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What's Your Dealership's Experience w/ Trade-in Valuation Tools? TradePending;KBB ICO;Accu-Trade; Trade-in Valet; etc.

flukes

Green Pea
Oct 14, 2020
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Paul
  • Interested to hear what has your experience been with the different solutions?
    • What do they give you?
  • What are you paying for them?
    • Is that a flat fee for the software or does it go up and down depending on how many consumers use it?
As I've spoken to dealerships and some of the vendors in the space it's been interesting to hear opinions - I have nothing to sell - just curious what your experience has been. Thanks
 
It's been a while since your post, but I wanted to offer some insight. I've tried several solutions, and my experience has been mixed. Some software comes with a flat fee, which is excellent for budgeting, but others vary based on usage, which can get pricey. The value you get depends on what you're looking for—some offer robust analytics and customization, while others are more basic.
 
I saw your post while looking for something and have some experience with trade-in valuation tools. They can be pretty helpful, but it depends on what you’re looking for. Tools like KBB ICO and Accu-Trade give you a solid baseline, but I’ve noticed they can sometimes feel a bit off, especially with older cars or unique models. TradePending and Trade-in Valet are a bit more user-friendly, in my opinion, and seem to align more closely with what buyers and dealerships are expecting. However, getting multiple quotes is always a good idea to see where things stand. If you’re looking for a tool that works well with your dealership’s needs, I recommend visiting https://immediateedgeapp.org/ for a more comprehensive solution.
 
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