Proxibid, the world’s most trusted way to connect buyers and sellers of highly valued items like collector cars, and Hemmings, the leading resource for collector car enthusiasts, today announced a strategic partnership that brings Proxibid’s transactional capabilities to Hemmings.com, and exposes dealers to the industry’s most robust collector car network. Now, sellers using Hemmings listing services can transform their businesses, offering 24×7 online selling solutions to their dealer showrooms.
HemmingsPRO, which leverages Proxibid’s robust ecommerce solution, is a new sales model designed to help dealers sell more cars online through the Hemmings community. Built to meet the needs of buyers and sellers, it is the first network of its kind in the industry to facilitate end-to-end transactions online.
“Even in the short amount of time we have used HemmingsPRO, we have experienced great success, with several offers already and one closed sale within just a few days of signing up,” said Jeff Frazier of JP Frazier/Americar, Inc. “Adding HemmingsPRO to our sales toolkit gives us access to more buyers than ever, and provides access to the most trusted ecommerce engine in the industry. Already we are seeing the benefits of adding transactional capabilities to our listings.”
The same technology that powers Proxibid’s multi-billion-dollar platform has been extended to Hemmings. All sales are monitored by Proxibid’s proprietary buyer vetting tool, which uses information from the buyer’s account and third-party tools to verify a buyer’s wherewithal to pay. Proxibid offers a fully integrated wire payment service, which includes vehicle inspection periods baked into every transaction, ensuring both buyers and sellers are protected throughout the purchase process.
“We are excited to work with Proxibid to extend ecommerce solutions to collector car enthusiasts across the globe,” said Jim Menneto, Publisher of Hemmings Motor News. “The Hemmings team selected Proxibid for this partnership because of Proxibid’s commitment to Marketplace ethics and the power their software brings to our sellers. It’s a phenomenal partnership and we look forward to working with Proxibid to enhance the collector car industry worldwide.”
Proxibid offers the industry’s most comprehensive risk management system, designed specifically to manage high dollar transactions like collector cars. And only Proxibid offers dispute resolution services in rare instances when issues arise between buyer and seller to ensure both parties live up to their commitments. This is a unique service not seen on any other online selling platform, making Proxibid the safest place to buy and sell highly valued items online.
“This partnership further illustrates Proxibid’s commitment to the collector car category,” said Ryan Downs, President and CEO of Proxibid. “We are delighted to partner with a company like Hemmings Motor News, the standard for excellence in the industry. Together, we will provide the most trusted ecommerce solutions for buyers and sellers of collector cars.”
Please visit Hemmings Motor News at SEMA Show, Booth 23675, to learn more about HemmingsPRO.
Hemmings Motor News, founded in 1954, is the world’s largest collector car marketplace and news outlet reaching millions of enthusiasts across web, print, and signature events. Hemmings’ commitment to marketplace integrity and award-winning journalism set the highest standards for quality in the collector car hobby around the globe.
Proxibid provides auction companies and asset owners with access to the most trusted way to buy and sell highly valued items online. More than $4 billion in inventory passes through Proxibid’s Marketplace annually via live and timed auctions, and Buy Now and Make Offer capabilities, across 15 categories that include heavy equipment; industrial machinery; real estate; fine art; antiques and collectibles, and more.
Founded in 2001, Proxibid is headquartered in Omaha, NE with offices in South Sioux City, NE and London. For more information about Proxibid, please visit www.proxibid.com.