RECVEX Launches Wholesale Inventory Market
RECVEX recently launched a wholesale inventory marketplace and is currently accepting new RV dealers and lenders to sign up for its platform. RV dealers will be able to list any inventory for free for nationwide distribution, the company stated.
RECVEX incorporates a private proprietary bidding system that allows the highest bidder to work with the seller to find the true market value. Lenders that have repossessions are encouraged to sign up and use the platform at no cost, RECVEX stated.
In the coming weeks, RECVEX will introduce a sellers-only club and an optional “buy now” feature. The company said that dealers only pay a transaction fee when they buy a unit and fees are published up front with volume buying discounts available.
RECVEX has partnered with multiple freight companies in the greater Elkhart, Ind., area, which allows dealers to choose an optional shipping feature.