CHICAGO, March 25, 2016 /PRNewswire/ -- DRIVIN, a premier, sourcing service that utilizes data to help find, acquire and deliver the right used vehicles to a dealer's lot, has today announced the nationwide launch of DRIVIN Insights*. Insights is a first-of-its-kind dealer tool that turns 100M data points into actionable stories for a dealer's lot and local market, based on consumer shopping trends, local market supply/demand, optimal inventory levels, and unique dealer behavior.
"DRIVIN Insights provides powerful, valuable, relevant metrics and analysis about a dealer's lot, local market and competition to help them make better decisions about their inventory and pricing strategies to achieve a more optimal lot," said Mahi Inampudi, VP of Product and Technology. "DRIVIN can then complete the process for dealer partners by finding and delivering the right vehicles directly to their dealership. We become an extension of their buying team."
As recently announced, Black Book powers the vehicle valuation service available within the tool. DRIVIN Insights in now available to dealer partners without a subscription fee. There are a limited number of memberships available per market, and the tool is available on a first-come, first-serve basis. Dealers interested in DRIVIN Insights can request access on a per market basis on the DRIVIN website.
"DRIVIN is truly disrupting the industry by helping dealers rethink their inventory strategy on the used-car side," said Mitch Golub, DRIVIN board member and investor. "Insights further demonstrates that focus by helping dealers select vehicles for their lot based on consumer demand, local market analysis and profit margins. This is not a one-size-fits-all market tool, but a personalized resource for dealers, combined with DRIVIN's high-touch service model."
DRIVIN is an exhibitor at the 2016 NADA Convention & Expo in Las Vegas next week, March 31 – April 3. Insights, as well as their new DRIVIN Mobile app, will be available at their booth, #2276C.
*DRIVIN Insights is currently patent-pending.
About DRIVIN
DRIVIN is redefining used vehicle sourcing by bringing data and technology together in a first-of-its-kind, high-touch fashion to help automotive dealers acquire the right used cars, at the right price, right now. Combining highly personalized service with cutting edge technology and local market analytics, DRIVIN casts a nationwide net to find and vet quality, front-line ready, whole-sale priced vehicles, and connect them with dealers all across the country. Launched in 2015, DRIVIN is powered by CarCo Technologies.
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