In this episode, Richard helps viewers gain a better understanding of vehicle valuation on auction.ย
Here's what you're in for:ย
- Understanding both sides to the sale of a vehicle: the relative position of buyers and sellers, and how this affects the prices that vehicles fetch on auction (considering not only what the buyer is willing to pay, but also what the seller is willing to accept).
- The mental tools that help people think better about the valuing of used cars (ZOPA - the Zone Of Possible Agreement; and BATNA - the Best Alternative To a Negotiated Auction).
- How new & powerful technologies (specifically AI-based) are going to play out in the world of used car pricing.
We hope this helps answer any questions you have about selling vehicles on auction ๐
๐๐ Link to Negotiauction: https://www.amazon.com/Dealmaking-Strategy-Negotiauctions-Guhan-Subramanian/dp/0393339955
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With our hosts' wealth of knowledge and undeniable passion for the automotive industry, you can be sure to expect all future episodes to be loaded with in-depth discussions on industry topics and trends that are worth your time. ๐ฃ
Whether you prefer reading or listening, we've got you covered! This episode is available as a podcast and blog post, allowing you to choose the format that suits you best.
Get buyers confident to pay the best price when you list on DealersOnline. Validate you vehicle with CarFling : https://www.carfling.me/
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