We know that the trade-in experience is a major friction point in consumers buying cars.” Our EVP of TradeRev Canada discussed how we’re bridging the gap with consumers and helping dealers sell more cars.
The day’s finally here! H-VisionSM, the cruise control of capturing vehicles and the most anticipated feature of our artificial intelligence platform HSM, launched today.
In May, TradeRev descended on the fastest growing tech conference in North America – Collision. With over 25,000 attendees from over 150 countries, this massive conference featured the most innovated and disruptive companies in the world. From the amazing people to the captivating sessions including our Co-Founder and CTO Mark Endras kicking off Startup University, Collision was truly inspiring. Check out the recap video below and see you at Collision 2020!
Car auctioning is an age-old trade, and in the early 2000s, when new tech was beginning to disrupt the automotive industry, Mark Endras, co-founder and CTO of TradeRev, noticed that automotive remarketing was not evolving. The expensive, lengthy, and antiquated method of car auctioning was not keeping up with the rapidly changing sales infrastructure of other industries.
Lots of time-honored traditions are changing in the mobility space. I sat down with Mark Endras, co-founder and CTO of TradeRev, and Becca Polak, who is both president of TradeRev and chief legal officer and secretary at KAR Auction Services.
We now live in an age of information where mobile, web and data shape the fabric of everyday life. Picture this: in the next 60 seconds, 187 million emails will be sent, there will be 3.7 million Google searches and almost 1 million people will login to Facebook. In that same time approximately 188 used cars will be sold in Canada and the USA.
Scott Esplen is all too familiar with the complaints people have when it comes to selling their used cars to dealerships. Interminably long waits, a lack of transparency and ultimately doubts over whether they’re getting a good deal tend to define the experience for a lot of consumers. Three years ago, Esplen – director of used vehicle operations at Humberview Group – decided to automate the process by incorporating TradeRev, an online system that hosts used car auctions in real time.
TradeRev-H, an enhanced version of ADESA’s TradeRev app for one-hour online auctions, seeks to tap machine learning to change how vehicle inspections are done.
New Suite of Machine Learning and Imaging Capabilities Further Empowers Dealers
