Data-driven approach to upstream remarketing promise to take the guesswork out of managing inventory.
Based in Atlanta, Georgia, and with offices in Germany, the U.K. and Canada, RMS Automotive offers a platform that the company says enables commercial consignors to manage the complete vehicle lifecycle—from new car build to used car sale—as well as enhance the value of their remarketing inventory.
“RMS services set the industry’s gold standard,” said Nick Peluso, President of RMS Automotive. “We’re driving an OEM migration and causing others to play catch up. This trend is reinforced by our recent wins and milestones with BMW, Honda, Mercedes-Benz, Nissan, Porsche, Toyota, Volvo and others.”
RMS provides VIN-specific recommendations for vehicle pricing, along with reconditioning and inventory distribution across physical wholesale auctions. The company promises “real-time integration with a client’s platform, faster remarketing time, reduced depreciation/cost of capital, improved residuals and reduction in wholesale losses. And it is all done though a single point of management, which helps clients minimize risk and maximize ROI.”
“We’ve stimulated a paradigm shift in the automotive industry, guiding OEMs to rely more on data analytics to drive their decision-making instead of only trusting their gut,” added Peluso. “Our scientific approach to vehicle remarketing—backed by RMS’s unique team of data scientists and analysts as well as access to Cox Automotive’s proprietary wholesale and retail data—is a real game changer.”