In the last decade, online auction houses and marketplaces have been thriving for car sales from the likes of AutoTrader, Cinch, and more. Listing cars on online platforms has been and should be the go-to when looking to list, but for your extra special tangible assets, they need to be sold on a site of the same calibre and quality as your classic car rather than a jumble of all sorts of cars and classics. This is why House of Assets is proud to say car dealerships are out with the old and in with the new regarding physical purchasing, and we are excited to host your classic cars for sale on our premium website. By listing online, House of Assets can offer you a plethora of benefits and opportunities, unlike physical car dealerships, and here’s why:
Expanded Market Research:
A primary benefit of listing classic car investments on online auctions is the vast market reach the platforms can provide. Moving to a list online means you immediately open yourself to a global audience and will no longer be confined by geographical limitations. The expanded reach will allow car enthusiasts, car dealerships, and car garages the chance to connect with a global audience of potential buyers and exponentially increase the visibility of their inventory.Â
Competitive Bidding:
Online auctions and marketplaces inject more pressure on consumers by creating a bigger fear of competition in the buying process. Now, whilst this may not sound so friendly for the consumers, for the seller, competitive bidding can drive up the asset’s value or make it sell faster. The competitive online environment will add excitement and urgency amongst both the seller and the consumer, boosting the demand for the classic car, resulting in fair market prices, and maximising seller returns.Â
Asset Turnover:
As mentioned briefly, listing a classic car on online marketplaces facilitates a faster turnover. Physical purchasing with a car dealership or car garage can take longer as the competitive nature in the market is considerably lower, and you have to wait for a buyer to come along. So, the efficiency you can get with online listing means your asset turnover can contribute to better cash flow and a more agile business model.Â
Transparent Transactions:
Transparency is a key factor in building trust, and online marketplaces, like us at House of Assets, prioritise transparent transactions. The supply of detailed information, comprehensive condition reports, and an honest bidding process for all classic cars for sale will contribute to an honest trading environment for both the buyer and seller. For the most part, you can’t always guarantee that much detail with a face-to-face purchase. So, transparency will be crucial in attracting buyers and building relationships with people in the classic car industry.Â
No More Marketing Stress:
Listing classic car investments online is far more cost-effective than the traditional marketing methods you would have to create if selling in person. Businesses can leverage the marketing capabilities of established online platforms. House of Assets can allow targeted exposure to a wide audience without a hefty price tag, resulting in more efficient use of marketing budgets.
This is why we are calling out all car enthusiast, car dealerships and car garages who are looking or could be tempted to list their classic cars with us – House of Assets! By embracing our online platform, you car enthusiasts, garages, and dealerships can position yourself at the forefront of a dynamic and fast-paced marketplace and cut the stress of doing the groundwork yourself. But remember your car has to be a classic, this isn’t any old car auction site!
For any listing enquires about your classic cars, don’t hesitate to get in contact!
