A leading multi-channel platform for purchasing and selling used cars, Truebil, recently started their own online auction platform. Using this platform, Truebil hopes to connect buyers and dealers on a larger scale and create a smooth buying and selling used car experience. On the Truebill auction platform, Truebill will purchase the cars from individual private sellers, as well as trade-ins from new car dealerships. Dealers will have to sign into the application, view the cars they wish to buys, and begin bidding.
On this auction platform, Truebil currently conducts 200 transactions every month in every city and aims to scale up to 500 transactions every month in city in next 3 months.
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