10+ Best Automotive Inventory Management Systems for Car & Auto Dealers

Automotive inventory management systems are designed to put an end to your inventory management woes. It provides you with an end-to-end solution that streamlines inventory tracking, re-stocking, billing, reporting and beyond. A powerful inventory management software tool includes functions, such as order management, assembly status and management, as well as monitoring. The software also allows you to tag serial numbers on components like car batteries and air filters to keep track of the total quantity. That helps maintain just the right stock each time, every time. Most of the best automotive inventory management tools offer barcode scanning, too, to further simplify your operations. Moreover, a decent system is simple to learn, use, and get started with. It also comes with sufficient customizations, flexibility, scalability and integrations to meet your unique business requirements. If you’re looking for one, this list of automotive parts inventory management software will narrow down your search.

best-automotive-inventory-management-systems

» Our score is based on user satisfaction (reviews & ratings), social media buzz, online presence, and other relevant information. If your software is part of this list, use this badge on your website and social media to let your readers know about your success.

List of Top Automotive Parts Inventory Management Software Reviews

#1

Cox Automotive

#1

Cox Automotive

Transforming global vehicle portfolio management

Cox Automotive is an automotive inventory management systems provider that provides several solutions to manage the logistical, financial, and operational aspects of managing inventories. Cox Automotive Inc concentrates on providing easy-to-design solutions for business enterprises needing an automated inventory management software solution with industry expertise in transportation logistics, manufacturing automation, and fraud prevention strategies.
  • Cox Automotive Inc.
  • United States
  • 1000+
  • 2014
  • Not provided by vendor
  • Yes

Visit Website

3.8 / 5

Our Score96/100

Cox Automotive Review

"Vin Solutions is great for all my staff. They have everything they need to make their jobs more efficient." - Gina C.

Popular

User-Friendly

#2

Fishbowl

#2

Fishbowl

Inventory tracking in the warehouse or out in the field on one, easy-to-use platform

Fishbowl has the best inventory management software which can be used in any size company. The software is user-friendly, scalable, and easy to integrate. Fishbowl provides inventory management software that helps streamline your business, manage sales teams, increase efficiency, improve customer satisfaction and reduce any problems with a modern technology platform. It implements a proactive inventory management system with the help of automation tools that provide real-time data by integrating with Apps
  • Fishbowl
  • United States
  • 50 - 200
  • 2001
  • Not provided by vendor
  • Yes

Visit Website

4.2 / 5

Our Score98/100

Fishbowl Review

"Fishbowl has helped us speed up a lot of our production processes and eliminated a lot of the dedicated labor that would have been needed for manual inventory counts every week. It has definitely given us more time to fine-tune our production processes and focus on growing our company. It allows us to accurately look at our data and where we’re making or losing money that helps us make more informed business decisions for the success of the business." - Lindsay W.

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#3

MAX Digital

#3

MAX Digital

Best Auto Dealer Inventory Management Software

MAX Digital is an automotive inventory management systems provider with a US-based headquarters in the Detroit area. The aim is to make it easier for automotive dealerships to grow their business and save time managing inventory. The inventory management software includes features like shop floor visibility, real-time and historical inventory data, an automated price book, an e-catalog, and a price list. Automotive dealerships can create multiple users within their business and set levels of access to their inventory. Dealerships can also share their inventory with authorized users in the MAX Digital network.
  • MAX Digital
  • United States
  • 50 - 200
  • 2010
  • Not provided by vendor
  • No

Visit Website

4 / 5

Our Score96/100

MAX Digital Review

"Goodart relies on MAX Digital and its portfolio of tools, including First Look inventory management and the company’s Digital Showroom product. “I have tried other programs, and I believe MAX Digital’s are the easiest and best to use." - Metairie

