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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.

Is CarFax’s Used Car Value Better Than MMR?

2017-01-13T18:54:15+00:00 By |Categories: Featured, Increase Wholesale Car Auction Profit|Tags: , , , , , , , , , , , |

I recommend that you take a look at CarFax’s history based value it is a beta product from Carfax and in my opinion a great tool to have in your appraisal arsenal. We had the pleasure of meeting Carfax at our booth at the NADA conference in April, where they introduced us to the new tool. [...]

Duplicating the Social Aspect of Auctions with Your Online Auction or Bid Sale.

2016-04-20T16:42:24+00:00 By |Categories: Bid Sale Marketing, Featured|Tags: , , , |

Even though wholesale managers groan, and say things like, “I’m off to the auction, AGAIN” and “I barely see my family because I travel so much”, in the end wholesale and remarketing managers might actually enjoy going to the auction. Let’s investigate this further. Gut vs Market Metric: Even though it has been proven beyond a [...]

Top 10 Ways to Promote Your Dealer Bid Sale Car Auction

2016-03-04T13:09:56+00:00 By |Categories: Bid Sale Marketing|Tags: , , , , , , , |

"How do I get buyers to come to my bid sale inspection day?" Just because you hold a Wholesale Inspection Event does not mean wholesale car buyers will show up. Getting the right buyers to come to your auction or bid sale, both in person and online can appear to be challenging.  But it doesn't have to be. Simple, tried and [...]

Car Dealers: “No Sales” Bring More Money Online

2017-01-13T16:58:00+00:00 By |Categories: Bid Sale Marketing, Featured, Increase Wholesale Car Auction Profit|Tags: , , , |

Dealers ship their cars off to auction only to find that 50% go unsold. We even have a special name for this; it's called a “No Sale” or NS for short. So what’s next for that "No Sale" car? Run it again? Ship it off to another auction at additional expense? Wait until tax season and [...]

Do Mega Auto Auctions Give Large Dealer Groups an Unfair Advantage?

2015-10-21T13:04:38+00:00 By |Categories: Featured, Increase Wholesale Car Auction Profit|Tags: , , , , , , , |

Over the last decade, many of the mega auto auction houses have negotiated deals with the larger automotive groups.  Depending on the number of wholesale cars the dealer group brings to auction, the deal can include a combination of the following. They may provide a special lane just for their wholesale cars They may provide lowered [...]

Beyond Simulcast: 7 Questions For Used Car Acquisition Managers

2015-10-02T15:25:24+00:00 By |Categories: Featured, Increase Wholesale Car Auction Profit|Tags: , , , , , , |

Dealers have to expand their horizon to find the "right" cars to feed their inventories. This means visiting a greater number of auctions and reviewing a larger number of vehicles to find the cars that fit their local market. Because of the finite number of hours in a day and the distance between physical auctions, many [...]