News

The Wild, Wild West of the Pre-Owned Industry

July 21, 2020

Automotive News

Over the last few months I’m very pleased to say that optimism paid off. Not because I’m trying to build a reputation as an industry fortune teller, but because the dealers that adopted an optimistic outlook and managed their inventory accordingly are very well positioned now to meet the booming demand for used.

CarOffer — Giving Dealers an Alternative to Vehicle Acquisition (Page 32)

July 1, 2020

Auto Success

The platform [CarOffer] creates instant liquidity, allowing dealers to source inventory by placing limit purchase orders for vehicles they need with accuracy and automation, so they have the inventory to meet demand and don’t suer from being underwater with aged inventory.

8 reasons for pre-owned optimism

May 18, 2020

Automotive News

CarOffer founder and CEO, Bruce Thompson, shares his reasons to focus on staying optimistic and having a pre-owned vehicle strategy for when COVID-19 restrictions lift.

Car Dealers Use New Ways to Buy, Sell Wholesale Vehicles

May 18, 2020

Wards Auto

Dealer-to-dealer networks give guaranteed prices on used-vehicle inventory.

PODCAST: Bruce Thompson of CarOffer returns to show

May 6, 2020

Auto Remarketing Podcast

CarOffer founder and chief executive officer Bruce Thompson returns to the Auto Remarketing Podcast to talk about what fuels his optimism about the pre-owned car market, the re-opening of automotive markets in Texas, updates on CarOffer and more.

Reasons for Automotive Optimism

May 5, 2020

Wards Auto

CarOffer founder and CEO, Bruce Thompson, shares his reasons to focus on staying optimistic and having a pre-owned vehicle strategy for when COVID-19 restrictions lift.

COMMENTARY: 8 reasons for pre-owned optimism

April 21, 2020

Auto Remarketing

CarOffer founder and CEO, Bruce Thompson, shares his reasons to focus on staying optimistic and having a pre-owned vehicle strategy for when COVID-19 restrictions lift.

North Texas car dealerships are reopening showrooms after receiving ‘essential’ designation

April 21, 2020

Dallas News

Many dealerships have remained partially open in North Texas because they provide repairs and rentals. They moved the buying process online, delivered vehicles directly to homes and conducted "virtual test drives.” But dealerships can’t support their businesses through online sales alone, said Bruce Thompson, owner of Plano-based CarOffer and a serial entrepreneur in the car dealership industry.

CarOffer Brings Powerful New Consumer Acquisition Tool To Market

April 9, 2020

Auto Success

CarOffer, the automated instant wholesale vehicle trade platform, announced it is bringing to market early a new consumer vehicle acquisition channel for its dealer partners — for free.

Digital Motors, CarOffer, PointPredictive aid ailing industry

April 9, 2020

Auto Finance News

CarOffer, too, is supporting dealerships with the early release of its Consumer Buying solution, which it is providing for free until the pandemic subsides. The tool is designed to help connect auto dealers with consumers that want to buy, sell or trade a vehicle through integrated document management and customer relationship management systems.

CarOffer’s New Traffic-Generating Tool Will Help Auto Dealers Drive Sales During COVID-19

April 9, 2020

Dallas Innovates

Amidst the global pandemic, CarOffer brought its Consumer Buying feature to market ahead of schedule—and is making it free for the time being.

CarOffer Brings Powerful New Consumer Acquisition Tool to Market, Free and Ahead of Schedule

April 8, 2020

Yahoo Finance

Recognizing the challenges facing auto dealers during the pandemic crisis, CarOffer's new feature is focused on helping dealers reduce overhead, drive traffic and generate sales.

CarOffer : Brings Powerful New Consumer Acquisition Tool to Market, Free and Ahead of Schedule

April 8, 2020

Market Screener by 4 Traders

CarOffer, retail automotive's first automated instant wholesale vehicle trade platform, announced today it is bringing to market early a new consumer vehicle acquisition channel for its dealer partners – for free.

CarOffer Brings Powerful New Consumer Acquisition Tool to Market, Free and Ahead of Schedule

April 8, 2020

AP News

“The Consumer Buying solution is a product we planned on introducing later this year but given the unprecedented crisis COVID-19 has inflicted on our industry, we felt strongly that dealers need it now,” says Bruce Thompson, CarOffer CEO and Founder.

