A simulcast auction runs live in-lane bidding and remote online bidding simultaneously, with all buyers competing in real time against one another regardless of their physical location. Remote buyers access the auction via a web platform or app, view the vehicle via live video feed, and submit bids that compete directly with buyers on the auction floor.
Simulcast has fundamentally expanded the competitive landscape of wholesale vehicle auctions. A dealer in Texas can now compete for and win vehicles at an auction in New Jersey without leaving their desk. For sellers, simulcast increases buyer reach and typically drives stronger sale prices. For buyers, it expands sourcing options significantly but also means more competition on desirable units.