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#4

VinMotion

#4

VinMotion

Best automotive inventory management system

VinMotion is an automotive inventory management system that is designed to help you keep track of your stock and enables you to work with the production departments in a much more efficient way. With this, You will be able to see stocks rise or fall in real-time. You will be able to order parts ahead of time so they are ready when they are needed. It will have much better visibility into what stock is left so that you know where you stand financially.
  • Dealer Specialties
  • United States
  • 200 - 500
  • 1989
  • Not provided by vendor
  • No

Visit Website

0 / 5

Our Score96/100

VinMotion Review

"I’d describe Dealer Specialties as efficient, responsive, and collaborative. The team locally is available on the fly. They can see a process in place and give us courageous feedback. A picture is worth a thousand words, video is worth a million. The DS video product is increasing our used car inquiries." - VP, Chrysler Dodge Jeep Ram Dealership, AZ

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User-Friendly

#5

Sortly

#5

Sortly

Inventory Software Made Easy.

Sortly's inventory management systems are designed to give you the freedom and power to manage your inventory in a way that is better for both your business needs and your budget. The systems can help you track everything from warehouse inventories and expenses to production orders, supplier shipments, customer orders, delivery schedules, shipping labels, and more! It comes with features like a full suite of inventory and sourcing tools, order management tools, a multi-user interface, and much more.
  • Sortly
  • United States
  • 11 - 50
  • 2013
  • Not provided by vendor
  • Yes

Visit Website

4.3 / 5

Our Score98/100

Sortly Review

"Sortly is the best inventory software any business can have to keep track of items, arrivals, restocking and consumed items. I’m very satisfied and it is worth the investment. Thank you!" - Aida

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User-Friendly

#6

FleetWave

#6

FleetWave

Automotive inventory management software

FleetWave is an automotive inventory management systems company based in the United Kingdom. It helps dealers, wholesalers, and distributors to manage their inventory efficiently, whilst also monitoring their sales performance. This way the business can look ahead and identify potential problems before they occur. The software is easy to use, reliable, and simple to maintain.
  • Chevin Fleet Solutions
  • United Kingdom
  • 50 - 200
  • 1990
  • $3.00 /month
  • Yes

Visit Website

5 / 5

Our Score96/100

FleetWave Review

"Before FleetWave, we had different systems in place to perform management functions, and we were generating many spreadsheets to analyze information in our garage database. FleetWave brought everything into one package that’s more accurate and efficient. The management information that FleetWave provides is much better, and its reporting functions give us the ability to track the Key Process Indicators we need to make more effective decisions." - Travis Bruner

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Affordable

#7

DealerSocket Inventory+

#7

DealerSocket Inventory+

Find the inventory ideal for your lot and maximize Profit Per Day™

DealerSocket Inventory+ is an automotive inventory management system that includes an integrated point of sale and back office management module. DealerSocket Inventory+ is a complete eCommerce website that adds value to your dealership by offering the convenience of online car shopping to your customers, reducing overhead costs, and increasing profits. Some of its features include Integrated Point of Sale & Back Office Management, In-Store Credit Application Process, Barcode and Image Upload, Vehicle History Report & Inventory Management Tools, Auto Listing Page, Contact Form, and a lot more
  • DealerSocket
  • United States
  • 1000+
  • 2001
  • Not provided by vendor
  • No

Visit Website

3.6 / 5

Our Score96/100

DealerSocket Inventory+ Review

“I’m able to spend that extra 3 hours in the afternoon finding the perfect inventory with some peace of mind having a pulse on the dealership.” - Titus Weston

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User-Friendly

#8

SkuVault

#8

SkuVault

eCommerce Inventory Management Software For Growing Companies.

