iPacket Launches Reconditioning Cost Ai Data Solution
PARKERSBURG, WV (Jan. 27, 2023) - iPacket has announced the launch of their industry first Average Reconditioning Cost (ARC) Ai data solution. ARC Ai can be found within iPacket’s comprehensive on-demand OEM Window Sticker and Vehicle Build Sheet lookup service. This solution grants dealers instant access to average estimated reconditioning cost and repair information for Year, Make, Model, and Mileage.
iPacket’s ARC Ai analyzes nearly 6 million vehicle reconditioning receipts to provide the most comprehensive reconditioning data set ever created. This solution transforms dealers' ability to accurately estimate the reconditioning investment of vehicles for appraisals, auctions, and more. ARC Ai additionally provides the most commonly repaired items during the reconditioning process.
“Reconditioning spend represents a tremendous investment for our dealer network. Having the ability to accurately estimate the reconditioning investment leads to more accurate trade appraisals and better decision making when it comes to purchasing vehicles from auctions or from private individuals. Combining the ARC Ai with our industry leading OEM Window Sticker/ Build Sheet lookup truly sets a new standard in vehicle data access,” said iPacket CEO and Co-founder, Seve Astorg.
iPacket’s ARC Ai solution is available to their dealer network and other third party vendors with the release of ARC API. This solution is built on the foundation of iPacket’s industry first and leading digital vehicle transparency solution.
“When it comes to reconditioning data, no source is more reliable than the DMS. iPacket has been helping dealers showcase their reconditioning investment via our consumer confidence solution for over a decade, ARC Ai takes the next step by analyzing that data and making the recon cost averages and commonly repaired items available to our dealer and third party allied vendor network,” said Astorg.
iPacket is the leading provider of digital vehicle presentation, and marketing solutions for the automotive industry. Their cloud-based solutions help automotive dealers provide shoppers with a transparent digital vehicle-purchasing experience.