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ITV acquired a minority stake in Carwow, valued at £2.5 million in return for advertising inventory, as part of a media for equity scheme, with an option to invest a further £2.5 million. [21] [22] [23] In 2024, Carwow acquired Autovia, the publisher of former Dennis Publishing magazines Auto Express, Evo, DrivingElectric and Carbuyer. [24] [25]
The company was founded by Noel and Darren McKee in 2006. [7]In 2013, the company was sold to the used car marketplace, British Car Auctions (BCA). [8]In November 2019, private equity group TDR Capital completed the purchase of webuyanycar.com's parent company, BCA, for a reported £1.9bn.
Online auto auctions are also growing in popularity. One of the most popular online auctions to buy cars from is eBay Motors. [13] On eBay Motors, any user can create an account and put their vehicle(s) up for auction even if they are from a state that only allows closed auctions. There is usually a fee associated with selling a vehicle on eBay ...
In September 2024, Auto Express launched its own "Sell my car" [18] service providing consumers with the option of selling their car directly to the Carwow Group network of over 5,500 verified UK car dealers. The service on the Auto Express website works by providing a car valuation and giving users the option of listing the car for sale.
This is a list of the most expensive cars sold in public auto auctions through the traditional bidding process.. On May 5, 2022, in a secret auction at the brand's museum in Germany, Mercedes-Benz sold one of just two 1955 300 SLR Uhlenhaut coupes from its extensive collection of historical automobiles—which dates back to the earliest days of the car in the late 19th century.
Mecum Auctions, Inc. is an American auction company specializing in collector cars and motorcycles. It was founded by Dana Mecum in 1988, and was originally based in Marengo, Illinois . Since 2011, it has been headquartered in Walworth, Wisconsin .