FARMINGTON HILLS, Mich. — RouteOne LLC announced that more than 10,000 dealers are now subscribed to its Vehicle Values tool since the product's launch in late 2006. The Vehicle Value tool is integrated with values from the NADA Official Used Car Guide and Black Book. Kelley Blue Book is scheduled for availability in the second half of 2008.
The Vehicle Values tool allows dealers to precisely and quickly obtain used-vehicle values during RouteOne's online credit application process. The information available to subscribing dealers and finance sources includes NADA and Black Book base values, as well as adjustments for mileage and optional accessories.
The dealer can value a vehicle independently using the online Vehicle Values tool, and then seamlessly transfer all the information about the vehicle and its value to a RouteOne credit application. Subscribing finance sources may receive the same information in automated fashion, improving their level of efficiency by avoiding the need for a manual lookup. This tool allows dealers and finance sources to speak the same language — improving communication, enabling better valuation and ultimately improving sales of vehicles and financing.
"The volume of subscribing dealers keeps rising, proving that our dealers find great value in this service," said Mike Jurecki, RouteOne CEO. "It's important to us to provide our dealers low-cost, value-added tools that help them streamline their F&I processes and more easily book deals."