Auction Genius Launches Auction Software
Auction Genius announced the launch of its web-based software solution for auto dealers buying vehicles at auction.
LONGMONT, Colo. — Auction Genius announced the launch of its web-based software solution for auto dealers buying vehicles at auction. The system provides streamlined access to critical information, allowing dealers to make faster and better “buy decisions” on auction vehicles, according to the company.
“The profitability of many auto dealers rests on their ability to buy pre-owned vehicles substantially below their retail selling price,” said Todd Kinzle, president of Auction Genius. “If they pay too much their profit disappears. The components we package in a simple, combined screen view allow dealers to quickly evaluate more vehicles in less time and participate in more auctions.”
The software currently integrates with CARFAX, AutoCheck, NADA Guide Book, Black Book, Kelley Blue Book, Galves, Manheim Simulcast, OVE.com, Manheim PowerSearch, ADESA LiveBlock and ADESA DealerBlock. More sources are currently in development, according to the company.
Auction Genius will be at the 2012 NADA Convention and Expo in Las Vegas (Feb. 4-6), where dealers can see demonstrations of the service at Booth No. 13673. For more information, visit http://auctiongenius.net.
More Digital
AI: Facilitator, Not Fixer, in F&I
The dealerships that thrive in the years ahead will be those that embrace technology while continuing to invest in the people who make customer interactions count.
Read More →
Simple But Effective Hacking Surges
Data from the past year at U.S. auto dealerships finds that email and identity phishing are growing threat sources that can dispense with malware by exploiting trust.
Read More →
The Future of Car Dealerships
Artificial intelligence is reshaping the service-drive experience and will help retailers stay competitive.
Read More →
Structure Leads to Optimized Auto Listings
As the average car-buying journey has shifted to a blend of digital and retail, a dealership’s vehicle listings must be optimized to answer shoppers’ questions clearly and accurately.
Read More →
Real Intelligence
AI, though it presents many opportunities for productivity, efficiency and more, isn’t a one-for-one stand-in for people. It can augment human capital but not replace it altogether.
Read More →
Zurich Launches Advisor IQ for F&I Manager Coaching
The new platform uses real transaction data and artificial intelligence-driven insights to help car dealerships improve consistency and performance.
Read More →
F&I in the Digital Age
Digital retailing has not made the F&I manager obsolete. If anything, it has revealed how valuable the role can become when technology is used correctly.
Read More →
Need for Speed: EV Apps Lack Consistency
Fifty-five percent of surveyed EV owners said their mobile applications had a major or moderate impact on their purchasing decisions, but connectivity issues remain a problem.
Read More →
Four Keys to Your Digital Trail Defense
Federal regulators are cracking down on hidden fees. This protective measure could mean the difference between winning and losing a lawsuit or surviving a duel with the Dark Side.
Read More →
Hyundai Hosts Tech Talent Forum
Technology leaders from Hyundai Motor Group will have open discussions at the inaugural HMG Tech Talent Forum on topics ranging from autonomous driving to 'smart' manufacturing.
Read More →