Thomson ReutersJune 17, 2013 13:03
By Natasha Baker
(Reuters) - Americans looking to buy a used car can turn to two new smartphone apps that provide wholesale prices, which the app makers say can help them negotiate a better deal.
The apps give the wholesale, or auction value, of a car when it scans the vehicle's identification number (VIN), which is found on the car's dashboard or driver side door.
"Dealers really prey on consumers," said Alexander Kiss, co-founder of New York-based company Green Sky Labs, creators of the Vinny iPhone app.