Lotify vs Dealer Auction
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.
| Dealer Auction | Lotify | |
|---|---|---|
| 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 |
Dealer Auction is well-built, but the auction flow itself brings friction that some dealers would rather avoid:
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.
These are genuinely different tools solving adjacent problems:
Use Dealer Auction when
Use Lotify when
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.
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.
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.
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.
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.
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.
Compare against other alternatives
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.