LONDON, Ontario -

A new algorithm from Mobials Inc. calculates the value of consumers’ trade-in vehicles.  

Now, Mobials, which is the parent company of AutoVerify, is looking for U.S. dealers to beta-test the algorithm. Once Mobials launches the algorithm, every U.S.-based dealer signing up for the beta test will receive 12 months of free use. Mobials develops, markets, and sells digital retailing products to the automotive and real estate industries. 

AutoVerify president Marty Meadows said his company’s data science team created the algorithm after receiving dealer requests.

“We wanted them to have the opportunity to choose which data source their customers pull values from,” Meadows said in a news release. “AutoVerify didn’t have that option, so we built it, and we’re excited to test it in the United States.”

By acting as a research assistant for car buyers, integrating with dealership websites and answering common consumer questions during their pre-purchase research, AutoVerify brings credit-qualified leads to dealers.

Dealers interested in participating in the beta-test can sign up here.