We’ve all done it, right? Done what? With a sly smile, tuned out the rest of the world and dreamed about our own auction site. As Bring a Trailer showed, there’s a way to turn an online auction house into a community.
But is there room for more enthusiast auction houses? Classic Motorsports recently interviewed one of the principals at Bid Garage, a new, enthusiast-driven auto auction site.
When asked if there’s more room at the table, the answer was yes:
“Although some new players are entering the market, we certainly don't think it's saturated. There are about 40 million secondary-market cars exchanging hands in America every year, and consumers are clearly showing that they are open to buying online.
“The online auction experience provides a lot of unique opportunities that the traditional sale doesn't. We expect to see even more players enter the space.”
So, how would you create your ideal auction site?
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