to try the tool for free and provide feedback.
EpicVIN also announced the launch of its newly redesigned reports which, again, helps dealers make more informed decisions — this time when considering the vehicles that they want to buy or sell. The report is now more dealer-oriented and user-friendly.
“EpicVIN is committed to helping dealers operate more efficiently and effectively by developing tools that address their daily challenges,” said the company in its news release.