Black Book and Drivably, an inventory acquisition platform, have announced the two will be entering into a partnership. Drivably will utilize Black Book's car information and data to help enrich their inventory system.
Black Book says that in helping dealers find the right inventory opportunities, Drivably bases its recommendations on criteria such as a dealer’s unique preferences, historical dealership performance data, individual market and valuation data.
Drivably automates the buying process to help dealers, who spend a great deal of time appraising, analyzing, and bidding on cars for their dealership.
Black Book says that by using Drivably’s platform, dealers can spend time on more important business-related activities while making more money from the cars they buy.
Black Book’s executive vice president of revenue Jared Kalfus said in a news release that valuation precision is an important aspect of inventory acquisition to get the most margin at the retail sale.
“Black Book’s data analytics and insights will power the recommendation model that results in the Drivably score, increasing profit potential for each dealer on the Drivably platform,” Kalfus said.
Read more here
Join us in Madrid, November 12-15 for the Global Online Marketplaces Summit.