How Many of 36 M Used Cars Sold by Dealers & Auctions in 2016 were Accurately Appraised?

Article Summary

Why does it Mat­ter? — Par­tic­u­lar­ly in the Last Quar­ter of 2017?

• Num­ber of inac­cu­rate­ly appraised was “Too Many”

• Mon­ey and time were lost as the indus­try searched

• More pre­cise process of valu­ing trade or inven­to­ry vehi­cles need­ed

Sig­nif­i­cance of the Need for Bet­ter Appraisal Tech­nol­o­gy:

• Deal­ers fac­ing more pres­sure to cor­rect­ly appraise cars.

• Indus­try issues like Recalls, VW, & declin­ing sales cause con­cern

• Econ fac­tors & con­sumer buy­ing behav­ior dri­ve rapid mar­ket changes.

• Indus­try needs more accu­rate appraisal process & tech­nol­o­gy

Learn how a new UC App is deliv­er­ing more accu­rate appraisals using com­bi­na­tion of algo­rithms and mar­ket val­ue experts



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