RMS Automotive recently announced that it has partnered with vAuto to make the evaluation and acquisition of manufacturers’ premium off-lease and off-program vehicles a speedier process for dealers.
Open sale inventory listed on manufacturers’ digital sales platforms powered by RMS Automotive is now integrated into vAuto’s Stockwave tool.
The integration can save dealers time sourcing high-quality used vehicles and allows manufacturers to increase exposure of their inventory via Stockwave’s buyer base, according to RMS.
“Our partnership with vAuto is another example of how RMS Automotive leverages its connectivity to other Cox Automotive brands to drive more informed decision-making for our clients,” RMS president Nick Peluso said in a news release. “This initiative provides dealers unequalled access to pre-auction inventory and helps manufacturers accelerate transactions by channeling the right vehicles to the right dealers at the right time.”
BMW Financial Services is one of the first commercial consignors to incorporate their wholesale inventory into Stockwave.
Using customized search streams on BMWGroupDirect.com, dealers can view pre-auction inventory in addition to rank vehicle types by cost, availability and other factors.
“The collaboration with RMS Automotive is part of the Stockwave promise – that we make the task of acquiring wholesale inventory more efficient and profitable for dealers,” Randy Kobat, who is senior vice president of Inventory Software Solutions for Cox Automotive’s Retail Solutions Group, said in the release. “The first step, of course, is having all wholesale inventory in one place. Our partnership with RMS Automotive brings us another step closer to this important goal.”
Stockwave’s inventory stream totals nearly 300,000 auction vehicles. Additionally, the company said its team is currently working to integrate wholesale inventory from other OEM-related sources.