Consumers have turned the used car market into one of the hottest ever, with prices and sales volumes hitting record highs as new vehicles remain in short supply. But these sales of pre-owned vehicles are still challenging and complex for both buyers and dealers. So now is the time for AI technology, widely deployed in other parts of the auto industry from manufacturing to marketing to autonomous driving features, to play a larger role in making used car sales more efficient and transparent — for both buyers and sellers.
Jim O’Brien, general manager, Americas at RAVIN.AI, discusses how AI can be used as a tool to increase transparency in used car sales. Read the full article in Information Age here.