A fast-growing proportion of dealers are now using the internet to source valuation data from Glass’s Guide, which has seen 25% of its readers now using the web.
The company launched its GlassNet online valuation tool six months ago and Glass’s says the growth is an indicator of a new digital trend in the UK’s automotive sector.
Vik Barodia, Glass’s dealer sector director, said: “Ease of use and accuracy are critical factors driving this shift to web-based used car valuation, especially now that vehicle registration mark-powered valuations are more readily available.”
Starting from this month, a new version of GlassNet will be available. Called GlassNet Unlimited, this new version allows dealers to value as many cars as they want for no additional charge.
Another key advantage of GlassNet is its coverage – the system provides data relating to 95% of the UK used vehicle parc, which is 50% more information than can be crammed into the monthly printed Glass’s Guide.
Customer Valuation Reports can also be printed off; detailing how each valuation was calculated. Carrying the dealer’s own details and those of Glass’s, these reports can then be given to customers.
Experian customers can also access the company’s vehicle provenance checks through the GlassNet web interface.