DeMuro: Cars & Bids auctions 30 cars daily at 85% sell rate
Doug DeMuro · Doug Demuro on Analyzing the Car Industry, Creator-Led Businesses, and Porsche Follow Up (Raw Video) · Acquired · Sep 20, 2023 · at 1:14:23
Doug DeMuro breaks down transaction volume, conversion rate, and average vehicle selling price on his enthusiast auction marketplace Cars & Bids.
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“I mean, we're selling basically 30 cars a day or we're auctioning 30 cars a day. We have about an 85% sale rate. And so, and the average transaction value, I don't know, but you could figure it out very easily just from looking at the site. It's somewhere in the 30 to 40,000 dollar range.”
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