What is vAuto used for?
vAuto® helps dealers maximize new/used vehicle sales and profits through innovative inventory intelligence and management solutions. The Provision® suite of tools helps dealers properly appraise, acquire, merchandise and retail used vehicles.
What is vAuto provision?
Provision is the first step in harnessing data to drive profits. It gives you industry-leading information — virtually 100% of the data you need — to price and appraise more accurately. It begins the shift from simply managing inventory to managing investments, what vAuto calls the Investment Value Method.
What does water mean in vAuto?
Hence, if you own a used vehicle for $10,500, and current valuations suggest you'd only get $9,500 for the car on the wholesale market, you've got $1,000 in water for the unit. The same math holds for a dealer's entire inventory.
Is vAuto a DMS?
vAuto, a Cox Automotive company, offers Provision, a dealer management system supporting used car dealerships.