How IT Works.

Roxy, the AI-powered auto auction buying system, is designed to help you maximize your profits while reducing the hassle associated with auction purchases. Here’s how:

1. Research and Analysis: Roxy employs advanced AI algorithms and machine learning to scan a vast array of online auto auctions, identifying the best deals that meet your specific requirements. The system processes thousands of listings in a fraction of the time a human would require, analyzing details such as descriptions, vehicle conditions/damages, history, announcements, supply/demand/popularity, and potential errors in existing pricing models (including MMR, KBB, NADA, Blackbook). It also leverages historical data about sellers and similar vehicles.

2. Bid Strategy: Roxy develops an optimized bidding strategy for each customer, accounting for your local market conditions, trending cars, and competitive landscape. It aims to increase your chances of winning auctions at optimal prices, enhancing your overall profits.

3. Automatic Bidding: Once the strategy is set, Roxy takes over the bidding process, tracking multiple auctions simultaneously in real-time and buying the most profitable cars that align with your specific selling capabilities. This ensures you never miss a good opportunity due to time constraints or simultaneous auctions, and always be the first to see a new car become available.

4. Risk Management: Roxy minimizes your risk by evaluating auction behaviors, potential short-term market changes, and changes in the condition of a car from one auction to another. It predicts potential resale values based on market trends, ensuring your inventory purchases remain profitable.

5. Profit Maximization: Roxy factors in your specific transport costs, recon fees, buy/sell fee structures, and cost of capital/flooring. It considers the most optimized inventory to meet your profit goals and growth aspirations.

6. Setting up and Maintenance: Initial setup takes less than 15 minutes, and weekly maintenance requires even less time. All you need to do is inform us about your desired average gross profit per car, your total budget for the week, and your preferred maximum price per unit. Once these parameters are set, you can sit back and let Roxy work its magic. It’s designed to ensure you acquire the most profitable inventory tailored to your unique business needs. Let Roxy’s advanced AI turn the complex task of auto auction buying into a simple, efficient, and profitable process.