Let's talk

PriceSmart

Boost your profits by up to £300 per car on average

PriceSmart leverages your sales history and AutoTrader metrics to generate strategic pricing that can boost your profits. Sell low-rated vehicles faster and secure premium prices for top performers.

Watch Explainer Motor Trader Industry Winner

PriceSmart turns data into profit, optimising your pricing strategy for a guaranteed sales advantage.

These data-driven opportunities are then implemented through all systems, ensuring consistent and maximised performance across all your locations, models, and fuel types.

Foresight at your fingertips

Ditch the guesswork. PriceSmart delivers a crystal-clear view of market movement, empowering you to react to trends instantly and stay ahead of the competition.

Locate profit

Uncover the true earning potential of your inventory. PriceSmart's data-driven pricing strategies unlock an average of £300 per car, directly boosting your bottom line.

Buy The Right Stock

Our Buyer's module BuySmart identifies a shopping list based on the dealership’s own sales history, part exchange data and cars coming into your own workshop. Purchasing the right stock with the right margin percentage will become the norm.

Hands-on guidance

No more pricing battles. PriceSmart's dedicated experts work alongside you, delivering regular (weekly, monthly, and quarterly) strategy reviews for continuous optimisation.

Free up your heroes

PriceSmart takes the pricing workload off your plate. Sales managers can focus on what they do best - managing their teams and closing deals, not crunching numbers.

Easy onboarding

Get up and running within 3 weeks. We'll take you from a live data demo to actionable insights, seamlessly.

Background shape
RWA Automotive Retail - PriceSmart

Buyer's Module

Remove frustration

Sourcing cars effectively is a challenge but we will simplify this for you. Check a vehicle against market valuations, AutoTrader Retail Ratings and your own pricing policy before you buy to ensure it makes sense for your business. We'll also combine your part-exchange data and vehicles due into your workshop. Seeing everything in one place enables your team to make the right buying decisions, every time.

RWA Automotive Retail - PriceSmart

PriceSmart for OEMs

Protect your network's health

PriceSmart is not just for dealers. For OEMs, PriceSmart can deliver visability over your network's used car perofrmance. Use this intel to create the ideal stock profile per location for your product. Take it a step further, and strategically pre-sell your stock using this data.

9 hrs Saved on AutoTrader per week
£300 Average increase in used car margin
110,000 Used cars sold per year with RWA Analytics
40% Increase execution against pricing policies

Boost your profits up to £300 per car on average

Interested? Let’s talk.

RWA Automotive Retail - PriceSmart

Ditch the guesswork.

Data to empower you.

PriceSmart removes the guesswork from your decision making. You will be equipped with accurate, consistent data in real time. This will enable you to stay ahead, make appropriate changes when needed and succeed in achieving your business’ goals.

pricing policy
An extension of your team.

Our data experts are analysing used car data everyday. Get the benefit of their expertise, set goals together and watch your profits soar.

One view for all your sites

Running multiple dealerships? Set individual pricing strategies and see them all clearly in one place. Cut back on admin and increase profits instead.

Drillable Reports

No more switching to and from different sheets. Our drillable reports will show you everything you want to see on one screen.

Download our PriceSmart flyer

Interested? Learn More.

 

RWA Automotive Retail - PriceSmart

Frequently asked questions

How long will it take to get set up?

It takes 2-4 weeks from the point of data access for us to build PriceSmart.

Do you use AutoTrader's Local or National Retail Rating?

By default, we use the local retail rating. However, we have access to both and will discuss which one suits your needs best during the implementation phase.

Can the system alert me of vehicles out of policy?

Yes, we can set up pricing exception reports to be sent straight to your inbox which will highlight vehicles that are under or overpriced against your policy.

Can the pricing policy be done by franchise?

Yes, we can set up your pricing policy to be done by franchise, along with a number of other factors, for example, fuel type.

Do you carry out policy reviews?

Absolutely. Once PriceSmart is implemented our customer success team. They will hold policy reviews every 4-6 weeks in which tweaks are made as necessary.

Will you train my team?

Yes! Throughout the implementation phase we will host a series of workshops with relevant project stakeholders. The solution works best when aligned with your business goals and the workshops are designed to ensure these are met. During go live we host workshops with all end users to ensure everyone is comfortable with the reports and dashboards. Post project implementation, we will have regular catch ups with your team to ensure they’re using the solution to the best standard.

Will you support us after the project is finished?

Yes! Our product team can be contacted at all times for support and assistance as required. The relationship we build with our customers is very important to us and we pride ourselves on delivering top class support to you as your BI needs change or evolve over time. This is included in the cost of subscription, no additional charge!

What about improvements and upgrades?

The product is continually improved and upgraded as part of our ongoing product development cycle, ensuring customers always have the most up to date analytics as needed in the marketplace.

Is my data safe?

Your data is secured with us. The cloud-based application, and our company is ISO 27001 certified which is the highest certification available. Audits are conducted twice a year by the certification authority. This gives you the assurance that your sensitive data is safe with us.

We are an independent dealership. Can we avail of PriceSmart?

Unfortunately no, our product is catered towards groups of 4 sites or more at this time.

Powering a vast range of dealer groups with industry-leading business intelligence…

"We are transacting our used cars 1-1.5% better vs the market price."

"Our stock turn and overage stock position has greatly improved, too. The rollout was flawless and all members of their team we have come into contact with have been diligent, polite, and efficient."

Craig Petty, Sales Director at Hatfields

Boost your profits up to £300 per car on average.

UK 0808 1890 617

Interested? Let’s talk.

One of our team will give you a call back ASAP for a no-obligation chat.

This field is required
This field is required
This field is required
This field is required
This field is required
Stay In Touch

Keep updated with news, events, and product updates by signing up to our newsletter. By providing your details, you agree to be contacted by us and agree to the terms in our Privacy Policy.

 

Let's talk
Background shape