Of the 20 independent auctions that make up the ServNet network, nine are online. Beyer estimates that remote bidders account for 8 percent to 12 percent of an auction's sales. Dealers don't pay a fee to participate in On-Line Ringman auctions, but winning bidders do pay a premium tacked on to a vehicle's price tag. They can browse what's going to be run over the block. ServNet also offers an online marketing report that allows dealers to pull up historical vehicle data.
Dealers can segment the reports by make, model, mileage and color.
Offers cars for a fixed price. LiveLane Offers competitive bidding on vehicles. A single point of entry to the inventories of member auction companies. Post-sale reports Determine prices on vehicles sold at auction. The Manheim Market Report Download average auction sale prices and compare values to your inventory.