virtual Auctions: No Longer A Thing Of The Future

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While some independent dealers were buying online pre-pandemic, the bulk of inventory acquisition was done in-lane. The pandemic pushed the marketplace online and it looks as if it’s there to stay. In a time of ever-thinning profit margins and inventory shortages, if leveraged correctly, online auctions can provide an efficient, profitable enhancement to a dealership’s operation model.

Low Inventory Levels Affect 53% of Independent Dealers

Adding online auctions to your purchasing strategy can help ensure you’re offering consumers the widest array of vehicles possible.

To read more, download our Infographic here.