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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