AUSTIN -

The Appraisal Lane, a used-car trade network and communications platform,  announced recently that it has added the Grappone Automotive Group and Lee Auto Malls, to its growing dealer community who use the real-time platform to submit used cars for appraisal from their smartphones and receive cash offers from a live network of used-car experts.

The additions of the New Hampshire-based Grappone and Maine-based Lee dealerships highlight The Appraisal Lane's continued growth and a recent focus on expanding into the Northeast region, said the company.

"For the past year, we've used The Appraisal Lane at four of our dealerships," Lee Auto Malls chairman Adam Lee said in a news release. "In that time, we reduced wholesale loss by over 50 percent, and in some cases turned a profit at year's end. With today's market volatility, having a consistent, reliable, check writer for each car allows us to make more retail deals, mitigates wholesale loss, and gives us a firm baseline so we know where we stand on every transaction. 

“For us, The Appraisal Lane is a money maker, and we're moving forward with using it at all of our 19 locations." The Appraisal Lane's footprint currently spans the Atlantic coast. Network dealers are located throughout major metro areas of the coast.

The Appraisal Lane is fully optimized for mobile and manages appraisal submissions and purchase offers, in addition to sales and fulfillment channel information.