In an effort to continue delivery of industry-leading vehicle valuation insights to its business-to-business customers and improve their user experience, NADA Used Car Guide launched a new NADA Values Online product (formerly known as NADA Online) this morning.
Of the numerous features and functionality delivered in the online product, lenders and automotive dealers will find the improved offering provides a time-saving and enjoyable experience.
"The replacement of NADA Online with the NADA Values Online product means our business-to-business customers will have powerful new features that make the vehicle valuation process even more insightful and efficient," said Mike Stanton, vice president and chief operating officer of NADA Used Car Guide.
The addition of new vehicle values, "...completes the valuation picture," according to Stanton, by offering a full suite of pricing guidance, including New Vehicle and Auction Values (low, average, high), Trade-in (rough, average, clean), Clean Loan and Clean Retail values for used passenger cars and light-duty trucks.
Customers will find the New Vehicle Values pricing guidance is presented as an insightful value estimation range. The range of low, average and high values is based on actual market transactions and market influencers. New Vehicle Values are provided as a range because the aforementioned factors cause price variations in the new vehicle market.