SkuVault is an inventory management software company that specializes in ERP and BI for the electronics industry. SkuVault’s inventory management software combines the power of enterprise-level tracking, reporting, and analytics with an intuitive design that gives retailers data at a glance. It provides retailers with business intelligence tools to provide accurate reporting of their sales and inventory data in both real-time and historical form. Its reporting tools allow retailers to see how their business is performing over time, drill down into specific SKUs or departments, or compare themselves against other retailers.
  • SkuVault Inc.
  • United States
  • 50 - 200
  • 2011
  • $329.00 /month
  • No

Visit Website

4.5 / 5

Our Score97/100

SkuVault Review

“SkuVault gave me the relaxation I needed. We can check inventory any time, anywhere, even when our factory is 12 hours ahead and we’re away.” - April Spring

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User-Friendly

#9

vAuto Provision

#9

vAuto Provision

Used Car Dealer Management Software

vAuto Provision is an automotive inventory management system with a web-based interface and comprehensive features that can manage automotive dealerships, fleets, or other types of auto-related businesses. It is the perfect tool for any inventory operator to use to ensure that they are giving their customers the best possible service. vAuto Provision is accessible on both tablets and desktop/laptop computers so you will never be denied access due to device limitations. vAuto Provision has been designed from the ground up with usability in mind.
  • vAuto
  • United States
  • 500 - 1000
  • 2004
  • $495.00 /month
  • No

Visit Website

4.8 / 5

Our Score96/100

vAuto Provision Review

"With vAuto’s Provision, my inventory meets customer demand." - Shaun Del Grande

Popular

User-Friendly

#10

Moiboo Software

#10

Moiboo Software

Best Car Inventory Management System

Moiboo Software is the best automotive inventory management system which is designed for auto dealerships and repair shops. This software manages an inventory of all products in a dealership or shop. With Moiboo Software, the people at the dealership or repair shop will be able to track their inventory easily and accurately. It also has some features that allow them to manage sales as well as production efficiency. Furthermore, its super easy-to-use interface makes this software trustworthy to both management and employees of the dealership or shop.
  • Reach Process Outsourcing
  • Singapore
  • 1 - 10
  • 2009
  • $5400.00 one-time
  • Yes

Visit Website

0 / 0

Our Score96/100

Moiboo Software Review

"Moiboo has helped Motorcycle importer SRG Motorsports in Dubai to manage POS Billing, Inventory and Accounting with a single software." - SRG Motorsports, Dubai

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User-Friendly

#11

Finale Inventory

#11

Finale Inventory

Powerful Inventory Management Software for your Growing Business

Finale Inventory's inventory management software not only helps you to manage your inventory, but it also helps you to pay your staff easily and on time. There is no complicated entry process as well as no subscriptions or contracts. The software takes care of all the time-consuming tasks that having an inventory can take away from your business. These include keeping track of the products in stock, checking if items need to be restocked, identifying low stock levels, handling customer returns, and more.
  • Finale Inventory
  • United States
  • 11 - 50
  • 2009
  • $75.00 /month
  • Yes

Visit Website

4.7 / 5

Our Score98/100

Finale Inventory Review

"Before finding Finale Inventory, we were having major inventory control issues. Managing inventory at our 10 warehouses was a challenge but Finale Inventory's simple, easy to use platform was quickly able to solve all of our inventory control issues. They are a big reason why we continue to move up the list of America's top 500 growing companies." - Mike Ginsberg

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User-Friendly

#12

DealerCenter

#12

DealerCenter

Real solutions you can use every day.

DealerCenter is an automotive inventory management systems software for dealerships. This comprehensive software is a one-stop shop for all of your inventory management needs. With Dealership, you'll be able to access data about the entire dealership, including vehicle information and lot activity, as well as generate reports that keep you up to date on progress. The automotive inventory management system can help save time and money by eliminating the lag time between coming in and getting out with a customer. It also provides much-needed peace of mind through its advanced backup solution that safeguards your data from disaster or theft - ensuring vital information is never lost.
  • Nowcom Corporation
  • United States
  • 200 - 500
  • 1996
  • $60.00 /mo
  • Yes

