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
RWA Automotive Retail - PriceSmart

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

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

RWA Automotive Retail - PriceSmart

BuySmart

Buy the right stock. Everytime. 

Sourcing cars effectively is a challenge but our buyer's module, BuySmart, 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

"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

Frequently asked questions

What is PriceSmart, and how does it help automotive dealerships?

PriceSmart is an advanced automotive business intelligence solution designed to help multi-location dealerships achieve high profitability. It uses real-time data, including a dealership’s sales history and AutoTrader metrics, to provide insightful used car pricing suggestions.

How does PriceSmart improve vehicle pricing strategies?

PriceSmart makes sure that used vehicles are priced competitively based on market demand, dealership sales trends, and AutoTrader insights. By utilising these three measurements, our customers can secure higher dealer profitability while also accelerating stock turnover.

What makes PriceSmart different from other pricing tools?

Unlike traditional pricing tools, PriceSmart doesn’t just suggest competitive prices - it consistently optimises pricing strategies to increase dealership profitability. It applies multiple data sources, offers expert-driven pricing reviews, and includes the BuySmart module for smarter stock acquisition.

Who can benefit from using PriceSmart?

PriceSmart is ideal for automotive dealerships, and bigger dealer groups. It helps dealerships maximise profitability.

How does PriceSmart use sales history and AutoTrader data to recommend pricing?

PriceSmart analyses past dealership sales alongside AutoTrader’s market trends to determine ideal pricing. This automotive business intelligence solution identifies which vehicles should be priced competitively for faster sales and which ones can command a premium from customers.

Can PriceSmart help with pricing vehicles that are slow to sell?

Yes, PriceSmart identifies low-performing stock and adjusts pricing recommendations to encourage faster turnover while still maintaining dealership profitability.

What is the BuySmart module, and how does it assist in stock acquisition?

The BuySmart module helps dealerships make data-driven purchasing decisions by evaluating market trends, AutoTrader Retail Ratings, part-exchange data, and workshop vehicle availability. This type of automotive business intelligence solution ensures that dealerships acquire stock that aligns with demand and profitability goals.

Does PriceSmart integrate with existing dealership management systems (DMS)?

Yes, all of our automotive business intelligence solutions are designed to work seamlessly with dealership management systems, ensuring that pricing decisions are based on the most up-to-date inventory and sales data. Please contact us for more information on this.

How long does it take to implement PriceSmart at a dealership?

PriceSmart has a streamlined onboarding process that typically takes around three weeks, from an initial demonstration to full implementation and actionable insights.

What kind of support does RWA Automotive provide for PriceSmart users?

RWA Automotive offers ongoing support for all of our automotive business intelligence solutions. For PriceSmart specifically, we include expert pricing strategy reviews, data analysis, and system updates to ensure dealerships continue to see improvements in profitability.

How often are pricing strategies reviewed and optimised?

Our pricing strategies are continuously optimised, with dedicated experts conducting regular reviews to ensure our dealerships are always making the most profitable pricing decisions.

Can dealerships customise PriceSmart’s recommendations based on their policies?

Yes, PriceSmart allows dealerships to align pricing strategies with their specific business policies and goals while still leveraging data-driven recommendations.

How does PriceSmart ensure data accuracy and reliability?

PriceSmart pulls data from multiple trusted sources, including a dealership’s own historical sales records and AutoTrader insights. It uses advanced automotive business intelligence algorithms to provide precise and reliable pricing recommendations.

Is dealership data secure when using PriceSmart?

Yes. PriceSmart follows strict data security protocols, and RWA Automotive is ISO27001 certified, ensuring that dealership data is protected against unauthorised access.

What kind of profit improvements can dealerships expect with PriceSmart?

On average, dealerships using PriceSmart see an increase of around £300 per vehicle in profitability.

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