Why It Works
Features & Benefits
Power At Your Fingertips
The tools you need, anytime, everywhere.
Connect to Buy
Connect with new sources to buy inventory.
The reduction in new vehicle sales and longer finance terms has created a shortage of late model pre-owned vehicles. Sourcing these vehicles for your customer and stocking your lot with the right product mix has become one of the largest challenges facing dealerships today.
Network to Sell
Network with motivated buyers to move trade-ins and aged inventory.
Network with motivated buyers to move trade-ins and aged inventory. Traditionally, dealers have been forced to rely on either a local wholesale connection or a physical auction to move aged and unwanted inventory. This is a time consuming and costly method to dispose of excess inventory.
Increase closing rates by maximizing trade-in values.
One of the hurdles for any automotive dealer is coming up with a value for a customer’s trade-in. This value must first; satisfy the customer and second; meet what is needed to put the deal together. Potentially, if this value is incorrect it can cause the deal to fall through as the customer is not satisfied with the trade-in value.
PowerBand Solutions provides a highly visible and transparent online auction with LiveNet. Your sales team works with the customer to create a comprehensive background for their vehicle (including images) which then gets posted to a live 20 minute auction.
PowerBand Solutions’ unique LiveNet appraisal and auction ensures that your customer see’s your evaluation process as not only fair and transparent but truly open market driven.
Improve Customer Experience
Transparent appraisal process to improve customer confidence.
Numerous government regulations have put the onus on the seller to provide complete disclosure to the buyer. Furthermore they have mandated specific information to be completed and made available to potential buyers on any vehicles the seller has available. Many dealerships today lack process for their sales staff to navigate the collection and presentation of this information and fail to obtain full disclosure on the vehicles they bring in on trade.
Standardized system and process leads to increased efficiencies.
Tracking documentation for completed appraisals and associated regulatory forms can be a challenge and costly at key moments during a vehicle transaction. Valuable documents and items that affect the resale of a trade are often forgotten at time of delivery.
Training and Support
Hands-on, process driven in-store training and support.
A system is only as effective as how much it’s utilized. How much a system is utilized depends directly on the people and their level of knowledge on how to use it.