Black Book integrates API values & inventory pricing into Carsfast
Not long after naming Kenny McDonald as its general manager, Carsfast — a startup dealership driven by artificial intelligence — formed a relationship with Black Book.
Black Book recently announced the integration of its used API values and inventory pricing into Carsfast, which provides a contactless service that allows consumers to shop and get financed for thousands of vehicles from their cellphones.
Currently, Carsfast is running through a suite of six different finance companies and is live in three states: Arizona, Texas and Illinois.
Carsfast’s artificial intelligence technology can communicate to consumers based on their needs and preferences matching shoppers with a range of vehicles that suit their personal and financial circumstances. Vehicles can be directly delivered straight to the consumer’s door or picked up from a partner dealer at any time that suits their needs.
“Black Book’s integrated VIN specific valuation and vehicle decoding data helps to power the Carsfast decision engine, that is utilized in the acquisition of appraisals, as well as inventory pricing,” Black Book executive vice president of revenue Jared Kalfus said in a news release.
“That data allows car buyers simple and efficient transactions and relieves them from the pressure of the typical sales cycle,” Kalfus continued.
Carsfast is geared to drive consumers from the top of the funnel through to delivery of the vehicle, providing consumers with an easy, transparent and personalized service.
“With the integration of Black Book’s data, we can precisely generate a list of pre-approved vehicles through our AI and decision engine,” Carsfast chief executive officer Shaun Sumaru said.
“Carsfast is like ‘texting a friend.’ Our buyers state exactly what they want instead of trawling through limited classifieds,” Sumaru continued. “We provide our customers a simple service to buying a car directly through their cellphones.”