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Disrupting Big Box Auto Auctions: 8 Reasons why Wholesale App’s are Gaining Momentum

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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

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

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 … Read More

Price Drops at Auction, Expect more of the same next week?

According to the latest edition of Black Book Market Insights, overall prices for cars at auction dropped by 0.62 percent or $73 last week, which was higher than the average declines seen over the previous four weeks. Trucks, on the other hand, saw values fall by just 0.27 percent or … Read More

On-Board Diagnostic Codes For Online Auctions

Dash Light is on: How Do I Explain This to my Auction Bidders? So the car you are trying to sell at your dealer auction has the engine warning light blinking. It can mean trouble for the person (bid sale attendant) trying to merchandise this car online to their wholesalers. … Read More

Where’s my Manager? M.A.A. MISSING AT AUCTION

Closed for Business Last Tuesday I drove down the used car golden mile of Buffalo NY, a street called Delaware Ave. If you’re not from the area, there are about 20 successful used car lots within a few miles. After my fifth stop without finding a soul, I realized that … Read More