Car auctioning is an age-old trade, and in the early 2000s, when new tech was beginning to disrupt the automotive industry, Mark Endras, co-founder and CTO of TradeRev, noticed that automotive remarketing was not evolving. The expensive, lengthy, and antiquated method of car auctioning was not keeping up with the rapidly changing sales infrastructure of other industries.
Lots of time-honored traditions are changing in the mobility space. I sat down with Mark Endras, co-founder and CTO of TradeRev, and Becca Polak, who is both president of TradeRev and chief legal officer and secretary at KAR Auction Services.
We now live in an age of information where mobile, web and data shape the fabric of everyday life. Picture this: in the next 60 seconds, 187 million emails will be sent, there will be 3.7 million Google searches and almost 1 million people will login to Facebook. In that same time approximately 188 used cars will be sold in Canada and the USA.
Across the country, in-house counsel attorneys are taking steps to put their money where their mouth is — literally — when it comes to diversity in the legal profession.
In partnership with NewCo, The Elevated Awards look to recognize the companies that make innovation a valued part of the way people think, work, and interact every day.
We’ve made it easier than ever to buy coveted OEM vehicles during our popular weekday auction, Morning Rush. You no longer need to use an ADESA payment method, making purchases quick and seamless. The process going forward is the standard process you use for other purchases on TradeRev. Here’s what you can expect: Pay for vehicles and associated fees via a TradeRev payment method TradeRev will collect, process and courier the title to the dealer TradeRev will email the buyer the Vehicle Release Form Arbitrations will be handled by TradeRev Come see what all the fuss is about every weekday at 11 AM ET on Morning Rush!
In January TradeRev took over San Francisco and rocked NADA 2019. Check out all the photos here using code Traderevmovemetal and watch the recap video below! See you next year for NADA 2020!
Shorter Auctions, Flat Fee Transportation and Streamlined Registration to Accelerate Dealer Buying and Selling Experience
TradeRev, North America’s leading dealer-to-dealer digital auction platform, has hired Kayne Grau as executive vice president, U.S. and commercial sales. He most recently served as president of data as a service at TradeRev parent KAR Auction Services Inc. Grau joined KAR through the acquisition of DRIVIN in 2017.
Scott Esplen is all too familiar with the complaints people have when it comes to selling their used cars to dealerships. Interminably long waits, a lack of transparency and ultimately doubts over whether they’re getting a good deal tend to define the experience for a lot of consumers. Three years ago, Esplen – director of used vehicle operations at Humberview Group – decided to automate the process by incorporating TradeRev, an online system that hosts used car auctions in real time.