ATC-Onlane, Inc., an online auction company for automotive dealers to buy and sell wholesale vehicles, recently announced the one year anniversary of its revamped auto auction site, ATC Open
. ATC Open, a full-service online marketplace to buy and sell wholesale vehicles, has experienced expansion over the past year in both the volume and categories of vehicles available for sale. It has demonstrated increased adoption from dealers nationwide. ATC Open now offers dealers across the country access to over 7,000 vehicles a day, a thousand percent increase from its launch last June. Special June Promotions
During the month of June, ATC-Onlane is offering several special promotions from floor-plan providers as well as off-lease and rental consignors including:
• Floor-plan Incentives:
AFC is providing a free 14-day float on retail lines, and a free first term floor plan fee on rental lines. DSC will also offer up to $50,000 credit line on-the-spot at NIADA. Additionally, DSC will give dealers a $60 flat floor-plan fee for 60 days with a discounted interest rate of 2.5 percent over prime, or interest-only for 60 days, on their first two ATC Open purchases.
• Off-Lease Incentives:
ATC-Onlane is giving away a Porsche Boxster to the dealer who buys the most Chase Auto Finance units, and a Total Sports Fan Getaway package for Chrysler Financial Services purchases. Madison is offering $1,000 cash back for every five units sold on their late model, low mileage domestic inventory. Finally, dealers can get up to a $500 discount on ATC-Onlane Arranged Transport on Audi Financial Services and Volkswagen Credit vehicles.
• Rental Car Incentives:
Dealers can get up to $1,500 in transportation assistance for every 10 Avis Budget Group vehicles purchased, and DTG Operations, Inc. will provide 20 percent off ATC-Onlane Arranged Transport.