DALLAS — DealerSocket has added Single Page Appraisal, a feature of its Inventory+ software designed to enable dealers to quickly appraise and competitively price a vehicle to ensure they are stocking the right inventory for their dealership, the company announced.
The company has also upgraded Inventory+’s Ideal Inventory Model with new artificial intelligence and machine learning capabilities, said DealerSocket’s Steven Meeker, the platform’s general manager.
“Saving time and having the right data are very important for our dealers, and DealerSocket’s Single Page Appraisal for Inventory+ and our new IIM capabilities empower our customers to do both,” Meeker said. “… Our new Single Page Appraisal makes it easier for dealers to arrive at actual cash value (ACV) quickly and our IIM upgrades help them gain prescriptive pricing recommendations and profitability confidence score on recommended vehicles.”
Originally posted on Auto Dealer Today