TransUnion Auto Information Solutions

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TransUnion Auto Information Solutions
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TradeXchange is an online trading application created for the buying and selling used cars, unique to the South African motor industry.

The trading application was created to assist the motor industry in the follow areas:
  • Standard Best Practice: No standard manner of disposing of wholesale units (i.e. units sold to buyers within the industry rather than to the general public). Need to eliminate the subjective process at the discretion of the used vehicle manager.
  • Corporate Governance: Standard trade process through standard operating procedure.
  • Fully Transparent: Full audit trail that allows the dealer and the trader to see the value for which the vehicle was sold.
  • Commercial Opportunity: Maximise retail profit as well as trade profit opportunity.
  • Improve Operational Efficiencies: Not efficient in terms of length of time of disposal of the vehicle, which often resulted in a cash flow implication for certain dealerships.
Buyer Benefits:
  • 253 Sellers load vehicle stock onto TradeXchange each month
  • Able to source all makes and models of vehicles for your clients: More than 1600 vehicles are loaded onto TradeXchange each month, nationwide
  • Comprehensive vehicle descriptions available
  • Email and SMS notifications of bidding progress
  • Reporting available on vehicles traded for business auditing purposes
  • Helpdesk available for all queries & questions
  • Ability to bid by cellphone
Seller Benefits:
  • An excess of 350 buyers subscribe to TradeXchange substantially increasing the opportunity to sell a vehicle, thereby reducing the duration of sale from start to finish
  • Half of the vehicles are sold in excess of the reserve price
  • 200 vehicles are sold for an average of R70, 000
  • Accurate indication of true demand for various vehicle models through indication of Bidding Activity
  • Proactive notification via e-mail & SMS of vehicles that fit customised profiles, per buyer (Can create vehicle profiles and be notified about specific vehicles that are loaded)
  • Email and SMS notifications of bidding progress
  • Reporting available on vehicles traded for business auditing purposes
  • Helpdesk available for all queries & questions
Quick Links
Online Returns>>
Vehicles Enquiry>>
Credit Profile>>
NAAMSA>>
NAACAM>>

Business-to-Business
Verifications
• Vehicle Enquiry
• Financial Registration
• Security Alert
• IVID

Valuations
• Vehicle Coding
• Trade & Retail Value Guides
• Residual Values
• Mapping (VIN & Vehicle code)

Management Applications
• Portal
• Online Document Repository
• Trading Applications
• Online Returns
• Testing centre App
Business-to-Consumer
Autolocator>>
Mytransunion>>

 
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