Visit Website

4.9 / 5

Our Score98/100

DealerCenter Review

"We love DealerCenter! "It is the one stop shop for all my dealership needs." My favorite aspect of DealerCenter is the DMS functionality in terms of managing my inventory and being able be user friendly at the same time is amazing."- Rian Hodge

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User-Friendly

Affordable

#13

MotorDesk

#13

MotorDesk

Dealership Inventory & Stock Management

MotorDesk is an automotive inventory management systems software with an easy-to-use flow chart interface and an intuitive desktop application, that requires minimal IT skill. It helps companies to manage automation in the realization of their automotive inventory & logistics - including their customer service center. Some of the features include: managing inventory resources and vehicle lifecycle, tracking vehicles at the customer service center, providing a visual status of your inventory, and much more.
  • Chief Mechanic
  • United Kingdom
  • 1 - 10
  • 2021
  • £75.00 /mo
  • Yes

Visit Website

5 / 5

Our Score96/100

MotorDesk Review

"We are saving time listing vehicles on multiple platforms and now have one platform that does everything we need it to do. We now have one central place for all our stock and analysis. It links seamlessly with Autotrader and all our social media platforms." - Alex Hayward

Popular

User-Friendly

Affordable

#14

Omnique

#14

Omnique

Automotive Inventory Management Software

Omnique is an automotive inventory management systems company that helps logistics companies, dealerships, and other businesses track, manage and grow their inventory. Monique’s software enables its clients to track all vehicle parts, equips the organization with a digital inventory list within seconds, and eliminates paperwork. Omnique's free-of-charge software makes it easy for small businesses to manage inventory for their entire fleet of vehicles and create an always-updated digital record of every vehicle.
  • CSB Technologies Inc.
  • United States
  • 11 - 50
  • 2006
  • Not provided by vendor
  • No

Visit Website

4.6 / 5

Our Score96/100

Omnique Review

"I set out to create my own customized system and then found Omnique. It has everything I wanted and more. The customer service can’t be beat! Pricing is out of this world and the reliability of the system is rock solid. I can access the entire system at any computer, on the road, home, or at any computer in the shop. Priceless!" - Joe N

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User-Friendly

#15

Ordoro

#15

Ordoro

Your Control Center for Inventory Management

Ordoro inventory management tools provide a variety of tools that will make it easy for you to track your inventory levels and provide customers with statistical data about their orders. From order tracking and fulfillment to real-time integration with Shopify, Slack, Zapier, and Google Sheets—our inventory management tools are the backbone of any business. It helps to Track all your inventory levels in real-time with a single integrated dashboard, Track orders and all the important details about each order. You can Analyze sales information by viewing which products customers have purchased, which ones they have returned, and where they have placed their orders from.
  • Ordoro
  • United States
  • 11 - 50
  • 2010
  • $0 /month
  • Yes

Visit Website

4.8 / 5

Our Score97/100

Ordoro Review

“Ordoro’s order verification process is a key factor that empowers our distribution center team members to consistently exceed the goal of 90% average rate of accuracy in order fulfillment.” - Rafi Nova

Popular

User-Friendly

Affordable

#16

Autosoft DMS

#16

Autosoft DMS

All-In-One Dealer Management System for the Fast Lane.

Autosoft DMS is an automotive inventory management system that helps automate the entire process of managing inventory and materials across different locations. It consists of four accounting modules: stock control, price valuation, sales calculation, and purchase order generation. It tracks the inventory within the car manufacturer's organization. It also has enhanced functionality to support users with additional financial reports related to sales and profits. If you have been looking for an automobile inventory management system, then Autosoft DMS is one of the best available on the market.
  • Autosoft DMS
  • United States
  • 200 - 500
  • 1988
  • Not provided by vendor
  • No

Visit Website

3.5 / 5

Our Score96/100

Autosoft DMS Review

"I haven’t found a Dealer Management System who can beat Autosoft’s customer service, value, or ease of use and yet still offer leading-edge tools." - Matt Peters

Popular

User-Friendly

Automotive Inventory Management Software Buyer’s Guide

The automotive industry is one of the most profitable and massive initiatives. According to one research, in 2023, $104 billion is the value of the car and automobile manufacturing market in the United States only. Although the market took a big hit by the pandemic, it is bouncing back.

