Used car data upgrade offers deeper insights
Indicata has upgraded its used car data platform to help dealers price vehicles more accurately.
The new functionality enables dealers to view car prices split by seller type, filtering between franchised and independent stock on the platform where prices can vary by up to 10% on an identical car.
Previously dealers were only able to price used cars against the whole market.
Dean Merritt, Indicata UK head of sales, said: “We have developed this feature over a few months in response to requests from our franchised dealer clients, however independent dealers have already welcomed the option too.
“Comparing used car prices on a like-for-like basis provides dealers with enhanced accuracy. This ensures prices are competitive when up against their local or national competition.”
Indicata processes and records over 750,000 used car prices every day in the UK which allows dealers to price their used cars in real time.
