inride Unveils Revolutionary AI Platform for Automotive Trade-In Opportunities

Introduction

In the competitive world of automotive sales, leveraging technology can be a game-changer. Inride, a rapidly expanding marketplace connecting consumers with car dealerships, has launched its latest innovation: Trade Agent AI. This groundbreaking platform is designed to revolutionize how dealerships uncover trade-in opportunities, engaging with customers in ways that were previously unimaginable.

What is Trade Agent AI?

Trade Agent AI is the first of its kind—a fully autonomous AI platform that operates within the dealer's own database. Unlike traditional systems that require continuous human oversight and intervention, it directly interacts with vehicle owners, automatically calculating trade-in values, scheduling appointments, and even sending personalized text messages—all without human involvement.

Nick Perdikis, CEO of inride, emphasized the significance of this launch, stating, "Every VIN is a trade. Trade Agent AI finds it first." The platform uses sophisticated algorithms to dig into dealership databases, identifying potential trade-ins that might otherwise go unnoticed.

Addressing Industry Challenges

The automotive industry is rife with challenges, from stiff competition to declining margins. Alex Perdikis, an auto dealer, shared his insights on the industry's pain points. He believes that inride's Trade Agent AI provides dealers with reassurance that they are capitalizing on every available opportunity. "It works reliably 24/7/365. Every trade-in from our own database is worth over $2,500 in more gross than an auction unit."

This perspective highlights the dual challenge of identifying and converting potential trades while simultaneously competing against established platforms like CarMax. Trade Agent AI aims to give dealerships a robust tool to ensure they retain customers and maximize profits.

Key Features of Trade Agent AI

1. Agentic Automation - With no scripts or templates, the AI operates autonomously, handling outreach, follow-ups, value calculations, and appointment settings seamlessly.

2. Managed Service - The platform is fully cloud-hosted, eliminating the need for IT management from dealership staff.

3. Proprietary VIN Valuation - Utilizing real-time market data, it generates instant trade-in values, prompting owners to engage effortlessly.

4. CRM-Integrated - The system easily integrates with the dealer's existing DMS/CRM tools, ensuring maximum efficiency and legal compliance.

5. Text Compliance - Equipped with built-in regulatory compliance features, it mitigates TCPA risks while ensuring safe engagement with customers.

6. White Label Ready - Dealers can brand the platform as their own, enhancing their market presence.

Revenue Model and Initial Offer

The launch of Trade Agent AI will commence with a setup fee of $495 alongside a monthly SaaS license priced at $2,995. However, the first 50 dealers to onboard will benefit from a special Founder's Pricing of $1,495 per month, with no long-term commitment required.

By operating with minimal human involvement, Trade Agent AI seeks to empower dealerships of all sizes to scale their used car acquisition process without expanding their Business Development Center (BDC).

Maximizing Dealer ROI

Data suggests that dealership customers who engage in trade-ins bring in $2,000 to $3,000 more in gross profit compared to conquest customers. Moreover, outreach efforts to existing customers yield response rates as high as 10x. Trade Agent AI is structured to capitalize on these metrics by automating communication channels that are often underutilized.

Availability and Call to Action

As of now, Trade Agent AI is ready for onboarding, with potential users encouraged to request a demo to take advantage of Founder's Pricing. Interested parties can visit inrideapp.ai or reach out via email at [email protected] for more information.

Conclusion

In conclusion, inride's Trade Agent AI is set to transform the automotive landscape by facilitating a previously unattainable level of engagement between dealerships and customers. By harnessing the power of AI, it promises to unlock significant trade-in potential while ensuring that dealerships stay competitive in an ever-evolving market.