Cox Motor Group has deployed Indicata’s used automobile pricing platform throughout its eight franchised sellers to help used automobile development.
The sellers signify Honda, SEAT, VW, MG, and the Group’s Automart websites.
Geoff Stothert, Cox Motor Group’s gross sales director, mentioned: “We work on a 7-day technique of repricing inventory through the use of Indicata knowledge. It ensures we spend time reviewing each used automobile in inventory on a weekly foundation. It gives the gross sales workforce with numerous good high quality knowledge in simply two or three mouse clicks.
“It provides us the instruments to be proactive with pricing and promoting inventory and whereas it doesn’t cease the workforce utilizing different platforms or exterior info, Indicata powers the mainstay of our used automobile selections.
“For me, a 15-minute session using Indicata means I can access all the topline data I need quickly and efficiently.”
The 13 group websites utilise a inventory flip metric which at present averages at 9.0, with Indicata knowledge supporting the general goal of retaining stocking days in test.
VW and Honda are essentially the most in demand manufacturers throughout the group within the two to 5 years of age vary in the mean time.
Stothert mentioned: “EVs have been profitable for us – we’re seeing the demand enhance and our franchise manufacturers like MG, Honda and VW have helped educate all the enterprise about how they work and who’s prone to need to purchase one.
“Round 10% of our used inventory is now electrical and now we have additionally seen some success with electrical vans.
“These vans are often half the price of a diesel vehicle, and operators are canny – they are looking at ways they can onboard an electric van onto their fleet and save money.”
