The Future of Vehicle Remarketing

Morten Holmsten, January 2017

big data help vendors optimize their

remarketing process?

How will

Morten Holmsten

Global Sales Director

AUTOROLA Group is divided into three global business units:

SOLUTIONS

Customized solutions to fleet

owners covering the specific needs

in OEM, bank and leasing

segments all over the world

MARKETPLACE

Wide range of online auctions

for European and global vehicle

vendors driven by our platform

used by over 70,000 active

buyers

INDICATA

The next generation of

business intelligence and

market insights software for

the management of used

vehicle inventories

Our BUSINESS UNITS

Big Data in 2017

Big Data in 2017

Collect Clean Structure Use Evaluate

How to work with big data ?

Collect data

”Working with data collected on the internet needs a lot of cleaning”.

The 20 most shared

true stories were

shared/commented

7.367.000 times

The 20 most shared fake

stories were

shared/commented

8.711.000 times

Cleaning data

How many times have you seen a car presented as

2013 which were a 2011/12?

Can you always trust equipment, engine size and

mileage?

Are cars removed when sold?

Cleaning data

Structuring data

Use data

• Tools for Residual Value

forecast

• Historical sales figures

• Total market share

• Expected damage

costs

• Tools for Monitoring running

fleet

• Realtime value of vehicles

vs. Book values

• Predict earnings/losses

• Respond proactive on

contracts with wrong

mileage

• Tools for deciding Sales

Channels

• Geographical deviations

• Price differentiations

• Whole sale vs. Retail

• Tools for Evaluating

Results

• Actual prices vs.

Marketprices

• Actual prices vs.

Estimated residual

values

• Turnrates vs. Market

turnrates

”In the future Big Data will

be able to tell exactly which

buyer will pay the most, for

a specific vehicle”. Will this

be the end of Auctions ???

Next step

The future of

vehicle remarketing

is here. www.autorolagroup.com