Auction Direct has many avenues of revenue, including lien-sale public auctions, dealer-to-dealer sales, and tow company to dismantler sales. Lien-Sale inventory is sourced from many tow companies across CA. If 33 days have passed since the vehicle's original tow date, and the registered owner has made no effort to pay fees, the tow company will lien-sale the vehicle and auction it to the public. That’s where Auction Direct comes in to allow all these tow companies to sell vehicles easily online without dealing with paperwork or customers at their office. Our mobile platform has powerful tools to give buyers and sellers a painless and straightforward user experience. Buyers can filter auctions by year, make, model, mileage, and sort by distance. Dealer to Dealer auctions allow Dealer’s to buy car’s wholesale directly from other dealers across California. Auction Direct’s dealer auctions enable business owners to auction or sell their inventory through various methods and receive more money for their inventory. They receive tools to set Reserve Price, Buy Now Price, and respond to counter-offers easily after an auction has ended. Our application launched to the Google Play and App Store on Dec 7, 2021. We had 400+ App installs, 250 public buyer sign-ups, and six tow companies in our first week. In our first month we grew to over 500 users and over 1000 installs.
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