DriveItAway says that through the partnership, DriveItAway gig economy app users now have access to specific vehicle detailed valuation, pricing and sales history on all used vehicles.
Dealers can now immediately “wholetail” or rent a vehicle to a mass of retail buyers, to turn trades “at the curb,” or aged inventory, to more than just wholesale buyers.
The company said that for the attraction and “quick transaction decisioning” for what it describes as the massive market of gig economy drivers and renters, DriveItAway app users will have access to full transparent information on all used vehicles for sale or rent.
That includes the additions/deductions for specific attributes, such as mileage, color, and nicks and dents. DriveItAway describes that access as “an industry first.”
The company explains that unlike non-gig economy drivers, that clearly defined information does not necessarily detract from a sale. That is because those vehicles, at least in part, are purchased or rented for their income-producing attributes.
“In this case, an educated consumer is truly a dealer’s best customer,” DriveItAway stated in news release.
DriveItAway chief executive officer and founder John Possumato said his company’s announcement marks a historic occasion as a new tool for dealers to fight what he describes as “profit compression,” in their choice for immediate vehicle sale or rental opportunities.
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