To help dealers win more used-vehicle trade-ins and further grow their volume and profits through better inventory management and customer engagement, Dealertrack Technologies introduced an all-new Inventory+ vehicle trade-in quote module and a fully integrated transportation tool.

Officials explained on Monday that dealers now have access to two new powerful tools within Inventory+, making the solution an even more robust and versatile tool for inventory management. These new Dealertrack-exclusive features include:

• Inventory+ TradeDriver: An intelligent trade-in quote service integrated within Inventory+ and a dealer’s website to present buyers with consistent trade-in offers whether in a dealership or via a dealer’s website, and to help dealers convert more leads to sales.

Inventory+ TradeDriver can blend Inventory+ dealer-specific TrueScore transactional performance, market data, wholesale value, dealer-controlled settings and a unique value powered by Black Book to enable dealers to present customized vehicle trade-in quotes directly to consumers shopping on a dealership’s website. TradeDriver can assist dealers in presenting the same consistent and fair vehicle trade-in quotes online and at the dealership.

• Inventory+ Transportation Services: A vehicle transportation network integrated with an inventory management system to offer dealers more choices for their transport needs.

Inventory+ Transportation Services is powered by Dealertrack’s CentralDispatch, connecting dealers to more than 1,500 transport brokers and more than 7,000 vehicle carriers. The tool is now a simple drag-and-drop feature integrated with Inventory+, allowing dealers to post vehicle loads directly to CentralDispatch.

In addition, as part of the Inventory+ Transportation Services, dealers have the ability to work directly with Dealertrack’s broker connection network, which consists of brokers who have agreed to adhere to a high-quality standard of service.

“We are committed to delivering integrated workflow solutions that help dealers drive efficiencies and transform their businesses," said Robert Granados, senior vice president of inventory solutions and CRM operations at Dealertrack.

“With the new intelligent vehicle trade-in tool and the industry’s first integrated vehicle transportation network, Inventory+ becomes an even more advanced and powerful solution for today’s progressive dealers.” Granados continued. “These enhancements will help better position dealers for generating more leads and improving customer experience, while winning more deals.”