Avto.ru Business has launched a new tool for dealers – the credit potential of cars. The tool will help assess the likelihood of further resale of a used car on credit. This was reported to RB.RU by the company’s press service.
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With its help, the seller will be able to more accurately predict the accumulated margin even at the stage of purchasing the car, which ultimately directly affects the dealers’ income.
The assessment is carried out using a neural network, which service specialists train using data from credit brokers and information on collateral from Avto.ru reports. When evaluating, the AI takes into account the make, model, driving, mileage, year of manufacture, generation, etc. Next, for each car the probability of selling it on credit is calculated. For a more accurate forecast, distributors can transmit data about their credit sales history; The neural network will also take into account the sales history statistics received and offer a personalized evaluation for a specific seller.
The tool is available to dealers in their personal account “Avto.ru Business” on car cards. The ability to view credit potential is not charged separately; It is available to all platform clients.
Author:
Karina Pardaeva
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