CarOffer Brings Powerful New Consumer Acquisition Tool to Market, Free and Ahead of Schedule

April 8, 2020

Cision PR Newswire

CarOffer Brings Powerful New Consumer Acquisition Tool to Market, Free and Ahead of Schedule

April 8, 2020

WFMZ-TV 69 News

Enhanced CarOffer Platform Helps Dealers Generate Instant Traffic and Sales During COVID-19 Crisis

CarOffer brings free consumer acquisition tool to market

April 8, 2020

Auto Remarketing

Helping auto dealers overcome the challenges of the COVID-19 pandemic, CarOffer has introduced a new feature to bring automation and efficiency to marketing and selling vehicles.

CarOffer Brings Powerful New Consumer Acquisition Tool to Market, Free and Ahead of Schedule

April 8, 2020

Morningstar, Inc.

Enhanced CarOffer Platform Helps Dealers Generate Instant Traffic and Sales During COVID-19 Crisis

CarOffer Brings Powerful New Consumer Acquisition Tool to Market, Free and Ahead of Schedule

April 8, 2020

MarTech Series

Enhanced CarOffer Platform Helps Dealers Generate Instant Traffic and Sales During COVID-19 Crisis

CarOffer Brings Powerful New Consumer Acquisition Tool to Market, Free and Ahead of Schedule

April 8, 2020

Tyler Morning Telegraph

Recognizing the challenges facing auto dealers during the pandemic crisis, CarOffer's new feature is focused on helping dealers reduce overhead, drive traffic and generate sales.

CarOffer Brings Powerful New Consumer Acquisition Tool to Market, Free and Ahead of Schedule

April 8, 2020

Star Local Media

CarOffer Brings Powerful New Consumer Acquisition Tool to Market

April 8, 2020

Auto Dealer Today

CarOffer Brings Powerful New Consumer Acquisition Tool to Market, Free and Ahead of Schedule

April 8, 2020

El Paso Inc.

Recognizing the challenges facing auto dealers during the pandemic crisis, CarOffer's new feature is focused on helping dealers reduce overhead, drive traffic and generate sales.

Fintech CarOffer creates used-car ‘stock exchange’

March 5, 2020

Auto Finance News

CarOffer, launched in September 2019, is a self-proclaimed “real-time Stock Exchange” for used vehicles, Thompson said. “Its just like placing a limit order in the stock market for Apple shares.”

NADA Daily 2020

February 14, 2020

Automotive News

See the CarOffer cover wrap on Automotive News’ NADA 2020 daily issue.

CarOffer’s Used Car Bidding Platform Hits $60M in Monthly Sales

February 12, 2020

Dallas Innovates

[CarOffer] says dealers can trade up to 30 percent more vehicles in the first 30 days using the platform, which is “retail automotive’s first automated instant wholesale vehicle trade platform.”

CAROFFER CELEBRATES RECORD MONTHLY SALES AND DEALER ENROLLMENT

February 10, 2020

AutoSuccess

[CarOffer] heads into the new year celebrating record monthly sales of $60M coupled with unprecedented 100% dealer rooftop growth in January.

CarOffer Soars into 2020 with Record Monthly Sales of $60M and 100% Month-Over-Month Dealer Enrollment

February 9, 2020

NBC 2

Company’s Automated Instant-Trade Platform is Transforming How Dealers Buy, Source and Trade for Pre-Owned Inventory

CarOffer reports record $60 million in monthly sales

February 7, 2020

Auto Remarketing

According to CarOffer, dealers can trade up to 30% more vehicles within the first 30 days of implementation.

