Lotlinx begins initial launch of LotGPT, its dealer-facing AI advisor
Screemshot courtesy of Lotlinx.
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Perhaps if you don’t use artificial intelligence regularly, you’ve probably still heard about ChatGPT.
Well, here comes LotGPT, an AI advisor that puts Lotlinx’s intelligence directly in dealers’ hands.
Fueled by Lotlinx’s decades of VIN-level and shopper data, the company highlighted LotGPT can deliver answers, insights and automations that can enable dealers to merchandise smarter, move inventory faster and maximize profitability.
Positioned as “the only chatbot that speaks dealer,” Lotlinx claims that LotGPT is the first dealer-facing conversational AI tool.
“Think ChatGPT — but fluent in a dealer’s market, strategy, and inventory,” Lotlinx said in a news release. “Building on more than a decade of helping dealerships predict and act on inventory risk, LotGPT leverages real-time intuitive data to answer questions, automate tasks, and guide decisions — all designed to help dealers move cars faster and more profitably.”
In its pilot phase, Lotlinx said LotGPT has already proven its value with more than 92,000 queries processed. Dealers have used the tool to ask:
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Which vehicles are most at risk of aging out?
How does my vehicle pricing compare with local competitors?
They’ve also used LotGPT for merchandising optimization like rate my VDP.
The platform is supported by the LotGPT Co-Pilot, a contextual and dynamic AI companion that can provides tutorials, explanations, and in-app guidance at every step. Lotlinx explained LotGPT Co-Pilot can ensure the experience is intuitive and helps dealers focus on acting on insights rather than deciphering them.
“Dealers today are overwhelmed with data and looking for guidance on their next best move as it relates to inventory and pricing strategy,” Lotlinx executive chairman Len Short said in the news release.
“LotGPT cuts through the noise and eliminates guesswork, providing them instant insights that pinpoint problems and opportunities. It will quickly become the auto industry’s most reliable, actionable, and trusted advisor,” Short continued.
Short added that LotGPT is designed for seamless onboarding.
Dealers can begin their journey by entering their URL to receive initial intelligence. They then create an account and connect their data feed to unlock the tool’s full capabilities, ensuring greater accuracy and relevance in every response.
LotGPT is free to dealers and currently available by invitation only.
Dealers can join the waitlist at www.lotlinx.com/lotgpt and more details are available via the online video below.
