Dealer Trade, the Australian-based auction platform, is teaming together with Skoda UK to help start up Skoda Market, a digital used vehicle showroom platform.
It is the third move outside of Australia for Dealer Trade and complements its existing Australian network of more than 2600 dealerships.
Dealer Trade is an app-based service for dealers to trade vehicles in an online auction system. It allows users to buy or sell vehicles in usually less than three hours, saving dealerships time and without needing to physically attend auctions.
Dealer Trade Global Head of Sales and Operations, Luke Horsfall, told GoAutoNews Premium that the partnership with Skoda UK allowed its dealers to list and sell their vehicles within the franchise group at no cost.
The savings to the group’s trade disposal costs – including auction costs – are estimated at the equivalent of $A4.5 million a year.
Horsfall said the closed network lets dealers advertise vehicles exclusively for other Skoda retailers to purchase, promoting flexible movement of stock and retention of valuable Skoda vehicles within the network.
Skoda UK national used-car manager Barney Butterell said the highly competitive used-car market made it necessary to look for ways to save money and increase profits.
“Dealer Trade offers an efficient and free disposal route for all vehicles, potentially saving as much as £150 ($A250) per transaction. At a network level this can make a big difference.”
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