From the factory floor to the “phygital” showroom, the automotive industry is experiencing massive changes. International competition is fierce, the shift towards electric vehicles (EVs) is accelerating, and economic factors are squeezing margins.
In the face of these challenges, automotive original equipment manufacturers (OEMs), importers, retailers and captive finance companies are leveraging technology to navigate the marketplace and outperform competitors.
Value8 is a cutting-edge software solution designed to empower automotive businesses with real-time, data-driven insights for used car valuations, financing equity positions, and strategic decision making.
Current Industry Challenges
Automotive OEMs, importers, retailers and captive finance companies are dealing with several key issues:
- Accurate used car valuations: Getting precise, up-to-date valuations across diverse brands and international markets is a highly-complex, expensive and time-consuming process.
- Finance equity calculation: Determining the equity position of a used car against its finance contract can be a manual, error-prone task.
- Maximising sales opportunities: Identifying and acting on sales opportunities that arise from positive equity positions requires timely, actionable data.
- Data integration: Incorporating used car valuations and finance equity data into existing Customer Relationship Management (CRM) and Dealer Management Systems (DMS), while respecting customer data privacy and protection.
Our Solution: Value8
Value8 directly addresses these challenges, providing a comprehensive solution for used car valuations and finance equity calculations.
Our platform:
- Global reach: Value8 delivers accurate used car valuations for any brand and in any country, ensuring you always have the most up-to-date market information.
- Finance equity engine: Value8 automatically calculates the finance equity position of each vehicle, giving you a clear picture of potential sales opportunities.
- Integration: Value8 seamlessly integrates with existing CRM and DMS systems, optimising workflows in your current systems rather than putting additional interfaces on top. Value8 also ensures data is readily available for decision-making across all your systems.
- Cost-effective: Value8 offers an affordable alternative to complex and costly valuation solutions, making it accessible to organisations of all sizes.
Benefits for Automotive Companies
By implementing Value8, automotive businesses can:
- Boost sales: Identify and capitalise on vehicles with positive equity positions, increasing sales and customer satisfaction.
- Improve efficiency: Automate manual processes, saving time and reducing errors.
- Gain competitive advantage: Access to accurate, real-time data empowers your team to make informed decisions and stay ahead of the curve.
- Enhance customer experience: Provide your customers with transparent, data-driven insights into the value of their used cars and potential trade-in opportunities.
To discover how Value8 can revolutionise your sales processes and drive sales growth, we invite you to:
- Request a demo: See Value8 in action and experience its transformative potential firsthand.
- Contact our sales team: Get in touch with our experts to discuss how Value8 can be tailored to your specific needs.
Don't miss out on this game-changing technology.
Get in touch today and let Value8 empower your business.
Pieter Demaeght
Pieter leads our international team of automotive and mobility experts at ddx mobility, combining deep industry knowledge with technology and innovation. He brings 15+ years of international experience in Automotive and Financial Services, incl. BMW Group, BNP Paribas, Deutsche Börse and TD Bank.
pieter@ddxtransformation.com
Stephen Hebditch
Stephen is globally recognized for his expertise in the automotive industry and is an authority on customer retention. His journey has taken him through leadership roles at Porsche Finance, Rover Finance, BMW Group Head Office as Head of Customer Retention and Keyloop / FISC.
stephen@ddxtransformation.com
Let's start a conversation
If you’d like to know more about how ddx can help your business, or run a digital transformation assessment for your business, feel free to reach out to ddx.