Munie is an online auction site where members can buy and sell second-hand vehicles. Users can list vehicles they want to sell and see bids coming in.

Richard Berry, marketing manager for the Cooper Group explains that the website aims to provide a completely transparent way for trading vehicles.

“The Munie concept developed when group Managing Director, Ian Cooper became a little frustrated with the traditional auctioning process. He found that there were too many uncertainties when buying vehicles from auction, such as the actual condition of the vehicle. Vehicles are sold as seen and buyers cannot be sure what they are actually acquiring. It can also be an expensive process with collection charges, buyers premiums and sales commissions” he explains.

Moreover vehicles that are sent out for remarketing can sit in a yard for months on end before the vehicle is actually sold, with its worth depreciating on a daily basis. With Munie, vehicles do not even have to be taken out of active service to be sold.

“As a seller on Munie.co.uk, you can completely control the process as well as seeing exactly what is going on whilst selling the vehicle in the most cost effective manner.

munie.co.uk

Posted: 04|1|08 at 9:19 pm. Filed under: UK News.