aaXchange Dealers Implement New Pricing Technology as Source of Best Car Deals

American Auto Exchange Is Changing How Dealers Trade With Consumers

DALLAS, April 12 -- American Auto Exchange(R) (aaXchange) has created real-time inventory management technology that provides a competitive edge to dealers when it comes to providing customers the best trade in values. Dealerships using the tools today are realizing an estimated increase of $40,000 per month to their bottom line, or a total yearly estimated impact to the industry of $320 million. Three of the nation's top five dealer groups have successfully adopted aaXchange's tools.

"Our dealers begin to see their management teams make better decisions almost immediately after implementing our tools. Using real-time technology, we help our users accurately appraise, acquire, liquidate, and price inventory. The result is bottom line profitability," said Bruce Thompson, founder and chief executive officer of American Auto Exchange, Inc.

While the largest dealers groups have already embraced this technology, small to midsized dealers are now beginning to realize its benefits. According to a National Automobile Dealers Association study, the vast majority of dealers are not utilizing any kind of inventory management tools to maximize revenues, but that's beginning to change, according to Thompson.

"We bring all the pieces together in a very comprehensive 'easy-to-use' application", says Mark Rankin, chief technology officer for aaXchange. "Our system was developed by industry veterans who understand the needs and challenges facing dealers across the country. We remove all the guesswork enabling our dealers to make accurate real-time decisions."

"We have a strong position in the automotive industry because we believe that if a dealer is using aaXchange technology, they will significantly reduce costs and increase revenue," says David White, chief financial officer for aaXchange.

Consumers want top dollar for their vehicles. They come to the dealership having done their homework. They know the value of their vehicles and they appreciate being treated with respect. The dealer, who can provide an accurate assessment of the trade-in, has the ability to seize the business by putting more money in the trade.

"The car buying public understands the bottom line of what they are getting with all the deals they are being offered. If they don't get their price, they'll go somewhere else, ... (until) something better comes along ... ," said Paul Taylor, chief economist of the National Automobile Dealers Association.

aaXchange dealerships put more in the trade-in because they have real-time information helping them make good decisions. The benefit to the consumer becomes very apparent. aaXchange dealers provide the best return on a car deal. Bottom-line it is a win/win deal any way you look at it.

For more information, visit our website: http://www.aaxchange.com/