John Russo, vice president of Tactical
Computer Company, announced the debut of a new online wholesale automotive marketplace for vehicle dealers, wholesalers and lenders. According to the company, the
Internet site is an enhanced classified directory, which will feature
thousands of vehicles from dealers, lenders, and remarketing companies all
over the United States.
In the Midwest, National City Corporation, one of the nation's 10 largest banks, will be posting thousands of
their off-lease, repossessed and recreational vehicles to the site. National City will also be promoting the site to their network of 3,200
dealers, in order to leverage the benefits of the site.
"VehicleStore.com was the perfect counterpart to our efforts to
connect thousands of dealers with our used vehicle inventory," said Greg
Jelinek, executive vice president at National City. "The benefits and
savings to dealers are well beyond what any other auction, online or off,
can offer."
According to a 2002 survey by the National Independent Auto Dealer
Association, used vehicle dealers are buying 70 percent of their new and used
vehicles from online and local auctions. Unlike some online auto auctions,
VehicleStore.com is only open to authorized auto dealers and does not charge
any registration or buyer fees to dealers seeking to purchase vehicles, says the company.
The company says for
a base monthly charge of $399 dealers can upload and sell an unlimited
number of vehicles. VehicleStore.com offers savings to dealers
accustomed to paying thousands of dollars each month in seller's fees for
vehicles purchased at traditional and online auto auctions. Here, fees are
only charged to dealers and other participants that want to sell vehicles on
the site.
According to the company, a user-friendly inventory entry system allows dealership staff to
upload vehicle information along with eight to ten photographs in a matter
of minutes. Selling dealers also have the ability to export their inventory
from VehicleStore.com to other retail automotive Web sites for no additional
expense.
"We wanted to develop a simple and cost effective way for dealers to sell
their excess inventory," said John Russo. He continued, "By providing the
functionality of a classified site with easy navigational tools, dealers
have a new source to locate specific types of cars and trucks quickly and
buy just the right vehicles for their inventory. Our partnership with
National City will add an additional 5,000 vehicles to the site by midyear
and provides the marketing muscle of the bank's sales staff calling on their
3,200 member dealer network."
Additional functionality including maps and driving directions are included
with each vehicle listing. While there is an asking price, buyers have the
ability to make a counter-offer online and can view previous offers that
were declined by the seller. This feature saves time for the buyer and the
seller. Dealers can get additional information on the site or register at
About Tactical Computer
Tactical Computer is based in North Olmsted, Ohio and has been providing
software solutions for large and small companies since 1984. They focus on
software and technology which assists automotive dealerships, financial
institutions, and related organizations. Their corporate Web site is
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