No surprise if you want to jump into the automotive business or have already started the business. However, as a business owner, managing the inventory is crucial to keep any business running efficiently.

Your presence here shows that you might be facing an issue with your current automotive inventory management system or, as a startup, might be looking for the best automotive inventory management software.

You are in luck. In this guide, you will find the top auto inventory management software, factors to consider while selecting the solution, its importance for the business, core features, top advantages, and how much it costs.

» What is Automotive Inventory Management Software?

Before you step any further, start with a simple understanding of what automotive inventory management systems are and how they work.

Automotive inventory management software, also known as vehicle inventory management software, is not just about knowing how much inventory a business has. It is all about tracking, sorting, and organizing the vehicles and auto parts from the point they manufacture and delivered to end users.

They are online cloud-hosted tools that allow users to perform inventory management-related processes. These powerful solutions have many top features to offer, such as contact management, workflow automation, customization, invoices & billing management, and visualization.

Furthermore, the tools allow users to capture comprehensive inventory data and store them in a centrally secured place from where users can easily access those data, analyze them, and generate various reports.

» Importance of Automotive Inventory Management for Your Business?

Having over-stock is as bad as getting out-of-stock for auto parts. Hence, efficiently managing automotive inventory is vital.

When auto parts are stored more than requirements, they may go out of trend, become less demanding shortly, and might never be sold. Moreover, some auto parts may take up more space, leaving less room for vital inventory.

When users are unable to keep track of auto inventory and forget to replenish the resources, it might be possible that customers may get out-of-stock messages for their desired auto parts. It may result in a bad customer experience, and businesses might lose potential customers. Losing customers means less revenue generation and low business growth.

Best automotive inventory management systems keep track of all automotive stock and provide real-time updation of changing numbers based on orders, reorders, and returns. Furthermore, users can generate various metrics using the tools’ analytical ability. These metrics can provide actionable insights to forecast the auto parts requirements accurately.

» Best Features of Automotive Inventory Management Software

Automotive inventory management software consists of many outstanding features. Dealers can use these best features to manage their automotive inventory and streamline the workflow. They are as follows:

› Stock Management

The solutions allow users to quickly and effectively add, edit, track, filter, and organize the number of vehicles and other auto parts for seamless management. Moreover, users can get real-time updates on auto parts on demand to satisfy customer demands efficiently. Stock management is one of automotive inventory management systems’ most crucial and core features.

› Analytics and Reports

It is also one of the crucial features of vehicle inventory management software. Using this feature, users can generate many vital metrics, such as financial status, sales history, customer satisfaction, and retention rates. Based on these metrics, users can create reports that can be presented during a weekly, monthly, or quarterly meetings to review business performance. 

› Contact Database

The systems let users create a centrally secured contact database. Here they can save comprehensive contact details like a contact name, email address, contact number, vehicle number, and other vital information. Users can easily access the contact database whenever required.

› Document Management

Using this feature, users can create a secure repository to store all documents, such as sales and service-related documents of vehicles. They can access this repository and create, edit, import, export, and manage all documents effortlessly. 

› Online Retailing

Using this feature, users can securely allow their customers to complete most financial processes online. It improves user experience and boosts brand awareness. However, they must come in person to verify and finalize the order.

› Integrations

The tools support seamless integration with other websites and service providers for various processes. I.e., Third-party integration is required with convenient payment gateways for fetching secure transactions from users.

› OEM Communications

The tools allow running OEM (original equipment manufacturers) programs to provide seamless communication between manufacturers and dealers to best satisfy customer demands and expectations. The programs are not limited to just buying process. They are intended to work as long as the vehicles life.

