Customizing Trade-In Ranges & Fees Follow
Customizing Trade-In Ranges & Fees
How Flexible is SNAP in How it Displays Value-to-a-Dealer?
One of the many and best features of SNAP is the ability to customize how you calculate Value-to-a-Dealer. We have worked with hundreds of dealerships to dial in our calculation to ensure the best accuracy possible right out of the box. But, every dealership is different and we want to emulate your local market and store-specific used car market factors.
There is a balance to trade values on a site. On one hand, your Internet manager hopes to not immediately deter anyone with a number that is too low. Your Used Car Manager wants to ensure he/she can still operate his full appraisal process and not completely mis-match what value comes off your website. With SNAP both parties can be happy! Given SNAP always shows a range, the IM can control the high value of the range and the UCM can control the low. Everything is customizable.
Every report has 3 sections, the Upper Section, the Mid-Section, and a Lower Section:
The Upper Section is a summary of Market Conditions and a Value Range.
The Mid-Section shows all the Comparable Vehicle Data.
The Lower Section shows all the calculations used to arrive at “Value to a Dealer”, and the primary section that you're able to customize. This section is different for every store and every car. Each of the variables we use to reduce retail ask price of our comparables can be changed. We can add CPO costs. We can add a factor for depreciation. Most importantly, we can actually broaden the range, lower the low, lower the high, anything.
Just remember to email email@example.com with any questions!