Subscription Vehicle Pricing Algorithm

Industry leading pricing intelligence for your car subscription service

Subscription pricing automated based on the condition and type of vehicle being offered for subscription. This is regularly benchmarked against competitive offerings and consumer demand to ensure that pricing is reflective of market conditions and the desired profitability of the Loopit client.

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Plan and price to achieve your profit goals

Your business model, your subscription plans and pricing. Let us help you determine appropriate plans and pricing based on the condition and type of vehicle with our pricing algorithm. We benchmark against competitive offerings and consumer demand to ensure pricing is reflective of market conditions and leads to profitable returns.

Control the algorithm to suit your pricing

Leverage our algorithm by adjusting pricing mechanisms that aligns your car subscription program with your desired business model and market positioning.

Frequently asked questions

How does the Loopit pricing algorithm work?

Loopit was derived from a bespoke online car dealership platform, where we spent more than five years building and refining an online vehicle pricing and quotation algorithm. The Loopit subscription pricing algorithm is an extension of this technology and has been designed to yield consistent return on investment for your vehicle subscription service.

Can I override the Loopit suggested pricing?

Yes, all suggested pricing is entirely configurable either per vehicle, or per vehicle type and category.

Can I change vehicle pricing during a subscription booking?

Yes, while you are assisting a customer to create their car subscription, your team will have the ability to override the suggested Loopit vehicle pricing during the booking process.

Recurring BIlling & Payments