PartsBase.com, The Aerospace and Aviation Marketplace, Introduces Live Auctions via eBay

New auction format enables surplus aircraft parts inventory to be sold quickly in large lots. Well-positioned buyers can purchase large and unique inventories at significant discounts.

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Boca Raton, FL (PRWEB) October 24, 2006

PartsBase, Inc. (http://www.PartsBase.com), the leading online e-commerce website for aviation, aerospace and defense, today announced an affiliation with eBay to run live auctions for aircraft parts for their customers. The eBay-affiliated auctions will enable general, commercial and military aircraft parts sellers the ability to sell aviation inventories via the world's largest auction site. PartsBase will manage the auctions; provide advertising, promotion, levels of increased exposure and support for the sellers. PartsBase auctions on eBay represent an opportunity for buyers to purchase aircraft parts at a fraction of their market value.

"By auctioning live on eBay, PartsBase is assuring buyers and sellers a fair auction experience via an independent third party," said Shawn Silbor, Vice President of Sales. "Everybody in aviation, aerospace and defense knows PartsBase and everyone in the world knows about eBay auctions. Taking the power of eBay with the exposure of PartsBase advertising creates a whole new way to sell aircraft inventory, aviation items, even aircraft," continues Silbor.

Online eBay auctions via PartsBase are a new alternative to traditional parts auctions. Some auction companies charge between 10 and 20% commissions on the winning bid. This does not including overhead fees, advertising and administration expenses. "There are a lot of hidden costs when you decide to use a traditional auction company. With PartsBase auctions on eBay, companies can sell their surplus lots, engines, airframes, support equipment, etc. all at a fraction of what a traditional auction could cost," according to PartsBase's Advertising and Business Development Manager Gary Hochman.

PartsBase's first two auctions will be presenting military parts via eBay on October 25th 2006 through October 31st.

The Jericho Aircraft Parts Auction offers over 30 million dollars worth of new rotable and consumable military specification parts and the second parts auction will be running simultaneously, for ONLY C130 parts.    

Sellers who utilize PartsBase as a marketing and advertising vehicle for their auctions get a detailed explanation on PartsBase's website, which receives 8.2 million monthly views. The PartsBase page is used to pre-sell the inventory and provides potential bidders with auction details and information several weeks in advance in order to evaluate the offering and its value.

"PartsBase's auctions page features a dedicated web page with a parts list/catalog, and photos for potential bidders to review. Each auction offer on-site inspection dates by appointment only. Registered bidders on eBay can submit as many bids as they wish until the posted closing time. Participants are notified of the auction's outcome and payment options," said Ilizabeth Sutera, Director of Marketing.

For more information about PartsBase auctions on eBay call Gary Hochman 561-953-0700 x2247.

About PartsBase:

With over 50 million line items of inventory, PartsBase offers the largest neutral marketplace for buying and selling aircraft parts and overhaul/repair capabilities. PartsBase operates as a parts locator service, technology provider, marketing outlet, and research tool for clients in over 130 countries.

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