autoauction.ie, Ireland’s newest motor auction site is set to hold weekly live auctions from next weekend, (July 30) in a move which could change the way second-hand cars are sold from forecourts nationwide.
Some of Ireland’s top motor dealers have signed up to autoauction.ie which is designed to make the purchasing of cars from dealers quicker and easier, to the benefit of both the buyer and the garage.
Dealers such as Annesley Williams in Dublin, Frank Hogan in Limerick and Finbarr Galvin in Cork are already on board for the first auction, featuring around 50 top quality cars.
It opens for bids on Friday, July 30, running until Wednesday, August 4, and will run every Friday to Wednesday thereafter.
autoauction.ie is being launched by the team behind successful national property auction site youbid.ie which has brought a new dimension to that market in its impressive first year.
“There is a shortage of top-quality second-hand vehicles on the market at the moment, and we aim to be a one-stop shop for buyers and dealers,” said Michael O’Connor, Managing Director of autoauction.ie
“Our industry-leading auction technology makes it seamless for garages to sell vehicles to private and trade purchasers with transparency and security throughout the process.
“Buyers will find the most comprehensive and secure auction software on the market, easy to navigate, with smooth transactions from start to finish.
“And we feel that buyers will appreciate the chance to purchase premium cars at auction prices.
“We are skilled auctioneers and negotiators with over 30 years’ experience, and our process has proved to be a massive success for both buyers and sellers.”
In advance of weekly auctions, garages will list their available cars on the site, and buyers can browse listed vehicles with the option to perform a vehicle background check.
Buyers can then arrange viewings of cars that interest them through autoauction.ie
“The benefits to garages are huge – we are exposed to a nationwide audience of motivated buyers who know the cars they want and trust the dealers that are selling them,” said John Fitzgerald, General Manager, Frank Hogan Limerick.
“Most importantly, the vehicles don’t need to leave our forecourt, so we can use Auto Auction as a platform in conjunction with our other sales methods.”
Each vehicle is given a reserve, and if these are not met, dealers will be contacted about potential negotiations.
Potential purchasers register with the site in advance, lodging a refundable deposit of €500, and have 24 hours post-auction to pay the balance of the purchase price to autoauction.ie
The vehicle must then be collected by close of business three days after the auction.