I am trying to get an idea of which Inventory Management Software I should use. Any suggestions?
I would suggest looking at vAuto as well. They are by far the market leader for inventory pricing and stocking tools.
Would you be saying that if Autotrader hadn't bought both VinSolutions and vAuto recently? I recall you not speaking about vAuto this nicely in the past. And isn't HomeNet a sister company of yours now too?
Anyway, Mike, I just wanted to put a little transparency around Matt Watson.
He is technically correct about one point: FirstLook and HomeNet do not do the same thing. HomeNet is what I would call an inventory merchandising tool and FirstLook is an inventory pricing/stocking tool. It isn't a bad idea to look for both solutions, but not try to compare the two. You're going to have a hard time finding a single tool that does both of these things well.
vAuto has always had a better market pricing tool than VinSolutions. They also have a stocking tool, advanced reporting, auction integration and other things that we don't have at all. I would have never said ours was better. We provide a basic bookout and market pricing tool, which is enough for some dealers but not nearly as sophisticated as vAuto.