The Car and Truck Fleet and Leasing Management Magazine

ARI Introduces MV3 New Generation Vehicle Remarketing Pricing System

July 10, 2006

MT. LAUREL, NJ – Automotive Resources International (ARI) introduces MV3, a new system for accurately determining vehicle-remarketing values.Named the MV3 Vehicle Remarketing Pricing System, it gives ARI clients immediate access to up-to-the-minute data on market value pricing through ARI’s ACCESS Web-based fleet management system, which maintains information on more than 1.7 million vehicles leased or managed by ARI and its partners worldwide.ARI clients can generate data from the ACCESS system and identify the real market value of a specific vehicle. Once the ARI vehicle number is entered, MV3 provides the client with up-to-the-minute market pricings to facilitate decision-making. The MV3 system maintains an online history of all price quotes processed on a vehicle. Both the client and ARI can access the data. The system also proactively provides sales tax information collected, based on the state where the vehicle is located.MV3 generates its own “intelligent” price by synthesizing Auction Net data, Black Book Commercial Index values, and ARI’s own sale data to create a true market value. MV3 provides three types of pricing values. In addition to Market Value, the system gives ARI clients a retail value and an estimated resale value to meet their varying pricing needs. The system also provides pricing for imports and light-duty trucks.
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