A new online auction site, Trader-Net.co.uk, has been launched into the competitive internet auction market.
The new website is only open to the trade, which the company believes will give it an edge against the competition.
The new website allows dealers to list and buy stock and manage that process online. There are no buying, selling or auction fees included.
Trader-net is going after the franchised dealer market, but also has independents in mind, and believes it can compete to become a successful player in the market.
Dealers can use the website to bid in real time and all auction parameters can be personalised, like auction length, starting price, reserve collection time and payment.