McLEAN, Va. -

Dealers looking to better manage their pre-owned inventories have a new tool to use, in the form of a recently-announced market pricing product for used vehicles.

This week, Dealer Wizard announced that it has added the National Automobile Dealers Association’s AppraisalPRO software as a standard feature to help its dealer clients improve the management of their used-vehicle inventories.

Ross Bauer, director of dealer services and partner with Dealer Wizard, said, “The NADA Used Car Guide is the standard bearer in the industry. We trust how NADA represents the automotive business, especially for industry data and trend information. Associating with NADA adds instant credibility to any product.”

With NADA’s AppraisalPRO integrated into Dealer Wizard’s portfolio of online tools, dealers using the product can make fast, fair appraisals either online or by smartphone, the company said, with market data provided from six industry-leading sources.

All current and future clients of Dealer Wizard will be trained to use the NADA AppraisalPRO application by representatives from both companies, officials said.

“NADA’s integration with Dealer Wizard’s online platforms will provide its clients access to the most accurate, used-vehicle data available in the industry all in one place quickly,” added Mike Stanton, vice president and chief operating officer of the NADA Used Car Guide.