TradeRev Reaches Milestone in Vehicles Posted to its Appraisal and Auctioning System

TradeRev - August 5, 2015

Toron­to-based TradeRev has reached a mile­stone by post­ing its 100,000th vehi­cle to the TradeRev sys­tem. TradeRev lever­ages mobile tech­nol­o­gy to enable deal­ers to do real-time auc­tions on vehi­cles as part of the vehi­cle trade-in appraisal process; it also facil­i­tates deal­ers auc­tion­ing vehi­cles to oth­er deal­ers direct­ly from their stores. Found­ed in 2009, the com­pa­ny pro­vides a vehi­cle appraisal and auc­tion­ing sys­tem for deal­ers. TradeRev has grown rapid­ly in Cana­da and has been expand­ing strate­gi­cal­ly in the Unit­ed States since ADESA acquired a 50% stake in August 2014.



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