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Vehiclestore.com and National City Introduce Dealer-To-Dealer Wholesale Automotive Site

by Staff
February 26, 2003
3 min to read


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

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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

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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,

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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

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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

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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

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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

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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

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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

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seller. Dealers can get additional information on the site or register at

www.VehicleStore.com.


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

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software and technology which assists automotive dealerships, financial

institutions, and related organizations. Their corporate Web site is

www.TacticalComputer.com.



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