CHICAGO -

Auction Edge and Carbly have teamed up to launch the Pipeline Market Report, a vehicle pricing guide powered by sale data from independent auctions.

The data is composed of near real-time results from Auction Edge partner auctions, with pricing based on actual transactions, the companies said in a news release.

“Independent auctions are moving so much metal for dealers, commercial accounts and beyond,” Auction Edge chief executive officer Dan Diedrich said in a news release.

“Through this partnership, we believe we are delivering timely and relevant pricing data for sellers and buyers,” Diedrich said. “In less than a year, our partnership with Carbly continues to provide valuable tools and services for our customers.”

Diedrich will be among dozens of speakers on hand for Cherokee Media Group’s Used Car Week later this month at Red Rock in Las Vegas.

He is a panelist on the “Remarketing Technology: The Industry Adapts, Changes and Succeeds” discussion that also includes senior executives from Manheim, SmartAuction, EBlock, ACV, KAR Global and IAA.

As for the new Pipeline Market Report, it is available on Carbly via desktop and mobile devices.  

The service provides VIN-level sales comparisons, actual sale details, condition reports and pricing.

It draws the data from more than 175 independent auctions moving roughly 50,000 vehicles a week.

The report shows historical trend lines in the wholesale market data set, as well, along with daily transaction updates.

Auction Edge is a remarketing technology provider for independent auctions; Carbly describes itself as a platform aiming to help dealers “make informed, data-driven decisions regarding vehicle sourcing, valuation and inventory management.”