Dealers Can Now Determine Cash Value of Damaged Vehicles Immediately How is this possible? A new company called Novum Auto Services is launching a programmed calculator that provides Cash Market Value (CMV) pricing to owners (dealers) of damaged, disabled or otherwise compromised cars. Further, Novum Auto Services backs the valuation with an immediate offer to buy the car with guaranteed funds - without requiring physical inspection of the car. By providing dealers and consumers with accurate pricing information and the immediate opportunity to sell their vehicle, Novum empowers dealers and vehicle owners with choice – to repair or replace the car. How is Novum doing this? Novum’s has a patent pending CrashCalculator™ that provides Cash Market Value (CMV) pricing to owners of damaged, disabled or otherwise compromised cars. This disruptive technology enables Novum to back the valuation with an immediate offer to buy the car with guaranteed funds - without requiring physical inspection of the car Novum can offer Cash Market Value pricing because of the objective nature of the data inputs and the certainty of the predictive results its technology provides. In addition to significant time savings, this option often puts hundreds or thousands of additional dollars in the hands of the consumer. This new source of liquidity will drive more new and used car transactions. CrashCalculator will provide consumers with Cash Market Value for a damaged car and the related diminution in value. Novum’s institutional version of CrashCalculator will help dealers, banks, title lenders and fleets make smarter decisions on repossession and remarketing When can dealers get their hands on this technology? Novum will launch CrashCalculator™ in early 2015. CrashCalculator is currently Novum’s internal pricing system, used by customer service agents at DamageMAX.com and CarBuyerUSA.com. Upon launch to the public, CrashCalculator will calculate not only valuations based on immediate collision damage, but also repair-related and stigma related diminution in value that results from the accident. CrashCalculator correlates damage specific information for damaged cars with the most robust sales data industry wide
What will be the real impact of this CrashCalculator? Novum’s technology and direct-to-consumer value proposition seeks to disrupt and transform the remarketing industry for damaged cars. What you should know about Novum Auto Services Novum, which means “New Thing” in Latin, is leading the charge to revolutionize the automotive remarketing process by giving the “must buy” consumers and dealers full value for their compromised vehicle and an easier path to their replacement vehicle. Novum founders seeks to deliver technology and a direct-to-consumer value proposition that will continue to disrupt and transform the remarketing industry for damaged cars The founders are former Manheim executives Michael Lasini and William Coleman recently formed Novum Auto Services. Prior to founding Novum, Coleman and Lasini were members of the senior leadership team of Total Resource Auctions (TRA), Manheim’s damaged vehicle subsidiary. As TRA’s first employees, they turned a concept into reality – TRA sold more than 1 million vehicles during their tenure at Manheim. November 2014
12/02/2014 Dealers Can Now Determine Cash ... - Automotive Digest
Further, Novum Auto Services backs the valuation with an immediate offer to buy the ... Novum's internal pricing system, used by customer service agents at ...
A new company called Novum Auto Services is launching a programmed calculator that ... Novum's internal pricing system, used by customer service agents at ...
Aug 1, 2017 - LotRep will help you do so. Their mobile app puts the most commonly used tools, right in the palm of your hand and their system is easy to use.
Apr 10, 2017 - Private Sector Hiring like Crazy: Strong for Small Biz, Goods Producing ... Could Mean: Dealer focus on small business, professionals, ...
Provides real-time payment and rebate information tracked from every car manufacturer, bank and credit ... 5) Time for a turnkey platform to deliver all info in dealer sales transactions. 6) Increasing number of online ... Market Scan Information Sys
3) Dealers want to do more online business volume. 4) Online buying requires immediate vehicle & pricing information. 5) Time for a turnkey platform to ... What Dave Luce, Fastlane's VP Sales, said about this Online Process: âThe payment transactio
Apr 10, 2017 - What: Deutsche Bank Analysts say its back to 2004 for host of ... 4. Immersive 360-degree video may replace plain old video content soon.
analytics solutions to a number of the most successful U.S. financial ... company specializing in the development and management of decision support systems. For ... Dealertrack Technologies' intuitive and high-value web-based software ...
Sep 1, 2017 - Who is providing breakthrough solutions in Dealer Inventory Tracking? AutoMap has ... How does this inventory tracking service work? Through ...
Sep 1, 2017 - A mobile app that connects dealers with a larger community of appraisers and buyers to receive real time cash offers on live trades and aged ...
Artificial Intelligence networks are defined as learning systems. Feed unlimited data into an ... function and also social media. Computers in the dealerships can ...
Sep 1, 2017 - estimating 67% of warehouses planning to use mobile devices to manage inventory. Who is providing breakthrough solutions in Dealer Inventory Tracking? AutoMap has become a leading inventory tracking and audit solution for dealerships, a
affiliated with a new partner, DriveitAway, to immediately list their vehicles on the HyreCar platform, extending a new opportunity to dealers in 34 states plus.
As analytics-based technologies mature they promise to better guide executive decisions by delivering only the most relevant information. We stand at a turning point in the presentation and consumption of data and information. As the volume of availa
If you see yourself as being a business leader as your career path gains more ... and how you must get with all the technology around to disrupt and succeed.
If you see yourself as being a business leader as your career path gains more ... The Editors at Automotive Information Network recommend that you read this ... and how you must get with all the technology around to disrupt and succeed.
intelligence (the application of data science to business analytics) and A2I to ... chat bots through cloud structures to enable natural language processing to.
spike in personal income in December (driven by special dividends and early bonus payments ahead of tax hikes) and a significant rise in the stock market.
Let's start with the basics so we're all on the same page. ... staff to make, and export a list of customers for mailers or external call centers. ..... computer attached ... extra pricing assistance on their next car (of course, this was all worded.
my people roughly ten minutes to get their head straight before picking up the phone ..... CRM is a good place to connect social media best practices because it is all about doing .... traffic changes based on external campaigns. With that said ...
Tusker worked with leading carbon management consultants, Carbon Footprint, to show that its carbon emissions over the 12 month period from April 2011 to March 2012 had fallen to 93.95 tonnes of carbon dioxide from 103.67 tonnes in the previous year.
The company, which supplies Leaselink, the UK's leading e-procurement platform for the contract hire and leasing and fleet management industries, had outgrown its previous offices in. Cumnor, where it had ... Ebbon-Dacs, which is owned by a private e