You’ve asked, we’ve listened: We’re evolving Price Indicator

We’re evolving Price Indicator so you can tell the full value story of your cars.

You asked for greater influence over how your stock is perceived, and we’ve listened. Over the last few months, our teams have been hard at work evolving Price Indicator into a tool that lets you showcase the full value of each vehicle on your forecourt. We will begin the roll out of these changes on Autotrader from the 29th of September.

In this article, we’ll explore:

  • Why we’ve made these changes

  • What’s changing

  • How it will impact you

Build on your feedback

Through continuous feedback directly from retailers, including our newly formed Customer Advisory Group, we’re making changes to Price Indicator. We’ve taken this feedback onboard and completed months of testing with both buyers and retailers to ensure these updates benefit everyone.

So, what’s changing?

We’re introducing new features to evolve Price Indicator to provide buyers with more context around the price of a vehicle so they can have a better understanding of its price point and any additional value your dealership offers.

A new and improved design

We’re moving away from the dial symbol and replacing it with a new label and pricing panel. This provides better context around each price point, showing your price relative to the market and helping buyers understand what the labels represent.

New ‘Key selling points’

You can now list the top 3 things that make your vehicle special - such as a full service history, rare specification options or a new set of tyres.

New ‘Price commentary’

This is a new content area that will appear on the product page under “Seller’s comments' directly alongside the Price Indicator label. Here you can highlight the additional value drivers included in the price, like OEM approved benefits, extended warranties or exceptional preparation standards. Having this additional information displayed right beside the Price Indicator label will make it easier for buyers to better understand the price point of your vehicle.

This content can be templated at a dealership or brand-level, so you can apply it to your adverts instantly.

You will also have access to this feature before the 29th, so you can setup your templates before these new changes will be visible for buyers on Autotrader. Please take the time over the next few weeks to get your templates ready so you are in the best position to highlight the value you offer to your customers.

We’ve implemented these changes based directly off the feedback we’ve received

We want you to be able to give additional context to your pricing, allowing you to spend less time discussing the price and more time discussing the merits of the actual car.

By pairing trusted Price Indicators with these new content areas, you benefit from

Trust built upfront: Transparently showing the why behind your price builds immediate credibility that reassures buyers they are looking at a fair deal, before they even reach out.

More informed buyers: Buyers arrive with a better understanding of both the market position and the extra spec or value included in your price.

More balanced conversations: Giving clear, upfront context helps remove ambiguity, shifting the conversation from a price negotiation to the overall value you provide.

 

How will these changes impact you?

These updates to Price Indicator mean that there will be changes in your Portal. These new updates are easy to navigate, as displayed in the demo below.

Find a full walk through demo here


Head over to portal now to get your templates ready so you are in the best position to highlight the value you offer to your customers

 

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