AI-powered inspection towers showcase how ACV is using cutting-edge technology to service auto dealers.
ACV Auctions is sitting on a "massive database of vehicle data intelligence."
Now it's commercializing that work through VIPER (Vehicle Inspection Platform for Enhanced Reporting), its latest product release that uses cutting0-edge technology to support its auto dealer customers.
VIPER includes two vehicle imaging towers and ACV's Virtual Life undercarriage scanner, and is designed for easy installation on a dealer's appraisal lane or service drive. It uses high-resolution imaging and AI-powered visio souton to capture a vehicle's condition, produce a consistent digital condition summary and a realtime valuation offer or range.
The VIPER tool gives dealers a new way to source inventory from their service line, reduces manual effort and enables rapid appraisal, acquiiition and retail photos at scale.
“We already demonstrated that dealers can significantly improve their trade ratio and consumer vehicle sourcing by using ClearCar and ACV MAX, and now VIPER expands our offering to help standardize and streamline the process,” said George Chamoun, chief executive officer of ACV. “We've spent years building a massive database of vehicle data intelligence, and with that strong foundation of structured data and our advanced AI, we can empower dealers to seamlessly acquire more inventory and retail vehicles faster.”
