SOURCE: DealShield

DealShield

January 23, 2015 12:47 ET

DealShield Launches Vehicle Sourcing Training for Wholesale Vehicle Buyers

Certified Buyer Program to Educate on Risk Mitigation When Purchasing Auction Vehicles

ATLANTA, GA--(Marketwired - January 23, 2015) - For wholesale vehicle buyers, there are inherent risks associated with every automobile purchase. DealShield announced today the launch of its Certified Buyer Program, a series of training modules designed to educate and inform buyers of the risks across the vehicle sourcing timeline and ways to mitigate those uncertainties.

"By participating in the Certified Buyer Program, buyers should gain better understanding of all the tools available to mitigate risk during purchase at auction," said Brett Woods, senior director at DealShield. "These tools, including DealShield products, enable dealers to focus their time, money and energy on buying and retailing the best vehicles for their inventory."

DealShield's Certified Buyer Program comprises five modules designed around the phases of the Vehicle Sourcing Risk Landscape(SM). The first four modules will take buyers through the various phases of sourcing, from research to retailing, and review the different risk mitigation opportunities. They will also objectively look at the pros and cons of each method so buyers get a full, unbiased understanding of risk mitigation.

The fifth and final module will provide advanced training on how DealShield products can be used to not only mitigate risk on individual vehicles, but also to manage inventory levels and positively impact the bottom line. Buyers who complete all five modules will receive a certificate of completion.

Buyers who also become DealShield 360º customers will earn Certified Buyer status, which offers benefits such as discounted rates, access to special products and services, a personal DealShield relationship manager and custom marketing materials. DealShield's Purchase Protect and other guarantee products enable buyers to eliminate costly mistakes, protect against unknowns and gain greater peace of mind.

DealShield will hold introductory Certified Buyer Program seminars at Manheim auction locations throughout the U.S during 2015. The first session is scheduled for Thursday, Feb. 19, at the world's largest auction facility, Manheim Pennsylvania.

"We're thrilled to be partnering with DealShield and hosting their first Certified Buyer Program seminar at our location," said Julie Piccard, vice president and general manager at Manheim Pennsylvania. "The risk mitigation techniques taught through the program are invaluable for wholesale buyers who need to make quick, yet smart, sourcing decisions at auction."

For more information about the Certified Buyer Program, visit the DealShield team within the Manheim booth (#1807S) at the National Automobile Dealers Association (NADA) Convention & Expo in San Francisco, Jan. 22-25. 

About DealShield

DealShield, a Cox Automotive company, provides inventory risk management products and services to the wholesale marketplace. The DealShield® Purchase Protect guarantee allows customers to return a vehicle -- for any reason, at any Manheim or BSC America location, for up to 21 days -- and receive a 100 percent refund of the purchase price and buy fee. Since its 2012 launch, DealShield has protected more than $1.5 billion in vehicle purchases. To learn more about DealShield, please visit dealshield.com. To contact DealShield, call 855-246-5556 or email support@dealshield.com

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