› Payroll Management

Users can easily track and manage their expenses for employees, like salary, incentives, and other benefits given to employees. It will provide a clearer view of budget expenditure for better visualization. A transparent system may also improve employee satisfaction and increase morale.

› Sales Management

Automotive inventory management systems effectively track, save, and manage sales-related data. Users can access the data anytime for various purposes. For instance, they can generate the sales reports for different timelines, like weekly, monthly, and quarterly to review business performance.

» Top Advantages of Automotive Inventory Management Software

Dealers can leverage the top benefits of auto inventory management software using the best features that the tools provide. Have a look at some top advantages that may need for business growth. They are as follows:

› Built with Advanced Technology

The solutions are cloud-hosted. They allow users to access the data regardless of time and location. Users only require a device with active internet, and they are good to go.

› Provides Robust Security

Automotive inventory management tools stores crucial customer data. If the solutions are hacked, all the precious customer data may get into competitors’ hands. The tools provide robust security against maximum online viruses and threats and prevent online attackers from stealing data.

› Increases Customer Loyalty and Retention

Using the solution’s top features, users can facilitate customers in many ways, like wishing them on festivals & other occasions and reminding due vehicle service dates. It will make them feel special and increase customer loyalty and retention.

› Better Customer Experience

Suppose customers preferred auto parts are unavailable at the moment. In that case, the tools allow customers to add them to the wish list. Customers will get a notification about that whenever that particular auto parts are available. This way, users can enrich the customer experience.

› Easy Accessibility

Automotive parts inventory management software saves inventory data in a centralized place. Users with the credentials can easily access those data as required. They can also share the data if needed.

› Automates Multiple Processes

The solutions enable users to automate many monotomous processes, such as sending notifications and confirmation messages of booking confirmation, vehicle service due dates, and overdue invoices. It saves users precious time that they can utilize to perform other crucial business activities.

› Efficient Order Management

The tools allow users to manage orders efficiently. Users can track, filter, and organize all orders as required. It will simplify and speed up order management processes without missing out on any orders.

› Easily Manage Warehouses

Dealers storing auto parts in multi-warehouses can use automotive inventory management solutions to manage stocks effortlessly. The solution can track the goods and provides dealers with real-time availability.

› Simple and Effective Supplier Management

Dealers with multiple suppliers in their contact list can effortlessly manage and maintain them with auto inventory management tools. They can collect crucial data like supplier information, pre-booking stock orders, invoices, bills, and more in different segments for better visualization.

› Precise Demand Planning

Using the dealership inventory management solutions, users can keep track of their auto parts availability in real-time. It allows users to plan their demands. Leaving no room for overstock and out-of-stock situations.

› Increases Business Revenue

With other advantages mentioned above, such as increased customer loyalty and retention, automation, efficient order management, and accurate demand planning, dealers may stay ahead of their competitors. And increase their business revenue and grow the business.

» 7 Secret Factors to Consider While Choosing the Best Automotive Inventory Management Software (Last One is Crucial)

So many top-notch automotive inventory management software is obtainable in the market with powerful features. Dealers may get confused about which one to choose that best represents their businesses.

Dealers should consider key factors while selecting the best automotive inventory management systems. They are as follows:

› Define Business Requirements

Many powerful automotive inventory management software is available in the market with different subscription plans based on their features. Different sizes of businesses may choose different levels of tools. Hence, before selecting any inventory management software for dealership businesses, one must understand their business requirements to prevent them from selecting the costlier solutions with so many enterprise-level features that one might not need.

› User-friendly Interface

Suppose a dealer has spent handsome money to purchase an excellent dealership inventory management software with advanced functionalities for his/her business. After purchasing it and implementing it in the business, he/she realizes that operating is complex. Rather than increasing productivity, a dealer and his/her employees spend more time learning to use the solution. In other words, a dealer is unable to get the desired ROI. Hence, going for solutions that are less complex and provide a user-friendly interface would be better for businesses.

