CarOffer answers every challenge dealers face in the market and equips them with the tools needed to thrive in a landscape of extreme competition and compressing margins.

Appraisal Win Ratios Average only 35%

Challenge
Dealers are “stealing trades” to compensate for anticipated wholesale loss on aging inventory. Impact cost the average store over $1 million of incremental retail revenue.
Solution
CarOffer gives an instant premium “Backstop” offer at the point of appraisal eliminating risks and allowing the dealership to offer top dollar on just about every trade. With over 1.5 million outstanding vehicle buy orders the platform allows the average dealer to lift appraisal win ratios by 25-30%.

50% of Pre-Owned Inventory is over 45 Days old

Challenge
Commoditized inventory sourced at Brick & Mortar auctions has lead to an aging and underwater inventory problem.
Solution
CarOffer gives every dealer the ability to have a guaranteed 45-day inventory turn at a set price. The set price allows dealers to implement different pricing strategies eliminating inventory water.

Race to the Bottom Culture

Challenge
Current acquisition and merchandising strategies incorporated by 78% of U.S. franchise dealers has led to the collapse of profit margins in both new and pre-owned operations.
Solution
A completely different approach allows dealers to trade for more vehicles decreasing dependence to purchase vehicles at auction. Trades are 150% more profitable and turn in half the time at purchased vehicles.

Costly subscription fees

Challenge
Dealers are paying $150k every year in monthly subscription fees for software they don’t need.
Solution
CarOffer has no subscription fees and consolidates six of the most commonly used software in automotive retail into one simple-to-use integrated platform.

45 Day Guaranteed Inventory Turn

Challenge
Dealers are only capable of buying and selling vehicles during business hours or at weekend auctions, limiting profitable turns and leading to aged inventory.
Solution
CarOffer gives two premium offers on every vehicle. The first allows the seller to liquidate immediately and the second is an offer that will expire in 45 days. A dealer can sell the vehicle at the 45 Day Guaranteed price any day between the first and 45th day solving a dealer’s aged inventory problem immediately.
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