In the dynamic landscape of the automotive industry, the prominence of used vehicles has escalated, attracting attention from industry experts who stress the critical role of OEM Build Data.

Experts emphasize the pivotal importance of OEM Build Data in navigating the intensifying competition within the used-vehicle sector. They highlight the necessity for dealers to enhance the precision and accuracy of their analysis when making crucial buying and selling decisions for their used inventory. The complexity of today’s vehicles, particularly with the advent of Advanced Driver Assistance Systems (ADAS), poses challenges in accurately identifying and describing their features.

However, there’s a positive shift underway. Advances in data sharing and analytics are enabling dealers to access a more comprehensive understanding of each vehicle’s attributes. OEM build data, in particular, is emerging as a valuable resource, offering detailed information about manufacturing option codes assigned to specific VINs. When coupled with basic catalog data, OEM build data paints a precise picture of a vehicle’s equipment from the factory floor.

Industry providers offer access to OEM build data, enriching dealers’ descriptive capabilities. By leveraging this data alongside catalog information, dealers can offer customers a thorough insight into a vehicle’s specifications.

Recent collaborations have further strengthened the industry’s ability to forecast vehicle demand and make strategic decisions. By combining resources and technology, industry entities aim to enhance value for clients and shape the future of the global automobile industry.

As the automotive landscape continues to evolve, the significance of OEM build data in the used-vehicle market cannot be overstated. It serves as a vital tool for dealerships striving to meet the demands of an increasingly discerning customer base and navigate the complexities of today’s automotive ecosystem.