The Topdown Calculation in CarCollect allows you, as a buyer or seller, to calculate the maximum amount you can pay for a vehicle or the revenue a vehicle needs to generate to achieve your desired profit margin. It helps you make better-informed bidding and pricing decisions by taking different costs and expected revenues into account.
The Topdown Calculation is available as a separate app within CarCollect. Would you like to use it? You can request access through CarCollect Support.
What is the Topdown Calculation?
The Topdown Calculation is a tool that provides insight into the financial aspects of a vehicle transaction. It allows you to take factors such as the expected selling price, additional costs and desired profit margin into account.
As a buyer, you can use the calculation to determine the maximum amount you can bid while maintaining your desired margin. As a seller, you can use it to understand what revenue you need to achieve with a vehicle.
How do I request access to the Topdown Calculation?
The Topdown Calculation is not automatically available to every user. You can request the app as follows:
Contact CarCollect Support via support@carcollect.com.
Indicate that you would like to use the Topdown Calculation.
If applicable, specify which users within your company should have access to the app.
CarCollect Support will assist you with your request and activation.
How do I use the Topdown Calculation?
Once the app has been activated for your account, you can open it within CarCollect.
Enter the relevant amounts and costs required for your calculation. These may include the expected selling price, additional costs and your desired profit margin.
The calculation will then provide insight into the amount you can bid or the revenue you need to achieve your desired result.
What are the benefits?
Better insight into your profit margin: understand the financial room available for each vehicle.
More informed bidding: as a buyer, you can determine a bid that fits your desired return.
Well-founded pricing decisions: as a seller, you can compare your desired revenue against the associated costs.
Save time: calculate more efficiently without having to work everything out manually.
Need help?
Would you like to request the Topdown Calculation or do you have questions about how to use it? Contact CarCollect Support via support@carcollect.com. We will be happy to help.