Why Online Car Auctions Work For Dealers: A Flexible Marketplace
Welcome back to our top three reasons you should buy online series. We’ve arrived at our third and final reason in this series: our flexible marketplace.
Reason #3 Explained: Flexible Marketplace
No two dealers or cars are alike, so the best wholesaling strategy for your friendly competitor down the road might not be what’s best for you. That’s why, at OPENLANE, we offer a variety of different sale types tailored to meet the diverse needs of our dealers. This adaptability gives power back to dealers, creating more personal choice in what exit strategies your vehicles have, with flexible vehicle auctions to accommodate your busy schedules.
Choice. So much choice.
Simulcast, 45-minute auctions and DealerBlock all feature a wide variety of price points. This gives dealers the freedom and flexibility to source inventory that aligns with not just your budget, but your customers’ budgets.
Our filter capabilities also let you tailor your search to be as broad or as specific as you would like it to be. Dealers can filter by price, year, mileage, vehicle condition, location and more. This flexibility allows you to make confident purchasing decisions while finding the best fit for your lot.
Time back for retail.
With sales types like Simulcast, 45-minute auctions and DealerBlock, buyers can bid and buy vehicles anytime, anywhere.
Need to keep track of your options? Our 45-minute auctions allow buyers to view vehicles before the sale in our Upcoming tab, while Simulcast lets buyers download the run-list beforehand, helping streamline the auction process.
Enjoy the thrill of live weekly auctions but not the hassle of travel? Simulcast has your back, combining digital speed and convenience with a weekly schedule that allows you to build a sourcing routine that fits your dealership’s rhythm. Simulcast allows you to drop in and out of multiple different auctions with live bidding and most of the inventory is sourced from one of our 14 vehicle logistic centres.
With our features like “Buy Now” on DealerBlock, dealers don’t have to wait to go after the vehicles they want. There are no auction start times — just inventory that is ready when you are.
With less time spent on buying vehicles for their lot, dealers can reclaim valuable time and focus on what they do best, selling cars and growing their business.
Ready to make wholesale easy?
For any questions, give us a call and one of our team members will be happy to help.
888-260-4604
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