10:00 am, November 27, 2014
BUYING and selling cars is now a 24-hours-a-day business – and more and more dealers are using apps as a means of finding vehicles to add to their stock, new research has shown.
In the trade, usage of apps to sell and buy vehicles, especially ex-fleet, has increased by more than 50 per cent, according to research by Epyx.
The statistic is based on usage surrounding Epyx’s 1link Disposal Network e-commerce platform.
David Goodyear, head of business development, said: ‘We are very much seeing a situation where the buying and selling of vehicles is becoming a 24-hour process. It takes place around the clock, in the office, at home and on the move.
‘For buyers, in a market where there remains dealer shortages of some of the most desirable stock, apps allow you to move quickly when the right vehicles appear for sale.
‘For sellers such as fleets and dealers, apps allow you to monitor the current sales situation of your stock in real time.
‘More and more, we are seeing activity move away from auction halls and desktop computers towards apps.’
Epyx will be adding to its 1link Disposal Network app with a new 1link Appraisal app next month, designed to work with the 1link Disposal Network and the company’s 1link Vehicle Network.
1link Disposal Network is used by major fleets to control the selling of defleet stock to traders and dealers through a wide variety of channels online, as well as by traders to sell cars and vans to other traders. Vehicles can be bought and sold online through buy-it-now and bidding formats.
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