![]() One of the biggest selling points of Auction Simplified’s impound lot software is its flexibility. If you want to do a live stream, that’s an exciting possibility.” If you want your auctions to be online-only or just available to wholesalers, that’s an option. “With Auction Simplified, the process can be tailored to your needs. But they’d be leaving money on the table,” she said. They can simply send it to crushers and make a blank amount of money. “This varies by state, but by law, vehicles become the possession of impound lots after a certain amount of time. Shelli Hawkins, Director of Market Engagement at TRAXERO, said the possibilities are endless for impound lots with Auction Simplified’s help. “A well-run auction is as green as it gets because you’re taking something that would have been destroyed and instead recycling it back into the world through used parts and cars.”Įvidently, impound lots could benefit from the power of towing auction software when selling their vehicles. Our product gives towers the starting point for cars they’ve taken in and stored in lots,” Kevin said. “The vision behind TRAXERO as a whole was to give towers access to innovative software that can simplify their operations. There are several formats including online only bidding, live auction with simulcast, and online silent bidding. Auction Simplified gives users an all-in-one towing auction software platform. Towing auction and impound lot software revolutionized the way towers and other industry professionals could sell impounded cars. How Auction Simplified Helps You Get Top Dollar That’s why it’s important to have the right software partner.” “Now, we’ve seen three straight months of downward trends in the value of cars and junk cars are suddenly not selling naturally like they were. I had never seen anything like it,” Kevin said. “For about 18 months, particularly up until this September, the market was ridiculous. As the used car market exploded during COVID-19, the effects filtered down to the auction and salvage worlds. So, how can towers, police departments, and municipalities utilize the abandoned car market efficiently? You might have noticed that cars are not selling as easily today as they did for large parts of the past few years. “There are companies out there that buy cars and ship them off to places like Saudi Arabia to be parted out or fixed up and resold.” “Other examples are used car parts resellers, salvage yards, and even exporters,” Kevin said. There’s a chance that the same car may have upwards of $2,000 worth of parts to sell before letting the body go for an additional sale. Say, for example, a pick-and-pull yard buys a junk car for $1,000. They buy junk cars to first sell individual parts before also selling the body for scrap. Kevin says an excellent example of working with the right buyers would be a pick and pull junk yard. Working with only one buyer while impounding cars can severely limit your gain. Moreover, it’s common in the auction space for impound lots and towers to sell to only one buyer. The key is to find enough types of buyers that would be willing to pay for your vehicles.” “There are a lot of entrepreneurs out there maximizing in small, niche markets. ![]() ![]() In many cases, junk is someone else’s gold,” Kevin said. “At Auction Simplified, we think that junk is another word for cash. The profit potential from the abandoned car market goes a lot further than many towers know. Think of running an auction or salvage service as a business within your towing business. So, what makes Auction Simplified the best choice for your business? How is it unique? And why should towers across the country be knowledgeable about selling impounded vehicles?Ī Tower’s Guide To Selling Abandoned Cars “We want the towers, salvage yards, and impound lots to be the stars of the show.” “Over the past year, Auction Simplified has been a part of some really sophisticated integrations with TRAXERO’S companies,” Kevin said. While Auction Simplified was initially geared toward helping car dealers, it inevitably entered the towing space through a recent partnership with TRAXERO. He’s been a part of the car and towing business ever since. Kevin went to his first auction show when he was 15 years old and never looked back. ![]() Kevin Leigh and Phil Gates founded the company eight years ago. Apart from being easy to use and packed with great features, Auction Simplified provides a modern solution to the challenging job of selling wrecked or abandoned cars. If you’re a tower looking to get into the exciting world of selling abandoned cars, you should consider selling wrecked and abandoned cars with Auction Simplified. ![]()
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