Is Your Online Pricing Competitive?
LiveMarket is a suite of online tools that provides evolutionary market analysis allowing you to price, appraise and stock vehicles using the competitive market, quickly and accurately, arming you with all the relevant information at your finger tips to keep a step ahead of your competition and on equal footing with your customers.
News
LiveMarket Interactive Training released.. Full article
May 2010
Delisted Vehicle report.. Full article
May 2010
DataMotive Launches the LiveMarket Used Vehicle Pricing Tool for Dealers.. Full article
October 2009
Resources
Media commentary from dealers in the US using similar technology.
Finish Line Ford, Peoria, IL - went from 50-70 used cars per month to over 300 in 18 months
July 2009, Digital Dealer
"...study the market on what we should be paying, retail absorption, also on what we should be paying wholesale and, of course, studying the market to know where we have to be price wise to remain competitive...we used the price-metrics of it to understand where we had to be and spent a lot of time developing our Internet strategy...we look at the days supply of cars before we buy, so we know about how long it's going to take and what price band we have to be at to sell those cars...we don't buy cars without an exit strategy, knowing what we should do if that car doesn't sell"
Henry Chevrolet, Henry, IL
August 2008, Wards Dealer Business
"...new technology that uses live market view to track and report vehicle valuations, supply and demand in real time...such real-time tracking means dealers can avoid getting caught with vehicles whose values no longer reflect market value... by using the system, he saw retail prices fall $1,300 in his market in one day. With this knowledge, he took vehicles back to the auction that he purchased just the day before... I truly felt like I had an unfair advantage"
Paragon Honda, New York City - sold 1,542 certified used Honda cars and trucks in 2007, more then any other US dealership
February 2008, Automotive News
"...competitive data helped price his dealership's own used cars and trucks to sell quickly and profitably...we were No. 2 in Honda certified sales in 2006, so it's not like we were asleep...but with this tool, we were able to have a substantial increase in the good result we had the year before...when supply outpaces demand, you have to price the vehicle aggressively...you don't have to be the lowest, but if you're among the highest, your chances of being on shoppers' short list is reduced...determine which makes and models are selling in their markets and for how much"
Want more information?
- Click here to schedule a LIVE online demo of LiveMarket
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Real time stock reporting and analysis
