TradeRev brings Pro version to market

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TradeRev is enhancing its offering and unveiling a premium version of its mobile vehicle appraisal and auctioning system for dealers

Dubbed TradeRev Pro, the second tier will serve as the foundation of the new TradeRev and offer a “new era” of premium services, explains company president and co-founder, Mark Endras.

Until May 31, all customers will be upgraded to TradeRev Pro once they update the app on their devices and will have access to new features including advanced research, analytics on every running vehicle, vehicle smart lists, customizable virtual lanes, funds guaranteed within 72 business hours of transaction completion once title/ownership is received and liens are cleared, in-app post-auction negotiation function and unlimited no-charge private trading networks.

“We constantly explore new technologies and listen closely to our dealers, which enables us to evolve and fine-tune our systems to accomplish maximum accuracy, efficiency and transparency,” Endras said in a release this week.

In addition to TradeRev Pro, the updated TradeRev boasts a new design, a host of new features and multilingual support in Spanish in addition to English and French.

TradeRev hit the market in 2009. It formed a strategic partnership with ADESA when the auction company acquired a 50 per cent stake in the company in August 2014.

Bolstered by ADESA’s support, TradeRev embarked on an ongoing expansion into the U.S. and in Canada. The company has a physical presence in a number of ADESA Canada auctions.