Online marketplace Carwow is now selling used light commercial vehicles via its daily online auctions.
The market disruptor started adding vans and pickups to its online auctions in September, with hundreds listed during the first two weeks of the pilot, on the back of strong demand from its UK network of dealer partners.
New listings currently feature pickups, vans, minibuses and commercial 4x4s – the most popular models so far have included used Ford Rangers, Land Rover Defenders, Ford Transits, VW Transporters and Nissan Navaras.
Nearly half (45%) of the listings have been under five years old, while 55% had under 60,000 miles on the clock – both being popular criteria for used LCV consumers. Carwow is also working to support buyers by ensuring no subscription fees, while listings are pre-qualified to maximise quality and the company can help with documentation and transportation.
Sally Foote, managing director of Carwow UK, said: “We’ve listened to our dealer partners to ensure we know exactly what profile of LCV they are really looking for, and that’s coupled with consistently low acquisition costs and no subscription fees to help maximise dealers’ margins.
“Dealers now have hundreds of fresh LCVs to bid on each month via Carwow; they aren’t seeing the vans or 4x4s they saw yesterday, let alone last week. It’s also quick and simple for dealers to review the condition of vehicles on the platform, make an offer and buy directly from the seller.”
