BidAppraise — Live Appraisal Auctions

BidAppraise · built into Apex VMSLive appraisal bidding in real time

BidAppraise — Live appraisal bidding in real time

Why list your appraisal?

Save the deal

Without BidAppraiseThe customer's trade number is over your book. The deal walks.

With BidAppraiseA network dealer bids close to their number. You close the gap and keep the deal.

More profit per deal

Without BidAppraiseYou wholesale the trade for about what you gave.

With BidAppraiseA dealer bids above the agreed value. You keep the difference.

Share with network

Without BidAppraiseYour own appraisal is the only number in the room.

With BidAppraiseDealers in your network or a same-OEM franchise compete for the car.

Decrease exposure

Without BidAppraiseA car that doesn't sell on your lot sits and ages.

With BidAppraiseIt leaves early, before flooring and depreciation pile up.

BidAppraise auction screen: a 2023 Toyota Highlander XLE on the block with a $31,800 high bid

30 Seconds, VIN to Live Auction: Here's How

Enter the VIN and miles

The VIN decodes year, make, model and trim.

Vehicle

2019 Chevrolet Equinox LT 92,398 mi

ZIP · dealer profile 84003

Pedigree1 ownerNo accidents

Enter vehicle condition

Rate the vehicle's condition, how many keys, fault codes and whether it needs tires. This gives bidders a full picture of the vehicle you're offering.

Condition · listing dealer

Exterior 4/5

Interior 5/5

Mechanical 4/5

Keys12Fault codesYesNoNeeds tiresYesNo

Read the market

Industry standard wholesale partner values sit side by side, so your auction starting value is protected before anyone bids.

Wholesale partner values

MMRMMR · average $12,589

Black Book · average $12,650

J.D. POWERJ.D. Power · average $12,500

Enter reserve and execute prices

Enter reserve price as your minimum required to sell as well as an execute price which, when reached, ends the auction instantly.

Outcomes

Reserve met Sold at time expiry

Execute price hit Sold instantly

Below reserve Accept or counter

The network bids

Thousands of dealers in the network are notified and the vehicle auction runs while your customer is in your showroom or on a test drive.

Bid tape

Dealer · 84604High bid $31,800

Dealer · 84043 $31,000

Dealer · 84097 $30,250

Auction no-sale, no problem

If auction results in no-sale, utilize APEXPrice, a fully automated smart pricing schedule to ensure that unit has its best chance to sell more quickly than comparable vehicles.

Pricing roadmap

To Profit · day 0–18 $15,925

To Market · day 18–44 $14,595

To Sell · day 44–61 $13,790

Profit18 daysMarket26 daysSell18 daysAuctionAt day 61$12,589

BOOK A DEMO ON YOUR LIVE INVENTORY TODAY.

Bring a VIN. We'll appraise it, show you what the network would pay, and price your front line against the whole market. Thirty minutes, start to finish.

Built by people with years of buying, pricing and selling inventory, for the managers who do it every day.

Turn unwanted trades intoInstant Dealer Profit.