On Thursday, vAuto released the next generation mobile application for its Provision Suite of inventory management tools, which include appraising and pricing solutions.

The application is available for download through Apple’s iTunes App Store (under “Provision”) for use on iPhones (3GS and above running iOS 5 or higher) and iPads. The suite is aimed at giving dealers greater “on-the-go, market-smart, decision-making power and precision as they acquire and price their used vehicles.”

Elaborating about Thursday’s announcement, vAuto founder Dale Pollak said, “When it comes to acquiring and pricing used vehicles, the dealers who have the most accurate, real-time market data to determine the ‘right’ cars and most appealing retail prices have a distinct competitive edge.

“Our new, next generation Provision mobile application gives dealers the ability to apply this market-based competitive advantage wherever and whenever they’re making used vehicle acquisition or pricing decisions,” he continued.

The Provision mobile application includes vAuto’s appraising and pricing tools. Both are powered by vAuto’s Live Market data and ensure dealers align vehicle acquisition and pricing decisions to current market supply and demand dynamics.

vAuto said it is currently developing an Android-based version of the Provision mobile application, which will also include the appraising and pricing tools. The company plans to release the Android application next month.

“We’ve carefully built our Provision application to ensure all of the premier market intelligence and decision-making power dealers have come to expect from vAuto extends to their smartphones and tablets,” said Jim Menard, vice president and general manager for vAuto. “Our goal was to ensure the application and its component tools speed up a dealer’s ability to make good decisions and help them maximize the profitability potential of every used vehicle.

“Every used vehicle offers an opportunity, but our mobile appraising tool helps dealers quickly determine the exact cars and precise purchase parameters that represent the ‘right’ opportunities for their dealerships and local markets,” Menard went on to say. “In addition, our mobile pricing tool allows dealers to instantly set and syndicate market-smart pricing decisions that attract online buyers and meet their profitability goals.”

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