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Car Auction App Development: Everything You Need to Know

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Prismetric Technologies
Car Auction App Development: Everything You Need to Know

A car is always a large purchase and something that demands a lot of research. Earlier people used to go to a car dealership or connect with individuals to buy old cars. The process was very cumbersome as the person would need to go and inspect the car before finalizing the deal physically.

The car’s paperwork is another cumbersome process that the car buyers and sellers have to go through during the process. Like many other things, the hassle of buying a car offline has prompted people to look for online options. The new and second-hand market for cars is huge and is expected to grow in the coming years.

automotive-sales

The huge market size has lured many entrepreneurs to explore the online car buying space. Today, car dealership owners are looking to gain a better traction utilizing by employing mobile technology for engaging their prospects.

The dealers involved in the business of buying and selling used cars are looking for top mobile app development company to develop an efficient car auction application for their business. This article aims to guide all those entrepreneurs who want to build an online car auction app.

Benefits of having a car auction app

Benefits of a Car Auction App

The car auctions apps have changed the dynamics of the automobile industry due to its disruptive model. There are many advantages of a car auction app, we have mentioned the advantages according to the type of users.

Dealers

For car dealers, it is a big hassle to manage car bookings physically. A car auctions app can help them manage the booking, let the customers know the car’s scheduled delivery, and help the dealers keep their customers updated with the paperwork.

With limited availability of test drive cars, it becomes difficult for car dealers when too many customers wait their turn for a test drive. Through a car auctions app, car buyers can schedule a test drive according to their convenience and avoid the hassle of waiting in the car dealership.

A car auctions app lets the dealers respond to the queries of their customers timely and efficiently. By responding to customers’ queries immediately, the dealers can raise the levels of customer engagement.

Car dealers need to improve their services to stay in competition consistently. A car auctions app allows the dealers to easily connect with the customers and receive their feedback and suggestions to improve their dealership.

Individual car buyers and sellers

It is a big hassle for car buyers to go from one car dealership to another to get their short-listed cars’ price. A car auctions app removes this hassle as it allows the car buyers to see the price of a car immediately on the car auctions app.

The customers can also compare the price of the same car in different dealerships. Apart from prices, a second hand car app can also help the customers know the other details of a car like the features, dimensions, available colors, finance options, mileage, estimated maintenance cost and the expected delivery date of the car.

A car auctions app can prove quite helpful for people who want to sell their old car. A car auctions app allows car owners to post pictures and other details of their car online and get the best deal for their car.

Many car auctions apps take up the hassle of paperwork like transferring the ownership of the car and thus prove to be a much better option than selling cars offline.

Request quote for app development team

Despite the rise of car-sharing apps like Uber and Lyft, the lure of a personal car remains there. Contrary to popular belief, the tech-savvy millennials do not hate cars, but they are averse to the idea of buying a car from car dealerships.

According to a New York Times article, millennials are fueling the next automobile boom by buying a car online. The hassle of researching while buying a car has prompted users to go online.

There are many car auctions apps available in the market today that help a person to buy used cars, we have discussed a few below.

Truecar

Truecar is one of the most popular car auctions apps in the USA. Truecar provides potential car buyers with all the necessary details regarding buying a car.

Truecar is one of the best apps to buy used cars as well as new cars. Truecar offers great transparency to car buyers and the app has more than 13,000 car dealers associated with it. The following are the salient features of the app

  • Multiple car deals for the app’s users
  • Truecar offers guaranteed savings to its customers with respect to the price suggested by the manufacturer
  • The company has ensured that with iPhone X optimizations, the users have a great time using the app
  • Truecar helps the users compare prices of cars between dealers of the same area
  • Truecar allows the users to directly connect with the car dealers for any queries related to the purchase
  • One can coordinate a visit with the car dealer representatives for a test drive or to address any queries

Autotrader

Autotrader is another popular car auction mobile app in the market. Autotrader lets its users save a car they are interested in to have a detailed look at it later.

The customers of Autotrader also get a free detailed vehicle history report. Autotrader lets users choose from its huge collection of pre-owned, certified refurbished cars checked by the app and new cars.

Following are some interesting features of Autotrader:

  • Comprehensive vehicle information
  • The app has a separate section for classic cars
  • Has super-detailed filters based on attributes like car color, transmission type, model, engine and fuel consumption

Instamotor

Instamotor acts as a featured list of cars, something similar to Craigslist. Instamotor is a private car marketplace that connects the buyers and sellers and makes the entire buying and selling a car simple, transparent, and personalized.

The team at Instamotor does extensive checks of all the cars before listing them. They do so to ensure that there are no fraudulent transactions on the Instamotor platform. These features of Instamotor make it one of the best used car auctions app out there.

Key features of Instamotor:

  • Instamotor qualifies a buyer for car loan within a few minutes
  • Instamotor checks whether the manufacturer has recalled the car model in past
  • The users of Instamotor get a vehicle history report by Experian AutoCheck
  • Instamotor offers the users a visual breakdown of the car’s special features

How much will it cost to develop an online car auction app?

Cost to build a Car Auction App (1)

The cost to build a car auction app will range from $25000 to $120000 and even more than that based on the features selected. The reason to have such a wide range is because the cost depends on a lot of factors and the businesses need, just like any other mobile app. To add to that, the automotive industry is a very fast paced one and those that do not adapt to newer technologies will loose its way.

One of the most important steps to build a mobile app is conducting market research regarding the cost. For any business the cost of building an app is of utmost concern since the investment can make or break your business and getting a solution built can help the business gain much higher ROI.

We have listed below some of the most important factors affecting the car auction app development cost.

Hybrid or Native app

When one starts thinking about building a car auctions app or any app for that matter, the first question that comes to mind is whether to build a hybrid app or a native one.

A native app gives great performance as it is able to utilize the hardware capabilities of a Smartphone. The smooth performance of a native app comes at a price.

If a business is planning to cater to both iOS and Android users, they will have to build two separate native apps for both the platforms. A hybrid app is an app that can run on both iOS as well as Android platforms.

With the rise of cross platform app development frameworks and SDKs like React Native & Flutter, the developers now can build hybrid apps that have near-native performance.

A hybrid car auctions app development will cost much lesser than developing native apps for Android and iOS platforms. This is because the number of developers required to build a hybrid car auctions app will be much lesser and also there will be a significant amount of reduction in the development hours again reducing the overall development cost.

Read continue on Car auction Development full-guide

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