Private Vehicle Acquisition Strategies With Tom Gregg

Tom Gregg is the Founder and CEO of Vehicle Acquisition Network (VAN), a proprietary software that helps dealers acquire private party vehicles by connecting them directly to private sellers. Tom's automotive experience began as a porter and evolved through several manager and director roles at dealerships in the Midwest. His entrepreneurial spirit soon outgrew his dealership journey and he began focusing on software development for the automotive industry. Tom brings confidence and mentorship to his team and always strives for the perfect balance of team culture, smart software development, and constant learning.

As the automotive space evolves, dealerships are seeking easy ways to acquire inventory. Private-party vehicles are an affordable option for dealers to source new cars. So what do you need to know about this acquisition strategy? 

Private vehicle acquisitions provide great opportunities for dealers to find high-value cars with large profit margins and fast returns. They are also a great way for dealers to connect with potential customers. According to Tom Gregg, buying cars directly from car owners increases a dealer's competitive advantage and boosts brand loyalty.

In this episode of the InsideAuto Podcast, Ilana Shabtay interviews Tom Gregg, the Founder and CEO of Vehicle Acquisition Network, about private vehicle acquisition strategies. They also discuss VAN's partnership with vAuto and Tom's predictions for the automotive space in 2023.