LOOKING FOR BID SALE AUCTION SOFTWARE?

We highly recommend Auction Simplified which not only has great bid sale software they also teach their dealers how to hold world class successful events.

Tips and best practices for profiting from your dealer run auction.

Online Auction by Auction Simplified

By |Categories: Bid Sale Marketing, Increase Wholesale Car Auction Profit, Online Auction Listing|Tags: , , , , |

AuctionSimplified.com Auction Fees Buy Fee's from $50-150 Seller Fee $0 Auction Features Online Silent Bid (bid sale) Online Dealer Internal Bid (for dealer groups to hold an internal auction Online Lane sale pre-listing with starting bid Online Open Bid Make an Offer Buy it Now Free to sellers Robust Condition Report Integrates to existing inventory tools Unlimited [...]

Auction Photos, Focus on the flaws not the cheese.

By |Categories: Increase Wholesale Car Auction Profit|Tags: , , , , , |

Auto wholesalers are very different from retail buyers. All they want are the basics of the car and photos of the flaws and a well thought out condition report. So merchandising for wholesale can be quite a bit easier. You don’t have to take 40-60 photos or write a Shakespearean level description, instead keep it to the [...]

Don’t Lower Profits By Adding Accessories

By |Categories: Increase Wholesale Car Auction Profit|Tags: , , |

Adding accessories to an already distressed or aged car can actually backfire on the dealer. In my opinion the return is only equal to the value of the added item and in most cases lowers your SRP’s (Vehicle Search Results Pages) because it raises the price above other similar cars in your market. Dealers like to add [...]

Only Accept Certified Check or Floor Plan at Your Auction

By |Categories: Increase Wholesale Car Auction Profit|

Certified Checks or Floor Plan only. SOLUTION TO AUCTION PITFALL #2 (Bad Checks) At first, it is critical to establish your auction rules. We recommend when you write those rules to let wholesalers know that you only accept certified checks unless you have an established relationship with the wholesaler. At minimum hold the title paperwork until [...]