Lotify

    Lotify vs Dealer Auction

    The Dealer Auction alternative for dealers who'd rather be told than have to look

    Of all the UK sourcing platforms, Dealer Auction sits closest to Lotify in form — both are online-first, both dealer-to-dealer, both skip the physical auction hall. The difference is the mechanism. Dealer Auction is still a catalogue you browse and bid on; Lotify flips the flow — you post what you want, dealers with matching stock come to you, and you negotiate directly in chat. No bidding, no fixed ending times, no commission on the deal. It's a smaller, more focused tool, not a feature-rich marketplace.

    At a glance

     Dealer AuctionLotify
    Model
    Online auction — browse catalogue, bid on listed stock
    Reverse marketplace — post wanted cards, dealers respond
    Pricing mechanism
    Ascending bid against other dealers
    Direct negotiation in chat
    Commissions / fees on the deal
    Commission charged on sold vehicles
    £0 on the transaction itself
    Timing
    Fixed auction windows; vehicles have set end times
    Asynchronous; respond when it suits you
    Stock discovery
    You scroll the catalogue looking for matches
    The network scrolls for you — dealers reply when they have your car
    Ecosystem
    Integrated with Auto Trader retail / stock management tools
    Standalone platform, no retail integration
    Best for
    Structured auction sourcing within an Auto Trader workflow
    Specification-led sourcing and fee-free trade

    What Dealer Auction does well

    • Platform maturity. Years of iteration, polished UI, solid mobile app. The user experience is genuinely good.
    • Auto Trader ecosystem. If you already use Auto Trader stock management, retail listings, or Retail Check, Dealer Auction slots into that workflow without duplicating data entry.
    • Active daily catalogue. Timed sales, fresh listings, and a rhythm dealers have adapted to. If you're browsing for opportunity, there's always stock on.
    • Known brand. The Auto Trader association means counterparties feel familiar — most dealers already have an Auto Trader account touchpoint.

    Where the auction model still gets in the way

    Dealer Auction is well-built, but the auction flow itself brings friction that some dealers would rather avoid:

    • You still pay a commission. Auction platforms, however slick, charge a percentage on sold vehicles. Over a year of part-ex disposal that's thousands of pounds per site.
    • You still have to search. The sourcing workload lives with the buyer — browse the catalogue, filter, save searches, check back. Nothing proactively matches your needs to available stock.
    • Auction windows force timing. A car ends at 3:47pm on Wednesday, whether that's when you're at a desk or not. Miss it and you start again.
    • Price gets bid up. The auction model exists to raise the hammer price. When margins are tight, bidding against another franchised group for the same part-ex turns a profitable sourcing run into a scrap.

    How Lotify's approach differs

    The marketplace runs in reverse. On Dealer Auction, dealers list stock and other dealers search for it. On Lotify, dealers post what they want and other dealers with matching stock come to them. Same underlying network, opposite flow — and it changes the unit economics for the buyer. You do the work of describing what you need once, and the network brings you options.

    No commission on completed deals. Lotify charges a flat monthly subscription after a 90-day free trial and takes nothing from the transaction. At higher volumes this materially changes the economics versus any percentage-based platform.

    Chat, not clock. Every response is a direct conversation. Ask for more photos, request a walkaround video, negotiate the price, agree a deal. There's no auction timer creating artificial pressure; you move at the pace of the trade.

    Dealer-only, manually verified. Every account is approved individually before access. No consumer accounts. No self-serve bypass. Because the network is small and curated, the noise-to-signal on responses is meaningfully better than a high-volume marketplace.

    Built for part-ex velocity. Part-exchanges are the deal shape Lotify is optimised for. You take a PX in on Monday, post it as stock you're offloading, have three dealers responding by Tuesday, gone by Friday. No fee on either side eating the margin you already thinned taking the PX in.

    When to use Dealer Auction vs Lotify

    These are genuinely different tools solving adjacent problems:

    Use Dealer Auction when

    • • You're already deep in the Auto Trader ecosystem
    • • You prefer browsing a curated catalogue to describing a requirement
    • • You source opportunistically, not to a specification
    • • Auction dynamics work in your favour (strong retail demand for the stock you target)

    Use Lotify when

    • • You source to specification (you know what you want)
    • • You move part-exchanges regularly
    • • Commissions meaningfully affect your margin
    • • You want to build relationships with specific dealers you trade with repeatedly
    • • You prefer negotiating in chat to bidding in a queue

    Frequently asked questions

    Isn't Lotify just another Dealer Auction?

    No — the mechanism is different. Dealer Auction is a catalogue of stock you bid on at set times, with commission on the sold price. Lotify is a reverse marketplace: you post what you're looking for and dealers with matching stock come to you via direct message. There's no auction, no bid queue, and no commission on the transaction.

    Can I use both?

    Yes, and many dealers do. Dealer Auction works well when you're browsing opportunistically or already inside the Auto Trader workflow. Lotify works well when you know the spec you need, or when you're trying to move part-ex stock without eating the margin on fees.

    Does Lotify integrate with Auto Trader?

    Not today. Lotify is a standalone platform focused purely on dealer-to-dealer trade. Integrations with retail stock management systems are on the roadmap but not live yet.

    How do prices get set without an auction?

    In direct conversation between the two dealers. The buyer posts a budget in the wanted card; the selling dealer responds with their price; the two of you negotiate in chat. It's closer to a phone call than a bid queue — faster than auctions on simple deals, slower on complex ones.

    What stops low-quality responses flooding my wanted card?

    Every dealer on the network is manually approved before access. Because the network is trade-only and curated, dealers who misuse responses — spamming irrelevant stock, wasting time — get flagged quickly. We treat noise as a serious problem and act on it; that's easier at our size than on a catalogue marketplace with tens of thousands of accounts.

    Is there a subscription fee?

    There's a flat monthly subscription after a 90-day free trial. No card required to sign up. That's the whole pricing model — nothing on top per transaction, no per-listing fees, no percentage on sales.

    Try the reverse marketplace

    Post your first wanted card in under two minutes. If the network has a match, you'll hear back directly. 90-day free trial, no card required.