ADESA UK has launched its AI-powered self-inspection tool to car retailers, enabling them to sell unwanted part exchanges and over-age stock digitally.
This marks the next phase of ADESA’s roll-out of its app-based IVI (Intelligent Vehicle Inspection) tool, providing increased dealer-to-dealer sales functionality on its digital-only UPSTREAM remarketing platform.
The app can be used on a mobile phone or tablet, using a camera to capture multiple template-driven vehicle images, which are then processed using AI to automatically produce fully-costed condition reports. The images also accompany a vehicle’s online listing.
Dealers can use IVI themselves, or they have the option to request inspectors visit their forecourts to inspect stock using the tool.
“We’re seeing instances of dealers successfully selling unwanted stock within just 24 hours of inspection using IVI,” said Jonathan Holland, ADESA UK’s managing director.
“Disposal costs are being reduced and days to sell shortened. Cashflow is also improved, with dealers being paid upon sale, which, in some instances, has been on the same day vehicles have been inspected,” he said.
“As a digital-only specialist, we focus solely on remarketing vehicles upstream, before they enter the costly and time-consuming downstream physical process. This further roll-out of IVI means car retailers are now able to reap even more of these benefits through dealer-to-dealer transactions,” said Holland.
The award-winning ADESA IVI tool has been used for defleeting vehicles by corporate fleets, finance houses and leasing companies since its debut in 2019.
ADESA UK, a subsidiary of KAR Global, is a specialist online vehicle remarketing provider for OEMs, fleet and leasing companies and dealers, using a combination of industry expertise and cutting-edge digital technology to transform the way used vehicles are bought, sold and processed.