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Autofinity launches new tool to aggregate vendor stock

Autofinity has launched ViSOURCE, a tool to aggregate wholesale vendor stock and information to provide buyers with an extensive view of the used car market.

ViHUB enables automotive retailers to pool vehicle data, automatically populate online marketplaces and manage stock with up-to-date inventory details.

CEO Andy Whitehair said: “Used car buyers within franchised and independent retailers source used cars from a variety of vendors each operating their own platforms with their own page displays, descriptions and rating systems.

“ViSOURCE has been designed to aggregate all this data into one system making it easy to compare vehicles, prices, spec and condition. Retailers can very quickly understand pricing, desirability and potential margin to make the trade purchase process far more streamlined, efficient and cost effective.

“Currently, used car buyers who want to compare vehicles for sale with different vendors are reliant on downloading information and putting everything into spreadsheets because different vendor systems understandably are not integrated.”

Integration with Auto Trader Connect allows desirability index to be overlayed on each vehicle to help buyers select the best vehicles at the right price for their forecourts.

This removes the need to switch through tabs or scrolling through information across various disconnected platforms.

Whitehair added: “ViSOURCE is another tool to overcome the daily issues of multiple systems dealers require sometimes to just undertake what should be a relatively straightforward task for seasoned used car buyers – selecting and buying the best product at the most competitive price.”

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