Friday, Apr. 22, 2022, 12:30 PM
Former Cox Automotive analyst Zo Rahim, who is aware a detail or two about the utilized-motor vehicle sector, has launched a new platform and marketplace concentrated only on accredited pre-owned motor vehicles.
CPyO (which Rahim points out is pronounced SEE-PEE-YO) is a desktop answer that is developed to support dealers raise visibility of their CPO units for sale, aid automakers increase recognition of their licensed applications and give individuals additional assurance in shopping CPO.
CPyO has released in Atlanta, with plans to expand in the next quarter. The business describes the system currently resembling a “search engine bringing jointly CPO listings made available by many brands.”
The program is to broaden it and enable sellers and OEMs to checklist and market place CPO motor vehicles, serving to them goal a market team of people particularly searching for licensed cars.
“With around 3 million sales per yr, licensed pre-owned automobiles perform a critical purpose in the made use of retail market,” explained Rahim, who is CPyO’s founder and main govt officer, in a information release.
“CPyO offers a new way for makes and dealers to spotlight their CPO solutions and interact with a escalating tech-savvy and finances-acutely aware consumer base learning extra about CPO each individual day even though experiencing affordability and provide problems from the broader retail industry,” he reported.
CPyO aims to make it possible for for immediate and/or distinctive licensed auto lists and also designs to insert developed-in car or truck comparison applications for buyers, the organization reported.
“While we are psyched about this start, we are even far more fired up about our roadmap,” Rahim said. “We are hunting forward to boosting our choices to brand names, dealers, and consumers for a robust and straightforward way to examine the planet of CPO. Working with condition-of-the artwork-systems and an innovate solution to the applied retail current market, CPyO is completely ready to offer you the industry an unparalleled answer.”
Much more information can be identified at cpyo.co. And stay tuned for an upcoming episode of the Car Remarketing Podcast, the place we will converse with Rahim about CPyO in much more element.