For a used vehicle dealership, it is important to speed up sales pricing and simplify dealership management in order to maintain velocity of sales and inventory turns. TÜV SÜD developed two web-based tools that help you add value to your sales processes and enhance your revenue margins.
CGP Preistool enables customers to determine market-appropriate purchase and sales prices quickly and easily—giving them an accurate basis for standardised, micro-market-oriented used car prices.
This tool potentially reduces the entire pricing process by 75 per cent to only 10 minutes in a five-step process:
Step 1: The vehicle data is entered into the system, or the DAT/Eurotax assessment is sent to the Price Tool via e-mail
Step 2: The CGP Pricetool automates the price calculation
Step 3: The price recommendation, along with ready-to-use price tags, are sent to you via e-mail
Step 4: Attach the price tag on the used vehicle
Step 5: The vehicle data will be automatically scanned again after 30 days, and the system will identify market fluctuations and to recommend a corresponding price adjustment where necessary
The National Used Car Monitoring System (NUMoS) provides users with a comprehensive overview of the financial situation of their used vehicle division. This tool delivers a thorough analysis of all relevant key performance indicators (KPI) that will help you achieve financial transparency and a more professionalised management.
NUMoS also offers customers the flexibility to individually adjust the analysis parameters in order to match their exact business requirements for continued business success.
Your benefits at a glance
Increase revenue margins through faster pricing and financial transparency to help maintain the velocity of sales and inventory turns.
Sharpen your competitive edge by optimising your used vehicle portfolio.
Improve business efficiency when you gain more time to focus on your core business, and keep abreast of the most important and up-to-date KPIs of your company