Car Lister announced Monday the launch of its fully transactional e-commerce platform that allows dealers to buy, sell, trade and ship inventory to each other.

The Dealer Wholesale Platform is now available for dealers to create national wholesale groups to manage movement of vehicles between members.

According to Car Lister, the platform allows dealers to pre-select their buying preferences. The platform then automatically searches the Car Lister inventory to source vehicles from private consumers, dealer wholesale inventory, and other industry related inventory.

The program then allows dealers to keep sell and buy fees in-house, as well as allowing them to place an electronic deposit, confirm title, schedule an inspection, arrange shipping and finalize payment with ACH funds transfer.

Bryan Harmon, the founder and chief executive officer of Dreamware Inc., Car Lister’s parent company, compares the Dealer Wholesale Platform to the stock market, saying that dealers can use it to buy, sell, trade and track inventory while also viewing inspection reports and ship.

He also said the product has the potential to facilitate the vehicle trade process in a way that lessens the pain points involved in the traditional wholesale process.

Harmon went on to add that through its services, “dealers will have full control over how and when they bring new inventory onto their lots by fully harnessing the power of technology and the Internet. Our vision for wholesale is to be proactive, not reactive. That's why we validate the title and inspection reports before a vehicle is shipped, thus eliminating any problems before they occur."

For more info on Car Lister, visit our previous write-up here.