The Appraisal Lane Rolls into Texas to Meet Increased Dealer Demand
AUSTIN, Texas, Feb. 8, 2018 /PRNewswire/ -- The Appraisal LaneTM, a mobile app-based community connecting dealers with valuation experts and buyers to receive cash offers on used inventory, today announced it has expanded into Texas.
Dealers in The Lone Star State can now join The Appraisal Lane community to receive real money from real people in real time on live trades and aged units, as well as purchase in-demand inventory from the 26 states in which The Appraisal Lane now operates.
"We continue our strategic and methodical expansion westward to meet ever-increasing dealer demand for our community and the benefits it brings," said Andrew Iorgulescu, The Appraisal Lane's Co-founder and President. "The dealers in our community are seeing increased incremental sales while mitigating exposure to wholesale loss. Additionally, with The Appraisal Lane, transparency and a responsive process provide a better customer experience. We're pleased to bring this platform to dealers in the competitive Texas automotive marketplace."
The Appraisal Lane's Texas expansion news comes on the heels of the company's announcement in December that it had topped $100 million in used car transactions for both live trades and aged units in a little over two years. In 2017 alone, The Appraisal Lane processed a staggering 60,000+ vehicles for cash offers in its community.
The Appraisal Lane consists of the country's foremost vehicle appraisers whose singular responsibility is to evaluate thousands of cars each month across all makes and models. For dealers who are busy working with customers, cash offers on live trades arrive in 15 minutes or less and are good for 7 days or 300 miles. For inventory they already own, cash offers arrive in just a few hours and are good for 3 days or 100 miles. The Appraisal Lane's Buyer Network enables dealers to buy in-demand inventory from virtually any curb – both inside and outside their market area.
The Appraisal Lane is now available across the entire Eastern Seaboard, Pennsylvania, Ohio, Illinois, Michigan, Indiana, Wisconsin, Minnesota, and Texas, with additional market expansion plans underway.
For more information, visit http://www.theappraisallane.com, call (888) 737-9909, or email [email protected].
About The Appraisal Lane™
The Appraisal Lane is a mobile app-based community connecting dealers with valuation experts and buyers to receive cash offers on used inventory. 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 without any risk, ultimately improving their business in the process.
SOURCE The Appraisal Lane
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