NADA Used Car Guide launches NADA Values Online
NADA Used Car Guide today announced the launch of NADA Values Online.
The NADA Values Online product, formerly known as NADA online, offers additional features and as well as new pricing guidance.
"The replacement of NADA Online with the NADA Values Online product means our business-to-business customers will have powerful new features that make the vehicle valuation process even more insightful and efficient," said Mike Stanton, vice president and chief operating officer of NADA Used Car Guide.
The addition of new-vehicle values, "…completes the valuation picture," said Stanton.
The tool provides a full suite of pricing guidance, including information on new-vehicle and auction values (low, average, high), trade-in (rough, average, clean), clean loan and clean retail values for used passenger cars and light-duty trucks.
Management at NADA UCG explained that the new-vehicle values pricing guidance is presented as an “insightful value estimation range.” And the range of low, average and high values is based on actual market transactions and market influences.
“New vehicle values are provided as a range because the aforementioned factors cause price variations in the new vehicle market,” NADA UCG shared.
NADA Values online users will be privy to the following:
- New-vehicle values for new vehicle pricing guidance
- Inventory valuation for saving and easily updating vehicle valuations
- Vehicle valuation trends for quick insight into wholesale and retail transactions
- Custom reporting that lets you select the data that best fits the deal
- Typically equipped MSRP for practical value comparisons
- A more intuitive design that displays vehicle info and photos clearly and simply
See here to check out the new tool.