Online auctioneer hits March high
Online classic car auctioneer The Market has reported an 86% sales rate during March, with a new record in total monthly sales for the company of over £752,000.
The results show that many classic car enthusiasts are still incredibly active and continuing to buy and sell despite the coronavirus lockdown.
Furthermore, The Market’s online auction platform and app have seen a 50% increase in traffic over the past week, as well as an increase in bidder registrations.
Tristan Judge, director at The Market, said: “Our March results are great news for us at The Market but also for the whole classic car industry. Classic car enthusiasts should feel reassured. We’ve upgraded our website server to cope with demand and although our premises are currently closed to the public, we are able to provide delivery transport and storage for sellers and buyers as well as personal, live video viewing of cars if needed.”