› Essential Features

Considering startups and small-sized automotive businesses with limited requirements and budgets, auto inventory management software that offers essential features should be the best choice for them. Ensure the systems include crucial features needed to manage the inventory efficiently, like inventory management, workflow automation, customization, and reports & notifications.

› Best Customer Support Service

Dealers might need to contact customer support in many circumstances. For example, suppose they need help installing the solutions. In that case, they might get stuck using some features, or something is amiss with the solutions. Hence, customer support service is crucial to any auto inventory management software. It would be best for businesses to choose automotive parts inventory management software that offers convenient and fast customer support service.

› Mobile Responsive

Automotive inventory management solutions are cloud-based online solutions. Hence, dealers need devices with active internet to access the solutions regardless of time and place. Many dealers nowadays use mobile devices like smartphones and tablets to access solutions to stay up to date with the auto parts inventory status and get critical real-time notifications. Ensure the systems are mobile responsive before selecting.

› Social Media Integrations

With a large active number of users, platforms like Facebook and Instagram have become so popular that many dealers are running marketing campaigns and even started selling on the platforms. Potential customers from social media platforms may start conversations with dealers to get the best deals. Hence, it may benefit businesses to consider social media integration support while choosing solutions.

› Regular Updates and Bug Fixes

Dealership inventory management solutions’ contacts & stock data are the most crucial elements for dealers. Hence, they need a robust security system to stay ahead of their competitors and protect their valuable data from online attacks, threats, and viruses. Moreover, new threats and viruses are developed regularly. Hence, the system needs updated threats and virus databases. Consider solutions that update and fix bugs regularly.

» Automotive Inventory Management Software Costs

Auto parts inventory management software comes in different variants of pricing structure to avail. The solutions’ pricing differs based on many factors, such as the accessibility of features and the number of users who will use the solutions.

The average pricing starts from $3 to $495 per month. Moreover, sometimes dealers may pay yearly and get discounts and perks.

Furthermore, many companies offer lifetime service with collecting one-time subscription charges. The average one-time amount is around $5400 in the market.

There are also some free-of-cost dealership inventory management solutions obtainable in the market with essential features. They might be a good choice for startups and small-sized dealership businesses. However, they may never facilitate your business like other paid tools.

» Conclusion

You need vehicle inventory management software with the best features to stay ahead of competitors and fulfill your dealership business requirements. There are many feature-rich tools available in the market to purchase.

Initially, it might feel like you are paying handsomely for the automotive inventory management software. Still, as your dealership business grows and seeing how beautifully the solution benefits your business, you may realize the investment is worth the money.

If you are still confused about choosing the right auto inventory management solution for your business, you can start with the top solutions provided here.

Frequently Asked Questions (FAQs)

Why Would You Use an Inventory Management System?

Any businesses that want to quickly and effectively manage customer orders, save contact and goods details, sort and filter them, and streamline the workflow would use dedicated inventory management solutions.

What Type of Inventory System Do Dealership Businesses Use?

Dealership businesses often use LIFO (Last In, First Out) for inventory management. It is suitable for lessening annual income tax liability as it reports lower profit and defers income tax.

Do Car Dealerships Use a Perpetual Inventory System?

Yes, many dealership businesses use a perpetual inventory system. It is suitable for high-value items. For instance, the automotive industry. It is used to count inventory frequently.

What Features Should an Inventory Management System Have?

A dedicated inventory management system for any business should have the following essential features to scale the business:

  • Contact management
  • Document management
  • Invoice and billing management
  • Notifications and Alerts
  • Customization
  • Sales management
  • Real-time tracking

Which is The Best Automotive Inventory Management Software?

Below are the top vehicle inventory management tools:

  • Cox Automotive
  • Fishbowl
  • MAX Digital
  • VinMotion
  • Sortly

 

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