ATLANTAwww.OVE.com, an online wholesale marketplace for dealer-to-dealer and commercial consignor business transactions, announced that BSC America will go live on its virtual wholesale auction platform by the end of 2007. And OVE.com is now accepting additional independent auction partnership applications. To support this effort, Glenn O’Leary has been named OVE.com’s new director of independent auctions; he is available for meetings at OVE.com’s NAAA booth, No. 601. Interested auctions can contact O’Leary at (678) 645-2253 or glenn.o'leary@ove.com.

Ray Nichols, chairman of BSC America, said, “Very early on, the benefits of partnering with OVE.com were clear to us. Our auctions are eager to offer their dealer and commercial consignors the ability to sell inventory to the largest nationwide dealer base through OVE.com.”

Independent auctions like BSC America’s that choose to partner with OVE.com will act as facilitating locations. Facilitating locations are the brick-and-mortar auctions that guarantee title, money, and arbitration if needed for OVE.com’s online wholesale vehicle transactions and play an important role in the end-to-end solutions uniquely offered by the marketplace to commercial consignors. Benefits offered by OVE.com to independent facilitating locations include access to the largest dealer base for expanding sales nationwide and the ability to enhance gross profits through the collection of facilitation fees. OVE.com plans to begin training BSC auction staff as early as November 2007.

As a part of Manheim, OVE.com is adding to the already strong company tradition of offering cutting-edge solutions to independent auctions such as Manheim Simulcast; several independents use this online auction application to broadcast their sales live on the Internet.

Officials at OVE.com said that the site is planning to announce a new release for its online marketplace very soon that was created with OVE.com’s future growth in mind, including the ability to accept independent auction partnerships.

0 Comments