Brand-name Auctions are an exclusive nation-wide B-to-B network that dealers can participate in from home, requiring nothing more than a PC and Internet access. Participants save on time and cost because there is no need to physically visit the auction site. Brand-name Auctions also are backed by stringent inspections carried out by Aucnet’s dedicated inspection team, ensuring peace of mind for participants. Moreover, Aucnet has streamlined participation by allowing buyers to preview auction items in advance via the Internet. With its Brand-name Auctions, Aucnet aims to establish a fair and reliable distribution network for used brand-name products, drawing on the infrastructure and knowhow it has cultivated over its more-than-20-year history.

A stringent inspection setup is the key to ensuring reliability. This is even truer when buyers are not able to physically check products and assess their condition. After registering product information via the dedicated website, all the products sent to Aucnet for auction are inspected by a dedicated inspection team. Inspection results are indicated using a six-level grading system and displayed on the preview screen. The screen also displays as many as 12 pictures of each product for buyers’ benefit. This is yet another instance of Aucnet capitalizing on its used car distribution business’s inspection and evaluation expertise that underpins a track record of more than 5 million vehicles traded.