Click2trade, a new online vehicle auction platform, has launched in the UK following a year of operation in Holland as BAS.
It allows any size of franchised, or independent, dealership to have its own in-house trade auction platform, offering cars that won't be retailed for sale before they arrive on site.
Unlike other services, each dealer can carefully vet, or add their own preferred buyers, giving them complete control.
Chris Barrett, managing director of Visual Automotive, who launched Click2trade in the UK, said: “Click2trade allows dealer groups to have a transparent, seamless way to underwrite and transfer part-exchanges, from site to site.
“Group buyers can add vehicles as soon as they buy them, allowing sales managers to show their interest in the stock for their site, or sell it in advance. As soon as vehicles are bought, invoices are loaded onto the system and automatically sent to the buyers.
“Click2Trade allows sellers to close more deals and gives buyers a greater opportunity to purchase more stock. There is no charge to sell a vehicle and buyers only pay £39 plus VAT for any car they purchase. There is no subscription fee.”
Dutch Broekhuis Group reported an increase in part-exchange bids, up by £600 on average. It has now sold more than 12,000 vehicles through the platform.
Dealers do not have to wait for the vehicle to arrive to start disposing of it. Payment is made within 48 hours of the vehicle arriving and collected within three days.