Cartotrade.com, the new online trade to trade platform set-up by the original management team of Autotrade-mail has already seen stock worth £1.5 million advertised within its first fortnight of trading.
Co-founder Laura Cannon said ‘With a severe shortage of quality stock, it’s been really nice to see prime retail stock coming on to the platform, from a Fiat 500 convertible to a choice of Mini Countrymans.’
The online B2B trade arena is heating up with lots of new businesses bringing their offering to the table, Cartotrade being one of the latest.
The Cartotrade team has considerable experience in this field not only from running Autotrade-mail for many years, but more importantly over 30 years’ experience working within dealerships.
Kevin Watson, another co-founder, said: ‘Before deciding to launch our own business, we carried out an in-depth analysis of the existing B2B players and came to the conclusion we could be refreshingly different. It’s nice not to be working for a corporation or reporting to shareholders – I’m not knocking BCA’s Tradeouts, or Manheim’s Dealer Auction or even Auto Trader’s Autotrade-Mail, but we have the freedom and fluidity to do precisely what dealers want.
‘We know it will take many months or possibly even years to become a true partner, but we’re determined to put in the hard work to get there.’
Wayne Rourke at VFM Cars Ltd said: ‘Fantastic result – sold a car yesterday within minutes of placing the advert, so impressed with the Cartotrade team and their offering. I’ve been recommending them to fellow dealers.’
Gee Pugsley, another co-founder, added: ‘We’re delighted with the initial reaction but we do need more dealers on board to create a truly fantastic platform. We urge our existing dealers to share their secret and tell industry friends and colleagues about the extended free trial on offer.’
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