AUTO1.com – Europe’s leading marketplace for used car trading strengthens its position

AUTO1.com is Europe’s leading online marketplace for the efficient buying and selling of inspected and approved vehicles. AUTO1.com was able to build on its rapid growth and strengthen its position to become the European market leader within a very short period of time. As an independent and multi-brand online marketplace with its own inspected, approved and comprehensively documented inventory, AUTO1.com has successfully established itself as a trusted partner to used car dealers and in turn become the fastest-growing multi-brand car wholesaler in Europe. Partner dealers can benefit from the wide range of vehicles on offer every day at attractive dealer purchasing conditions as well as from fast and efficient processing.

AUTO1.com has recorded extraordinary growth compared with the previous year:

• Over 15,000 active partner dealerships
• Over 1,000 new registrations every month on average
• A dynamic vehicle inventory of over 10,000 inspected and approved user cars of all makes and models
• Over 1,000 new vehicle arrivals every day
• An annual marketing volume of over 150,000 traded vehicles
• Business activities in over 23 countries

AUTO1.com expanded its portfolio in autumn 2015 with the development of the “zero-risk trade-in” (NRI). With this innovative solution, the company provides a standardised method for accepting trade-ins to record all evaluation-relevant data simply and conveniently using an in-house developed web application. Within only a matter of minutes, the dealer can get a competitive and binding acceptance price for which he or she can sell the car to AUTO1.com and guarantee the follow-on transaction. This reduces the risk associated with trade-in to zero. To date, over 1,500 partner dealers across Europe are using this innovative service. This service is available in Germany, Austria, France, Netherlands, Belgium, Spain, Italy, Sweden and Poland.

In 2016, AUTO1.com will focus on an optimised brand presentation and an expansion of the service offering with further innovative solutions with the aim of making buying and selling and the processing procedure even simpler and more efficient. This is in addition to the national and international expansion of the company.

The first steps in this direction were taken with the relaunch of the new website www.auto1.com in March 2016. The new design offers partner dealers much greater functionality and improved usability for vehicle purchases and sales. The newly developed AUTO1 app, also gives partner dealers mobile access to the current vehicle inventory. While they are on the go, users can buy vehicles and stay up to date with new arrivals in real time on their smartphone or tablet thanks to the app’s convenient user interface. The Android version will be released at the end of February. The AUTO1.com app is currently used by over 2,500 dealers.