We’ve been talking all month about some of the many benefits of TelematicsPlus, Sandhills Global’s free fleet management, valuation, and sales portal. A cutting-edge aggregator of mixed fleets’ various telematics systems—rather than a telematics provider itself—TelematicsPlus helps you upload your machines into the Sandhills Cloud in minutes, not hours or days. The mobile-friendly app also gives you free access to FleetEvaluator, the most accurate, primary-source valuation tool the industry has ever known.
TelematicsPlus has yet another “killer app,” as it were: It lets you put up trucks, trailers, and equipment for retail sale or auction with just a few clicks. The power of Machinery Trader, TractorHouse, Truck Paper, AuctionTime, and more are at your fingertips at all times.
Using machine data provided by your telematics provider(s), TelematicsPlus continually updates fleet info such as location data and operating hours in Inventory Management. This means that when it’s time to sell a piece or a group of assets, you don’t have to update that information manually before you advertise. TelematicsPlus supports an ever-growing list of telematics providers and fleet management tools, including JDLink (John Deere), VisionLink (Caterpillar), and many, many others including new additions such as CyntrX.
Also, thanks to FleetEvaluator, you’ll have up-to-the-minute market values on much of your inventory. Using actual selling prices from Sandhills’ trade sites and third-party sales from coast to coast, FleetEvaluator excludes outliers that could skew its results. It then runs the cleaned set of data through a complex algorithm to factor in more than 60 market influences, including seasonal data, policies and regulations, options and attachments, geographical location, and more. The resulting market and auction values on your inventory in TelematicsPlus give you the most precise starting points for your asking prices or auction result expectations.
An exciting new tool coming to TelematicsPlus will help you determine the optimal time to click the Sell button for the greatest return on your equipment. FutureCasting, the latest innovation from Sandhills’ data scientists, leverages an immense trove of market information and finely tuned predictive modeling to forecast an item’s likely selling price over the course of the next year. Presented in comparison with a linear depreciation rate of your choosing, FutureCasting assists you in determining the most profitable time to sell your equipment.
FutureCasting is coming soon to TelematicsPlus, initially for sleeper trucks and day cabs. As support for more machinery categories are added over time, this impressive new development will especially interest rental companies. Ask your Sandhills rep for more information, and visit TelematicsPlus to begin enjoying its many benefits today.