The new product, called Dealer Advantage, uses a series of reports which will allow dealers to compare their performance against others in the franchise network.
Darren Wiseman, managing editor at CAP, said: ‘Working with Portfolio Europe we have been able to build a unique product which directly answers the questions franchise used car professionals ask every day.’
The reports are compiled using data from the used car market.
Mike Pilkington, managing director of Portfolio, said: ‘Used car operations are becoming important for franchise dealers and can be profitable. Dealer Advantage will give used car managers the information they need to buy more effectively.’