The Vehicle Analysis allows a more comprehensive price strategy break-down into each vehicle in your inventory showing the Stock No. & Rego (3), Vehicle Description, Odometer, EGC (Ex-Government Charges) price, the percentage of the EGC price compared to the national average and how the vehicle sits compared to this, Price Rank against comparative models, Market Days Supply (See Glossary), and Days in Inventory.
If you have a Cox Automotive website (Self or Fully Managed), you will also see to the right of these columns how many views each vehicle has had, as well as the enquiries that vehicle has generated. Also, if you have our Sales Highway product, you will also see how many Leads each vehicle has accumulated.
By using the filters above this section, you can focus on a specific area (i.e. 31-60 days) of your inventory to assist in making a more informed decision about your pricing strategy per vehicle. You can also download the data via CSV file in the top right corner.
When you click on a vehicle in Vehicle Analysis, on the left you will see an Image of the vehicle with the ability to review all the images using the arrows. On the right the Vehicle Summary window shows the Make, Model and Variant details, as well as the EGC Price, Odometer, Days in Inventory, Price Rank and Market Days Supply for the vehicle with the Market Averages underneath these values for your comparison. It also shows the Kelley Blue Book® Typical Dealer Asking Price and Typical Dealer Asking Range for the vehicle as well, providing you with the odometer adjusted valuation for your selected vehicle.
If you click the Filter button, it allows you to add multiple locations or use a radius search by entering a suburb or postcode and selecting the distance of your radius for your market comparisons. There is also a toggle to show Delisted Vehicles over a specific date range to give further detail to your comparisons. You can also update the Vehicle Matching toggles allowing you to broaden your Competitive Set results, by selecting or deselecting to match on Year, Series, Badge, Body Type, Engine Capacity, Transmission, Drive Type and Fuel Type.
Next to the Filter button is a View National toggle, that will update the information for that vehicle and the vehicles in the Competitive Set to include all vehicles available or delisted in Australia. If you have Australia as your location in the Settings menu, this toggle will always be on when selecting a vehicle.
The Market Summary window shows the quantity in the state and nationally, as well as the Listings Tracker which gives you the Market trend of how many vehicles of that Make, Model and Year have been Active or Delisted over the last
six-month period.
Filters by Radius Search and by Postcode shown below:
Comments
0 comments
Please sign in to leave a comment.