Pearl Technology’s hang tags sync with the dealer’s Internet pricing feeds and update the physical vehicle pricing. Features also include pre-scheduled and real-time floorplan checks, battery monitoring, and engine auto-start from a smartphone or central portal.
The kbb.com redesign includes a pricing range for each vehicle make and model, as well as dealership microsites. Officials say customers are more likely to pay at or above fair purchase price for a vehicle once they view the Kelley Blue Book fair price range.
Family First Dealer Services is now offering a four-tier 4T GAP program that touts a 73- to 76-month term band.
The expanded service will help dealers keep tabs on pricing changes related to specialty market vehicles, as well as alert them to pricing changes due to abnormal weather conditions and other unforeseen factors.
RedBumper’s new SmartPrice tool will automatically adjust retail prices by analyzing market supply and demand in real time.
The March 2011 Japanese disaster resulted in a nearly 6 percent jump in new-vehicle pricing for vehicles like the Honda Fit, according to ALG, a subsidiary of TrueCar Inc.
A white paper issued by Pike Research revealed that many potential buyers will hold off on purchases of electric vehicles during 2012 due to the premium pricing of the vehicles.
The editor offers a few excerpts from his conversation with TrueCar founder Scott Painter.
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