EVs, AI & Vehicle Re-marketing: How Auctions Are Changing

About the Episode

‍What happens when the shift to electric vehicles reaches the used-car market? In Episode 8 of Auto Futurecast, Chris Kirby is joined by Oliver from Generational and Gareth Jones from G3 Remarketing to explore how electrification and technology are changing vehicle auctions, remarketing and the way used vehicles reach dealers.From the balance between physical and digital auctions to the use of AI, data and automation in vehicle inspections, the conversation looks at how technology can improve operations and the experience for both buyers and sellers. As more electric vehicles enter the second-hand market, the industry also faces new questions around battery health, vehicle condition, pricing and buyer confidence.With independent dealers playing an important role in the used-car market, access to reliable vehicle information will be essential to helping them assess and sell used EVs with confidence. Chris, Oliver and Gareth discuss how the remarketing industry can prepare for this shift, why transparency matters and how the right technology can make the buying and selling process more effective.

Key Takeaways

‍‍EVs and the Used-Car Market: How increasing numbers of electric vehicles are entering wholesale auctions and the second-hand market.

‍Battery Health and Buyer Confidence: Why transparent battery health reports and reliable vehicle data can help buyers make more informed decisions.

‍The Role of AI in Vehicle Inspections: How AI and machine learning could help identify mileage, dashboard warnings and other vehicle information more efficiently.

‍Physical vs Digital Auctions: Why both auction formats continue to matter and how the right approach depends on the vehicle, seller and buyer.

‍Preparing Dealers for Used EVs: The challenges independent dealers face when assessing, pricing and selling electric vehicles.

‍Technology and Customer Experience: Why digitisation should improve the experience for buyers and sellers, rather than simply automate existing processes.

‍What You’ll Learn‍

‍How is EV adoption changing vehicle remarketing?

Explore how the growing presence of electric vehicles in wholesale auctions is changing the way vehicles are assessed, valued and sold, and why the industry needs to prepare for more used EVs entering the market as fleets renew their vehicles.

‍Why does battery health matter in the used EV market?

‍Understand how battery health information and transparent vehicle data can help address buyer concerns, particularly among independent dealers who may have less experience assessing electric vehicles. The discussion also considers how better information can support confidence in used EV transactions.

‍Can technology make vehicle auctions more effective?

‍Discover how digital workflows, improved inspections, AI and machine learning could reduce manual errors and improve vehicle presentation. The episode also examines why physical auctions remain relevant and why successful technology adoption must account for the needs of both buyers and sellers.

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‍Sponsored by Aon, in association with Tomorrow’s Journey & Generational.