AUSTIN, Texas, Jan. 26, 2017 /PRNewswire/ -- The Appraisal Lane™, a used car trade network and communications platform, announced today the additions of the Grappone Automotive Group and Lee Auto Malls, to its dealer community. The additions highlight The Appraisal Lane's continued expansion and recent focus on growth in the Northeast region. New Hampshire-based Grappone and Maine-based Lee, now join a growing list of groups using The Appraisal Lane, which allows dealers to submit used cars from their smartphone and receive rapid cash offers from a live team of used car experts.
"It's a perfect fit," said Mark Brown, Grappone's Director of Sales. "Unlike other valuation resources, The Appraisal Lane provides an instant, realistic, and liquid offer that brings a level of transparency and integrity consistent with the mission statement of the Grappone Automotive Group." Grappone senior team leader Bob McCullen agreed. "Teammates and guests value engagement, participation, and objectivity in the trade evaluation process," he said. "The Appraisal Lane delivers that."
Adam Lee, Chairman of Lee Auto Malls, credits the The Appraisal Lane's growth to the assurance that it affords dealers on vehicle transactions. "For the past year, we've used The Appraisal Lane at four of our dealerships," Lee said. "In that time, we reduced wholesale loss by over 50%, and in some cases turned a profit at year's end. With today's market volatility, having a consistent, reliable, check writer for each car allows us to make more retail deals, mitigates wholesale loss, and gives us a firm baseline so we know where we stand on every transaction. For us, The Appraisal Lane is a money maker, and we're moving forward with using it at all of our 19 locations."
Jeff Risner, Co-Founder and CEO of The Appraisal Lane, welcomed the growth and the additions. "Grappone Automotive is a community fixture, built on over nine decades of providing exceptional service to car buyers," he said. "We're thrilled to add them and Lee Auto Malls to our community, where we can help deliver a fair, smooth, and transparent appraisal experience to their customers."
The Appraisal Lane's message continues to resonate with dealers as more groups look for better ways to appraise, sell, and buy used car inventory. The Appraisal Lane's presence now spans the Atlantic coast, with network dealers located throughout major metro areas from Maine to Florida.
For more information, visit www.theappraisallane.com.
About The Appraisal Lane™
The Appraisal Lane, a real-time used car trade network and communications platform, enables dealers to submit used cars for appraisal and receive cash offers from a network of experts who balance knowledge with market valuation data resulting in the most accurate used car valuations. Fully optimized for mobile, the platform manages appraisal submissions, purchase offers, and dealer, appraiser, and buyer communications, as well as sales and fulfillment channel information. Among many other benefits, The Appraisal Lane gives dealers the ability to move used car inventory by providing accurate valuations; provide consistent consumer trade-in offers; the opportunity to white label the technology suite to power their own private networks; and the confidence to take used cars on trade regardless of a new car sale, ultimately improving their business in the process.
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SOURCE The Appraisal Lane