Velocity Automotive Solutions provides a dealership software platform that integrates vehicle appraisal tools, diagnostic data, and inventory management to enhance the buying and selling process. This technology enables dealers to make informed purchasing decisions and maximize profits by streamlining operations from vehicle recon to retail.
Funding
Funding not disclosed
Founders
Product
Problem
Dealerships often lack integrated software solutions for accurately appraising vehicles, managing inventory, and leveraging diagnostic data to maximize profits. Inefficient workflows from vehicle acquisition to retail can lead to lost revenue and reduced customer satisfaction.
Solution
Velocity Automotive Solutions provides a comprehensive software platform that streamlines the entire vehicle lifecycle for dealerships, from appraisal to retail. The platform integrates vehicle valuation tools, diagnostic information, OEM window stickers, and digital vehicle portfolios to enhance transparency and build buyer confidence. By connecting recon operations to retail sales, Velocity Automotive enables dealerships to make informed purchasing decisions, expedite service processes, and maximize profitability. The platform integrates with existing CRM, DMS, and IMS systems.
Target Audience
The primary target audience includes automotive dealerships seeking to improve efficiency, increase profitability, and enhance the customer experience.
Features
- VINSight: Provides accurate vehicle appraisals with diagnostic trouble codes, emissions status, and potential cost impact.
- OEM Window Stickers: Builds value and buyer confidence with original equipment manufacturer window stickers.
- Vehicle Portfolios: Offers a digital buying experience with a full collection of vehicle information.
- Integrations: Seamlessly integrates with existing CRM, DMS, and IMS systems.
- Tattletale Technology: Flags system resets to prevent inaccurate appraisals.