In Belgium and Luxembourg, Autorola offers dealers a guaranteed and correct purchase price, within 30 minutes, on the trade-in of the potential buyer’s vehicle. For customers who buy a vehicle with delivery time, the dealer can also call upon this new sales tool.
Based on their in-house developed software INDICATA, real-time data from the European used car market is collected, processed and analyzed. By combining this software with their remarketing expertise, Autorola Belgium can offer the dealer a guaranteed bid within 30 minutes for the acquisition of the potential’s buyer’s vehicle.
Autorola Belgium responds to the need for a ‘dealcloser’ for car sellers, in which restricted time and purchaseprice play a decisive role. For closing a deal, sales has to provide an immediate bid for trade-in, within the first showroom visit. With ‘the guaranteed 30 minutes takeover bid’ sales can provide a correct valuation, which increases the chance of success on sales. Both customers and vendors will profit of the direct valuation and guaranteed takeover bid.
Trade-in price often ‘dealcloser’
We see that the number of showroom visits has reduced, from 4,5 times in 2008 to 1,3 visits in 2019. In addition, the consumer is much better informed (internet) and knows exactly which car they wish to purchase. For vendors it’s a big challenge to get a signed order in the showroom. In many cases a correct purchase price for the current car is the ‘dealcloser’. With ‘the guaranteed takeover bid’ Autorola Belgium now offers them the ideal tool.
Many trade-in vehicles go to a third party or are taken over in-house. The throughput time is at least 48 hours. This is detrimental to the chance of closing the deal. The guaranteed bid within 30 minutes is pure profit for every vendor.