Articles centered around the use of a silent auction also known as a bid sale to wholesale your used cars profitably.

Top 10 Ways to Promote Your Dealer Bid Sale Car Auction

2016-03-04T13:09:56+00:00By |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 [...]

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

2015-10-21T13:04:38+00:00By |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 [...]

Reduce Photo Size for Faster Upload to Your Auction Software

2015-07-20T14:27:28+00:00By |Categories: Bid Sale Marketing|Tags: , , , , , , , , , , |

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 [...]

Auction volume up by 7% YTD

2015-07-20T11:57:32+00:00By |Categories: Auction News|Tags: , , , |

 As used prices fell 2.5 percent last month, auction volume was on the way up, perhaps playing a role in the continuing depreciation being seen in the auction lanes. According to the latest Guidelines report from NADA Used Car Guide, auction volumes of used cars up to 8 years old reached almost 317,000 units in June, [...]

June 2015 was 2nd best increase in auction volume

2015-07-20T11:57:33+00:00By |Categories: Auction News|Tags: , , |

Auction volume was up more than 8 percent year-over-year in June, and year-to-date figures continued to hold strong, according to the latest Economic Dashboard from the National Auto Auction Association. Specifically, the tally for the month of June climbed 8.3 percent against comparable weeks of 2014. Auction volume for the first half of the year was up 7.3 percent [...]

5 Ways Attract Millennials to Your Dealer Auction

2015-07-20T11:59:44+00:00By |Categories: Increase Wholesale Car Auction Profit|Tags: , , , , , , , |

When Ben Lima went looking for used cars for his single point used car lot in Southern New York, he did what any good Millennial would do - He went online. As a 26-year-old, Lima has purchased wholesale cars hundreds of times but not in the traditional way. As the youngest of a three generational used [...]

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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.