Transforming Dealerships: The Future of Trade-In with AI
Innovative AI Platform for Car Dealerships
inride, a trailblazer in the consumer-to-dealer automotive marketplace, is thrilled to announce the launch of its groundbreaking platform, Trade Agent AI. This pioneering technology is designed to assist car dealerships in identifying previously hidden trade-in and purchase opportunities directly from their existing customer databases.
Revolutionizing the Retail Auto Sector
For the first time, the retail auto industry will experience the benefits of a fully autonomous AI agent. Trade Agent AI operates without human intervention, proactively reaching out to vehicle owners to estimate trade-in values and schedule appointments. This advancement allows dealerships to effectively tap into the dormant potential of their databases.
A Word from the CEO
Nick Perdikis, CEO of inride, emphasizes the importance of this tool, stating, "Every VIN is a trade. Trade Agent AI finds it first. Dealers are sitting on a goldmine inside their database, and this innovative AI solution quickly turns potential leads into profit." According to Perdikis, the platform is capable of mining valuable data and converting it into immediate financial gains for dealerships.
Dealer Insights and Impact
Alex Perdikis, an auto dealer, acknowledges the significant benefit of Trade Agent AI, stating, "As a dealer, I know the pain points in our industry. This AI provides assurance that we are exploring every opportunity. It operates consistently, allowing us to elevate our follow-up process and capitalize on trade-ins before they go to competitors like CarMax or Carvana. It’s truly transformative." He notes that each trade-in from their database can yield over $2,500 more in gross profit compared to auction units.
Features that Stand Out
Trade Agent AI boasts a range of key features that enhance its utility for dealerships:
- Agentic Automation: The AI carries out outreach, follow-ups, value calculations, and appointment setting with no reliance on scripts or templates.
- Managed Service: This solution is fully cloud-hosted, relieving the dealership team of technical burdens.
- Proprietary VIN Valuation: Real-time market data is used to generate immediate trade-in values and engage vehicle owners.
- CRM Integration: Trade Agent AI integrates seamlessly with the dealer's dealership management system for efficiency and compliance.
- Text Compliance: The platform includes built-in compliance features to mitigate risks while ensuring safe customer engagement.
- White Label Options: The service can be fully branded under the dealership’s name, providing a personalized touch.
Launch Offer and Revenue Model
Trade Agent AI is launching with a dealer setup fee of $495 and a monthly SaaS license priced at $2,995. Early adopters, the first 50 dealers, will be able to take advantage of a special Founder's Pricing at just $1,495 per month, eliminating long-term commitments.
This innovative platform requires minimal human involvement, thus enabling dealership groups, regardless of size, to enhance their used car acquisition strategy without the need to expand their business development center.
Maximizing Returns on Investments
Research reveals that dealerships engaging existing customers with trade-ins can achieve substantial profits, generating between $2,000 and $3,000 more in gross profit compared to customers acquired through conquest. By utilizing Trade Agent AI’s capabilities, dealers can automate engagement with high-ROI channels that are often neglected.
Availability and Getting Started
Dealerships can now begin onboarding with Trade Agent AI. To request a demo and secure the Founder's Pricing, interested parties can visit inrideapp.ai. Dealers are encouraged to act quickly to secure this exclusive offer.
Frequently Asked Questions
What is Trade Agent AI?
Trade Agent AI is an innovative platform designed to help car dealerships uncover hidden trade-in opportunities from their customer databases.
How does Trade Agent AI benefit dealerships?
By automating outreach and appointment setting, dealerships can capitalize on trade-in potential more efficiently, increasing their gross profit.
What is the cost of implementing Trade Agent AI?
The initial setup fee is $495, with an ongoing monthly license of $2,995, and a special Founder's Pricing available for the first 50 dealers.
Is Trade Agent AI user-friendly?
Yes, the platform is designed to integrate with existing systems without adding technical burdens to dealership teams, making it user-friendly and efficient.
Where can I learn more about Trade Agent AI?
For more information, you can visit inrideapp.ai to request a demo and inquire about the Founder's Pricing.
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