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Setting Inventory Pricing Review Bookout Defaults

Autosoft -

As part of our Inventory Management product, Autosoft offers subscriptions to several vehicle book providers. Based on your book provider subscriptions, you can select which providers you would like to use for inventory pricing review. 

Note:  You must have a subscription to Autosoft's Bookout and/or Inventory Management products to access and use this feature. 

To set your Inventory Pricing Review bookout defaults, follow these steps:

Step 1. Click the Setup Application button in the left navigation bar. The Dealership Information screen will open.

Step 2. Click the Vehicle button above the Dealership Summary Card. A drop-down menu of options will open.

vehicle_setup_list917.JPG

Step 3. Select Bookout Defaults from the menu. The Bookout Defaults page will open.

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Note:  The Inventory Pricing Review Bookout Defaults card will only be present on this screen if you have a subscription to Autosoft's Inventory Management product. 

Step 4. In the Inventory Pricing Review Bookout Defaults card, use the Compare Providers field to select the providers you would like to use for inventory pricing review. The list includes Black Book, Kelley Blue Book, MMR, NADA, and Autosoft Market Analysis, which is market-based pricing. Click to the left of each of the providers you would like to use. (You must have a subscription to a book provider to use their integrated services.) A blue checkmark indicates the provider has been selected. Unchecking a provider will remove the provider from your bookout application. 

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Step 5. Use the Selected Wholesale and Selected Retail options menus to select the respective default book providers and vehicle conditions for inventory pricing review. The options in these menus will be based on the providers you selected in Step 4. 

inventory_pricing_selected_wholesale.JPGSelected Wholesale

inventory_pricing_selected_retail.JPGSelected Retail

Step 6. Use the Pricing Column options menu to control which price populates the Pricing column in the Inventory Pricing Review screen. The price in this column is updated in the updated vehicle records' Pricing card when a pricing update is performed. Select MSRP, Internet Price, or List Price. 

Step 7. Click Save. A green "Success" message will verify that your changes have been saved. 

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