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INFOGRAPHIC: How to Build the Perfect Condition Report for Your Auto Auction

[fusion_builder_container hundred_percent=”no” equal_height_columns=”no” menu_anchor=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” background_color=”” background_image=”” background_position=”center center” background_repeat=”no-repeat” fade=”no” background_parallax=”none” enable_mobile=”no” parallax_speed=”0.3″ video_mp4=”” video_webm=”” video_ogv=”” video_url=”” video_aspect_ratio=”16:9″ video_loop=”yes” video_mute=”yes” video_preview_image=”” border_size=”” border_color=”” border_style=”solid” margin_top=”” margin_bottom=”” padding_top=”” padding_right=”” padding_bottom=”” padding_left=””][fusion_builder_row][fusion_builder_column type=”1_1″ layout=”1_1″ spacing=”” center_content=”no” hover_type=”none” link=”” min_height=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” background_color=”” background_image=”” background_position=”left top” background_repeat=”no-repeat” border_size=”0″ border_color=”” … Read More

August ’17 Bid Sale Auction Performance Report

Dealer onsite auctions have improved in every major operational statistic that we track. 

Why this year is a good time to buy a used car

By Kathleen Burke, www.marketwatch.com View Original March 11th, 2016 Photo by: Getty Images People are leasing more cars than ever before, and used car shoppers are benefiting. New car sales rates have increased 68% — from 10.4 million in 2009 to 17.5 million in 2015 — since the recession, leading … Read More

Top 10 Ways to Promote Your Dealer Bid Sale Car Auction

“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 … Read More

The Proof is in the Profit. Auction Transparency Works

“Transparency” was, and still is, a common buzz word at car dealerships. The idea that, if you show the facts to your retail customers they will respond favorably towards your dealership and ultimately buy from you. It has been proven that customer loyalty is directly related to the honest treatment … Read More

Tax Season: Early Start, A Big Deal For Used Car Dealers

Winter… the new spring market The spring market can represent as much as 50% of an independent used car dealer’s business for the year. Why? Because it’s the time that consumers receive tax returns which help with down payments. For many dealers, they kick in their marketing and stockpiling for the … Read More

Black Book data, car values fell $40

According to Black Book data, car values fell by 0.33 percent or $40 last week, while truck values dropped by 0.36 percent or $62. Last week, all the car segments Black Book tracks had higher week-over-week depreciation rates, except for the prestige luxury segment, which remained stable. The near-luxury car … Read More

Auction Simplified: Wholesale Auto Buyers a Mobile-Savvy Group

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, … Read More

Car Dealers: “No Sales” Bring More Money Online

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 … Read More