HPI has launched a new mid-month valuations
tool for dealers, which it has developed in partnership with
CAP.
HPI managing director Daniel Burgess said:
“With overstocking fears a real issue for most dealers, a month can
seem like a lifetime when assessing the value of their used car
supply. But with HPI mid-month valuations, dealers can get a
realistic current valuation on vehicles based around the trends in
the market.”
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“We are able to bring dealers a valuation they
can rely on, at a time when they are taking vehicles into stock.
It’s a new approach to make life easier for dealers.”
CAP communications manager Mike Hind added:
“The days of one single pricing point per month in the used vehicle
markets are rapidly receding. When markets are dynamic, there’s a
clear need for some customers to understand where prices are
heading during the month as well as at the beginning.”
Dealers conducting HPI vehicle check tick the
option for an HPI mid-month valuation to get a timely and accurate
valuation with their report. The valuations clearly state when they
are valid from (usually the 15th of the month) and cost
the same as a normal CAP valuation.
Burgess added that special volume discounts are available to
dealers.
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