CarOffer Soars into 2020 with Record Monthly Sales of $60M and 100% Month-Over-Month Dealer Enrollment

February 6, 2020

PR Newswire

Company's Automated Instant-Trade Platform is Transforming How Dealers Buy, Source and Trade for Pre-Owned Inventory

CarOffer Soars into 2020 with Record Monthly Sales of $60M and 100% Month-Over-Month Dealer Enrollment

February 6, 2020

Auto Blog

Company's Automated Instant-Trade Platform is Transforming How Dealers Buy, Source and Trade for Pre-Owned Inventory

CarOffer Soars into 2020 with Record Monthly Sales of $60M and 100% Month-Over-Month Dealer Enrollment

February 6, 2020

CarSizzler

Company's Automated Instant-Trade Platform is Transforming How Dealers Buy, Source and Trade for Pre-Owned Inventory

CarOffer Soars into 2020 with Record Monthly Sales of $60M and 100% Month-Over-Month Dealer Enrollment

February 6, 2020

Market Insider

"We've primarily used CarOffer to acquire inventory," says Mike Miskus, Used Car Manager at Indiana's Team Toyota. "We've purchased over 70 units through the platform in the last couple of months and found it to be a fantastic new way to source upstream vehicles. It's allowing us to continue double-digit year-over-year pre-owned sales increase."

CarOffer Soars into 2020 with Record Monthly Sales of $60M and 100% Month-Over-Month Dealer Enrollment

February 6, 2020

ASCCA

"CarOffer is the best tool we've seen in years – it's powerful and simple to use," says Chuck Kramer, COO of Foundation Auto Corp.

CarOffer Soars into 2020 with Record Monthly Sales of $60M and 100% Month-Over-Month Dealer Enrollment

February 6, 2020

AskAutoExperts.com

The company heads into the new year celebrating record monthly sales of $60M coupled with unprecedented 100% dealer rooftop growth in January. The perfect storm of an experienced team, a CEO serial entrepreneur, and a no-risk solution has set CarOffer up for early success and a strong outlook for 2020 with rooftop projections in the thousands by mid-year.

CarOffer Soars into 2020 with Record Monthly Sales of $60M and 100% Month-Over-Month Dealer Enrollment

February 6, 2020

AutomotiveAftermarket.org

"CarOffer's solution is unique and fills a need in our industry. We have successfully bought and sold units on CarOffer, and the system has allowed us to trade for 20-25% more vehicles due to its real-time offers at point of appraisal. And, we enjoy the ability to order our Gold and Platinum units in the system knowing they will get delivered as expected. I encourage every dealer to look at CarOffer."

CarOffer jumps in with instant trading

January 13, 2020

Automotive News

Bruce Thompson’s latest auto retail business is CarOffer, which lets dealers unload or stock up on used inventory.

Auto Remarketing Podcast: CarOffer Founder & CEO Bruce Thompson

December 6, 2019

Auto Remarketing Podcast

CarOffer founder and chief executive Bruce Thompson joined the show from Used Car Week 2019 last month in Las Vegas. Thompson talks about the market challenges his new company aims to solve and more.

Executive Profile: Bruce Thompson of CarOffer

December 6, 2019

Auto Remarketing

Car Dealers, Go All-In With Trade-Ins

November 5, 2019

Wards Auto

TBR 2019 3rd Quarter Vendor M&A Report

November 1, 2019

The Banks Report

Plano startup with $20M in backing revving up growth with used car marketplace for dealers

October 31, 2019

Biz Journals

Tool Promises More Trades

August 19, 2019

Used Car News

CarOffer Launches New Instant Wholesale Trade Platform Designed to Reverse Current Margin Compression Trend

August 14, 2019

Auto Success

CarOffer has created an entirely new way for dealers to win more trades, acquire more used inventory, and sell more cars for less cost.

CarOffer: Instant wholesale trade platform can reverse margin compression

August 7, 2019

Auto Remarketing

CarOffer™ Launches New Instant Wholesale Trade Platform Designed to Reverse Current Margin Compression Trend

August 6, 2019

Yahoo Finance

CarOffer™ Launches New Instant Wholesale Trade Platform Designed to Reverse Current Margin Compression Trend

August 6, 2019

Cision PR Newswire

New Wholesale Platform Promises to Reverse Margin Compression

August 6, 2019

Auto Dealer Today

[CarOffer] was designed to address today’s most pressing challenges surrounding appraisal win ratios, aging inventories, acquisition and selling of used vehicle inventory, and helping dealers reverse the current margin compression trends without monthly subscription fees or contracts.