Thursday, 23 September 2021 20:55

Houston's Buy Your Car Aims to Help Ease Vehicle Shortage Pains for Dealers

Written by Auto Remarketing Staff

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Buy Your Car has launched in North Houston, TX. The online service allows customers to sell their vehicles online, and aims to help provide more quality used inventory for dealers. 

A consumer can submit a VIN or license plate number, current photos and answer a series of questions, and they will receive an offer for their vehicle based on current market analytics. The company said customers "can have an offer within minutes." 


Once the transaction is complete, Buy Your Car will either pick up the customer's vehicle within the greater Houston area, or it can be dropped off at Buy Your Car’s North Houston location for an inspection and guaranteed bank check.


The company said it is employing AI technology to streamline the processes. 


"With the shortage of inventory right now, we are doing everything we can for dealers to acquire vehicles from the public," Buy Your Car President Jerry Salerno said in a news release. "With artificial intelligence, traditional staff are able to focus on their other roles while the technology goes to work. The real-time analytics also create an overall better experience for the consumer.”

Salerno is no stranger to the auto industry, most recently serving as director of enterprise dealer partnerships for Cox Automotive


Instead of using inbound technologies to find customers, Paul Lehal, chief technical officer of Konect Ai and Buy Your Car, explained the company is incorporating outbound technologies powered by AI to "get data from private car sellers on an everyday basis." 


Lehal said in the news announcement: "We have our AI interface that engages with the customer, which can process data much faster than a human. With this unique model, the technology can go to work and achieve the same results as at least seven people." 


We thank Auto Remarketing for reprint permission.