RMS Automotive’s family of analytics products, Optimization and Insights, take the guesswork out of managing vehicle portfolios. These offerings, which leverage Cox Automotive data and blend cutting-edge data science with deep industry experience, help portfolio owners make intelligent, data-driven decisions regarding their assets.
RMS’s Optimization products provide clients with VIN-specific recommendations, including how to price vehicles most accurately, how to optimally recondition vehicles, and how to best distribute inventory across physical wholesale auctions.
Increases retention and conversion by using VIN-specific vehicle attributes to set accurate auction floor prices.
Maximizes price retention or return on reconditioning spend by recommending VIN-specific vehicle repairs for approval.
Increases retention net of transportation-related costs by optimizing the distribution of vehicles across physical auctions.
Designed to provide better visibility into both market trends as well as your own portfolio, Insights helps you make data-driven, strategic decisions and better understand the implications of these decisions.
Leveraging Cox Automotive’s rich set of wholesale and retail data assets, Insights lets you see:
- What are pricing trends and drivers?
- What is performance vs. peers?
Used retail market:
- What is supply/demand by model within key markets?
New car market:
- How do new car incentives impact retail and wholesale market dynamics?