Wholesale Auction and Trade
As a retail business model, dealerships heavily rely on the right inventory sourcing strategy. Dealers can turn to Wholesale Auction and Trade platforms to offload slow-moving vehicles and stock high-opportunity vehicles that are not available locally. While traditional wholesale companies run infrastructure-heavy auctions in regional markets, new solution providers use mobile technology with robust digital vehicle merchandising capabilities and extensive vehicle data to move the auction online. Wholesale Auction and Trade providers can also handle the vehicle inspection, financing or payment options and contract processing, and transport and delivery.