“The strength of PCARMARKET lies in the ability to help buyers and sellers do business in an exciting, safe, and efficient way”.
OYSTER BAY, N.Y. (PRWEB) February 28, 2019
The demand and collectability of the Porsche brand has been growing at an increasing rate for decades. Over 70% of all Porsches built are still on the road today. Buying and selling vehicles via online auto auctions has been steadily replacing old school classified ads.
The PCARMARKET 24/7 auction site will fill a necessary void when it launches March 2019. The auction will exclusively feature Porsche vehicles and Porsche specialty items.
Bidders and sellers of the United States, Canada, and the EU will be able to complete transactions on Porsche vehicles from early air-cooled models through today’s high-performance sports cars and everything in between.
The PCARMARKET team has over 100 years of automotive experience in collecting, buying, selling, and restoring Porsche vehicles along with extensive ecommerce experience. After 2 years of research and development PCARMARKET.COM will go live, marking a significant change to how Porsche vehicles are bought and sold.
David Jacobson, President/CEO of PCARMARKET said, “The passion and experience we have for the Porsche brand is powerful but we believe the strength of PCARMARKET lies in the ability to help buyers and sellers do business in an exciting, safe, and efficient way.”
Destination auctions in Scottsdale, Monterey and Amelia Island have existed for many decades. These auctions are as much about entertainment as they are about automotive transactions. Absentee bidders and consigners are becoming increasingly common at these auctions.
Even though PCARMARKET is in the business of facilitating the buying and selling of Porsche vehicles, the entertainment factor is also very high. Spectators can enjoy watching the bidding action and registered bidders will be able to comment on each car being auctioned. There will also be exclusive features introduced when PCARMARKET LAUNCHES.
The cars being auctioned will range from donor/parts cars to rare and exotic Porsche collectibles. One of the more notable cars being auctioned during PCARMARKET’S launch month is the Magnus Walker (Urban Outlaw) Built Porsche STR002. Other cars include several editions of the Porsche 993, the last air-cooled Porsche created before the Stuttgart manufacturer went to a water-cooled engine. Porsche hotrods, also known as Outlaws or R-Gruppe cars, are all the rage today. PCARMARKET will have a significant offering of this genre on a regular basis.
There are clear and sizable advantages to doing business on PCARMARKET. The consigned vehicle does not leave the sellers possession until it’s sold, as a result, there are no unnecessary transportation costs to and from auction locations. The seller consignment fee is a modest $99 and buyer premiums are significantly less than traditional auctions.
PCARMARKET has been accepting consignment and bidder registrations for a few months. James Barry, SVP said “We have purposefully laid out an initial plan to add between 2-6 vehicles daily as opposed to loading hundreds of Porsches all at once. Our plan is to build PCARMARKET on a strong foundation that will become a trusted and valuable resource”.