NADA 2023: Velocity Automotive – Buy Better, Sell Faster

NADA 2023: Velocity Automotive – Buy Better, Sell Faster

Reducing the amount of time your inventory sits while being reconditioned is immensely important for your profit margin. See what can be done.

Euwart Anderson from Vehlo and Josh de Young from Velocity Automotive discuss at NADA 2023 some of the benefits dealers can look forward to when working with Velocity Automotive, now under the Vehlo umbrella of companies.

For more information, visit velocityautomotive.com.

To view all of our NADA 2023 videos, click HERE.


Speaker 1 (00:05):

Hi, my name’s Euwart Anderson, GM and EVP of Dealership Division at Vehlo, and I’ve got Josh, the young VP of sales here at Velocity Automotive. We’re super excited about some recent activity in our organization. We’ve acquired Rapid Recon and Velocity Automotive, and that makes us today the leader in the reconditioning space. Super excited about the reconditioning combination of functionality with our fixed ops offerings with Dealer Logics, Text to Drive and Service Lane Advisor, our existing three brands. Love for Josh to tell you a bit about how Velocity Automotive is going to create new experiences for your service lane for your customers.

Speaker 2 (00:40):

Absolutely. That’s a great point. Josh de Young VP of Sales at Velocity Automotive. So, Velocity Automotive helps you buy better and sell faster. So with this acquisition from Vehlo and having those service applications kind of integrate into our platform, and then also the addition of Rapid Recon, we are now the powerhouse in the reconditioning space and we really believe that every dealer in America is going to have a recon tool here in the next couple of years. So we’re super excited to see what those integrations and those platforms look like and what our customers have been asking for many years now.

Speaker 1 (01:14):

Some of the value prop that we expect for you to see, probably the number one value prop really is the time to line improvement. So the amount of time that your inventory sits with that before you sell it while being conditioned and or reconditioned is immensely important for your profit margin. Between these two platforms of Velocity Automotive and Rapid Recon and the expertise at hundreds of years of combined automotive experience, reconditioning experience, you’re going to experience immense value in profit and speed. On top of that, the software, frankly, is so easy to use. It makes life easy for not only your GMs, but your service advisors, your techs, et cetera. So everyone wins.

Speaker 2 (01:55):

So with Velocity Automotive, we know what the used car business is doing today, right? So we know that the new cars are starting to pile up on the lots again. We know demand is down. So used cars is where we have to get back to our basics. And so being able to use the recon platform and then having that portfolio to help build credibility and transparency in the buying the buying process is truly powerful for the consumer. So if you want to know more, please go to velocityautomotive.com. Please reach out to us and one of our team members will help you. We look forward to hearing from you.

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