Dealer Query - Is Anyone Using VinSolutions?

If anyone on this forum is using VinSolutions, would you mind contacting me? I had some questions about their services and am in need of some help.

Tags: dealer, inventory, manager, vinsolutions

▶ Reply to This

Replies to This ADM Discussion

Permalink Reply by Dwayne Shirley on December 2, 2008 at 1:00pm: Randall, yes I have used VinSolutions at the last 2 dealerships. I can't see myself using anyone else. Tje system itself is great, but the people make the difference. Anytime I have had a question or an idea to make it better, they have always been there. Please feel free to email me at dshirley@saturnofnorthtexas.com or call my cell at 972.342.8396; ▶ Reply to This

Permalink Reply by Matt Watson on December 2, 2008 at 1:41pm: I've heard of them...; ▶ Reply to This

Permalink Reply by Dwayne Shirley on December 4, 2008 at 1:24pm: Randall, I just checked a beta Market Pricing program that VinSolutions is testing. It's kinda like a mini vAuto. Tells you how your car is priced in the marketplace. Really helpful in pricing cars to sell quicker.; ▶ Reply to This

Permalink Reply by Matt Watson on December 4, 2008 at 1:47pm: Market pricing, KBB, and NADA all together. Black book coming soon.; ▶ Reply to This

Permalink Reply by Randall Prince on December 4, 2008 at 11:18pm: What's the black book? Also, do you mind if I email you as well? I had another question about them regarding contact information. Thanks thus far to all who have posted. VERY interesting info!; ▶ Reply to This

Permalink Reply by Matt Watson on December 5, 2008 at 6:05am: Sure you can email me; ▶ Reply to This

Permalink Reply by Brian Ferris on December 19, 2008 at 8:51am: The market has no memory. Yesterdays price is todays history. The only way to establish true fair market value for any high volume commodity is by using a real-time trading exchange where anyone can play. Blue books, black books, or any other color book is just a history book, not a reliable forecast of future value.; ▶ Reply to This

Permalink Reply by Matt Watson on December 19, 2008 at 9:01am: That's why everyone these days offers live market view of used car pricing to go along with the book values.; ▶ Reply to This

Permalink Reply by Brian Ferris on December 19, 2008 at 9:12am: For any market to be truly "live" it must be interactive trading like a NASDAQ stock market, not simply between 2 parties on a showroom floor but between many players simultaneously. (unless its electronic on the Internet this would not be possible). I only know of one such auto marketplace but I would be pleased to see any other interesting sites you have in mind.; ▶ Reply to This

Permalink Reply by Matt Watson on December 19, 2008 at 9:15am: Sounds like an auto auction to me.

ebay, manheim OVE, and others...; ▶ Reply to This

Permalink Reply by Brian Ferris on December 19, 2008 at 9:21am: Nope. none of those. An auto auction lot has essentially only one seller and more than one buyer (to work). True fair market value can only be established when you have many buyers and many sellers competing simultaneously in real-time. 'And even then the value is only good until the next identical product is sold. That's why you need to be looking at a live trading screen just before you buy, trade or sell.; ▶ Reply to This

Permalink Reply by Chris Hanson on December 19, 2008 at 10:09am: Hey Brian, I think you took Matts comment "live" too literal :-)

He is getting at....If I look at all of the cars currently in my market area and surrounding area, what they are currently being retailed for and how long they have been selling online (which is where everyone is), plus look at what they are selling for at the auction (which of course is valuable information which is why everyone uses the "books"), its going to give me an "inside" into the market more than ever before.

Looking at the data of all the cars currently being retailed online has truly changed how dealers do business. And the great part is, I can use it to adjust prices today, tomorrow and a week from now. Why? Because prices change and as they change, I will know.

I can adjust my price to "slip" into any pricing position I want. If I want to be ranked price wise in the middle, it will tell me where I need to be at. Priced the lowest, etc.

You should take a look at one of these tools, they are very cool.; ▶ Reply to This

RSS

Welcome to
Automotive Digital Marketing Professional Community (ADM) IMPORTANT: Please take the time to send an email to mail@automotivedigitalmarketing.com and after sending it, go to sent messages folder, open that same message and "right click" on the email address (in Outlook). Then select "Add To Outlook Contacts" to save in your address book... Otherwise, messages from ADM will end up in your "Junk Mail" folder. In 24 hours, open your Junk Mail folder and look for any messages from ADM... If any, then "Right Click" on the message, select "Junk Mail", then select "Add Sender's Domain to Safe Sender List" so that you will get your notifications, message alerts, invites, etc.

Sign Up
or Sign In

ADM is a network of Car Dealers, Automotive Marketing and Advertising Professionals sharing their best Internet sales strategies and tactics