"Our dealers now have access to 10 times the number of franchise dealer vehicles they might see at a traditional auction on a weekly basis. They are available 24 hours a day and all vehicles come with a guaranteed vehicle condition report," said John Moore, founder of CarJockey.com.
In a recent survey, over 90 percent of CarJockey.com dealers rated the service as good to great. CarJockey.com provides dealers a human component to the process and allows buyers and sellers to complete transactions at market values efficiently. Utilizing the dealers' current data management systems, CarJockey.com automatically loads the dealer's excess inventory into the network. Buyers can search the inventory and make offers based on market values for vehicles that fit their desired inventory or customer-specific vehicles. CarJockey.com's automated notification system then alerts sellers when a legitimate offer has been established.
Currently most vehicles in the system are located in a six-state area, including Kentucky, Tennessee, Georgia, Indiana, South Carolina, and Ohio.
"We have spent the past six months learning from our dealers and building the system around their needs, and we will be expanding our marketing in the very near future. We hope to grow our presence in California, Florida, and the Southwest markets soon. Based on recent growth and our expectations, we plan to have more than 1,500 dealers and 20,000 vehicles by the end of 2007," said Moore.