LAWRENCEVILLE, Ga. – Black Book has signed a partnership agreement with AutoAlert, a data-mining and communication solution.
Under the agreement, Black Book will populate AutoAlert’s algorithms with the industry’s most accurate vehicle values, giving dealers precise pull-ahead and sales opportunities.
AutoAlert has long been a leader in dealer solutions for identifying high-quality sales opportunities, increasing gross margins and improving customer retention. With Black Book as its valuation partner, dealers will be able to maximize sales opportunities and profit potential in a variety of environments, such as trade valuations as well as during service and repair visits.
“Today’s dealership environment requires resources and partners that are trusted by automotive professionals, particularly in an effort to grow their business and maximize sales potential,” said Meg Stapleton, general manager and executive vice president of AutoAlert.
She added, “With the addition of Black Book, our dealer customers will have access to the industry’s most accurate vehicle valuation data, which can make a significant difference in elevating profit potential.”
“Data and equity mining are practices that are not necessarily new to the automotive world, but recently have become even more critical as dealers continue to find ways to maximize profits in light of a sales environment that has begun to plateau,” said Jared Kalfus, senior vice president of Black Book.
Kalfus added, “As such, dealers need the most accurate vehicle valuation data in order to effectively leverage all data practices, and we’re proud to know they can rely on Black Book to put them in the best possible position.”
Source: Black Book press release