Expanded Black Book Data Integration with CarWiser® Xchange Streamlines Auto Acquisition for Dealers

Lawrenceville, GA, February 2024 — Black Book, a leading provider of automotive data analytics and insights, is proud to announce its expanded integration with CarWiser Xchange, a robust platform and tool empowering auto dealers with unprecedented access to consumer cars. CarWiser, a renowned player in the automotive marketplace, champions a new era in vehicle acquisition efficiency and dealer consumer engagement by connecting consumers with dealers via the CarWiser.com instant, multi-offer marketplace.

CarWiser Xchange revolutionizes dealership operations by enabling consumers to receive instant vehicle offers.

“The platform receives extensive vehicle descriptions from consumers and by leveraging API technology instantly matches them to dealers, who can set up the tool to automate offers and specify their most desired vehicles.” said Patrick Howell, CEO of CarWiser.

CarWiser Xchange uses Black Book’s enhanced vehicle matching and history adjusted valuations to empower dealers to maximize their profits.

This collaboration allows dealers to generate offers even while offline, fostering a seamless and efficient method to expand their inventory from local sources. CarWiser’s solution is not only accessible but requires minimal intervention post-setup. Account managers or dealers themselves can effortlessly configure parameters such as brand, year, and mileage, after which the system autonomously facilitates inventory acquisition through its software-as-a-service (SaaS) model.

Notably, CarWiser Xchange does not require the dealer to purchase the car, even after the offer is accepted. Once a consumer accepts a dealer’s offer, the consumer must still bring the car for inspection, at which point the dealer can modify or withdrawal their offer.

Additionally, Microsoft Autos has partnered with CarWiser both as a consumer vehicle supplier and distribution partner for CarWiser Xchange. Dealers in the future will be able to access consumer inventory as well as other key Microsoft Autos services from VDP listings to premium advertising.

By enabling direct consumer engagement, CarWiser Xchange encourages a significant increase in high value inventory-sourcing from consumers.

“Black Book's integration into CarWiser's state-of-the-art platform underscores our commitment to pioneering solutions that prioritize both dealer efficiencies and consumer experiences,” said Jared Kalfus, President, Black Book.

For more information about the CarWiser Xchange platform and Black Book's integration, please visit https://www.carwiser.com/.

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About Black Book:

Black Book® is a leading provider of automotive analytics and vehicle valuation solutions, delivering precise, actionable data to the auto industry for over 60 years. Professionals from dealerships, OEMs, lending institutions, and more rely on Black Book for the most accurate pricing and performance insights.

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About Carwiser:

CarWiser® is a national, AI-powered, multi-offer online marketplace enabling dealers to acquire high value consumer used inventory - efficiently and cost effectively. Consumers are presented with offers online instantly (within seconds) after submitting a vehicle description to CarWiser.com. CarWiser makes it easy to compare and choose offers, receiving fair values and convenience.

To learn more about CarWiser, please call (619) 268-5400, email info@carwiser.com or visit www.carwiser.com.

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About Microsoft Autos:

Microsoft Autos revolutionizes the vehicle ownership journey with a seamless approach from a cutting-edge marketplace to the personalized MyGarage, driven by AI. Beyond a vast inventory, the Microsoft Autos Marketplace integrates seamlessly into the Microsoft ecosystem, offering an unparalleled car shopping experience. The innovative Microsoft Autos Dealer Program creates a symbiotic relationship, granting dealers unprecedented access to a curated audience.

This commitment to empowerment cements Microsoft Autos as a leader in reshaping the automotive retail landscape, inviting dealers to join the growing community at dealers@microsoft.com.