All-new autoniq Wholesale Index™: Helping Dealers Make Data-Backed Buying Decisions
Do you find it challenging to keep track of an ever-changing wholesale marketplace? Given the current market conditions and constant fluctuations in inventory and demand, gauging the value of a vehicle is more complex than it’s ever been. That’s why it’s imperative to get the most accurate sales data to make the right decisions at the right time to protect your bottom line.
autoniq built its new digital tool called the autoniq Wholesale Index™ to help connect dealers to the latest wholesale data. The autoniq Wholesale Index empowers dealers to see an ‘at-a-glance’ summary view of the average wholesale price, condition grade, and mileage so you can better gauge the potential buy price. Beyond the summary view, buyers will get direct access to individual wholesale transactions at the trim level with condition grade and exact auction location to make more informed and rapid decisions when researching and bidding on vehicles.
The right way to wholesale
autoniq Wholesale Index, a new market report from autoniq, provides subscribers with direct access to auction data on vehicles sold at auction—both online and at physical locations. Data is refreshed daily and is comprised of ADESA and DealerBlock sales data for the last 90 days.
Here are the top 3 things you can do with Wholesale Index to stay up to speed with your localized wholesale market.
- Access recent wholesale transactions anywhere within 50 to 3,000 miles of your dealership.
- Gauge the potential sale price of specific make/model/trim combinations in an ever-changing market.
- Leverage additional data points (condition grade, exact auction location, odometer, style) to make faster and more informed decisions.
Get ahead of the competition
autoniq Wholesale Index is the right tool to help you find the most profitable used vehicles for your lot, based on your local market. Knowing the value of wholesale inventory is more challenging than ever, but with help of the autoniq Wholesale Index, you’ll get the edge you need to remain competitive and maximize returns.
Learn more about autoniq Wholesale Index, available by subscription on the autoniq app. Existing users can add autoniq Wholesale Index to their account by contacting support@autoniq.com. New users can sign up at autoniq.com/signup or by calling (866) 482-8421.
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autoniq® powers the leading source for vehicle history and pricing evaluation information, giving automotive dealers the confidence they need to make buying decisions for their business—all in one application. Dealers can scan VINs with a fast and accurate VIN scanner, browse available auction inventory at over 400 auctions and search for vehicles from mobile or desktop.