Dealer onsite auctions have improved in every major operational statistic that we track.
About 40% of dealers in the US and Canada, wholesale cars direct to used car lots, wholesalers and junk yards. But a new trend has emerged, mostly in the NE called the bid sale. Take a look
Not Every Wholesaler Will Bid Exclusively Online, Some Feel the Need to Touch and Drive the Car, Before They Bid. https://youtu.be/LBSIME_tSeg We are positive that an inspection period for wholesale buyers to review and even drive the cars is a critical component to a successful bid sale auction. Not every buyer can afford to make a mistake [...]
How to promote the right people, keep the expenses low and out preform big box auctions! I recently presented Auction Simplified to a large dealer group. While the idea of running their own auction appealed to them, the question of staffing costs came up. Before I knew it, the meeting went off on a tangent onto [...]
"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 [...]
Smart Phones: The Tool of Choice for Used Car Wholesale Managers AuctionSimplified.com reciently concluded a two-month study on wholesale buyers, determining whether or not they are using smart phones or desktops to browse their sites. They found that used car sourcing managers show a particularly strong connection to their mobile devices. In fact, 62% of their buyers are using [...]