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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.

Car Dealers: “No Sales” Bring More Money Online

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 [...]

Beyond Simulcast: 7 Questions For Used Car Acquisition Managers

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 [...]

Hey Dealers: NO-SALE Bidder Fatigue Impacts Sell Rate at Auctions

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To Sell or Not to Sell that is the Question? There’s a debate going on with managers representing cars at auction. It concerns the battle over sell rate (also known as sell through) vs wholesale profitability and its impact on buyers. It has been described by industry insiders as the great problem with the modern used [...]

Reduce Photo Size for Faster Upload to Your Auction Software

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Don't Burn Through Your Data Plan. I love using my iPhone to take photo's and video of the cars we are posting to our AuctionSimplified.com dealer auction software and wholesale marketplace. The only problem is the default resolution of my phone camera is 8 megapixels. If you are on a Samsung or other Android devices, it [...]

Title Attached, A Bad Idea for Wholesale Profit

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Title Attached/Missing/Lien a  Detailed Definition Title Attached. New dealers/wholesalers are often confused about what “Title Attached” means.  It actually means that the title is NOT present at the time of the sale. This means the selling dealer has the title but it is not on hand at the time of the auction, usually at another dealership [...]

Velocity Approach to Wholesaling Cars.

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Apply the Dale Pollak, Velocity Retail Approach to Wholesale Cars I have been a fan of the Dale Pollak (@vAuto) velocity approach to selling used cars since my days as Director at West Herr where we applied his approach vigorously to our retail used car operation. His book basically suggests that we get our trades processed [...]