AutoBuy’s innovative remarketing model and efficient, virtual appraisal process for consumers results in steady stream of fresh inventory for auto dealers, driving record growth: 180% sales growth, $2 billion in inventory appraised to date, and expansion into four more states
Published: Nov. 1, 2021 at 9:00 AM CDT|Updated: 7 hours ago
WEST PALM BEACH, Fla., Nov. 1, 2021 /PRNewswire/ — AutoBuy is delivering fresh, high-quality used vehicle inventory to dealers at a record pace, resulting in triple digit sales growth year-over-year, a nearly 500% increase in EBITDA, over 300K customers served and $2 billion in inventory appraised to date. The company’s virtual buying and appraisal process is driving much of this growth, including recent expansion into four more states: Georgia, Tennessee, South Carolina and North Carolina.
“Our virtual appraisal process was already in progress when the pandemic hit and