Thad Sykes, Associate Vice President of Sales at NextGear Capital, sat down with Brad Burns, General Manager at Manheim St. Pete. In the video, they discuss the shift to online auctions and the steps they are taking to accommodate dealers during the pandemic.

When in-person auctions started to close down during the pandemic, many independent dealers found themselves having to quickly adjust to buying and selling their inventory online. Since many dealers had not been big online buyers prior to the pandemic, they didn’t realize how they could enhance their current inventory offerings through these platforms. Not only are online auctions convenient and efficient, but if you know how to leverage them correctly, they can help give you the upper hand whether you’re buying or selling inventory. Check out this blog for tips on mastering virtual auctions.