Collector Half Alternate ™ launches on-line market to modernize the $ 2+ billion basic automotive elements market
Collector Part Exchange ™ launches the online marketplace to simplify the buying and selling of classic car parts.
“The collector car hobby is experiencing a steady growth, driven by the shift to online sales. Unfortunately, for suppliers who are typically specialized small businesses, supporting online sales is a huge challenge – risk getting started Selling online so they can meet their buyers where they are, “said Chris Bright, Co-Founder of Collector Part Exchange. “We also hope to encourage private sellers to clean their garages in order to get more and more spare parts back into circulation.”
Collector Part Exchange was built on feedback from hundreds of hours of interviews with parts suppliers, custom manufacturers, and restoration and repair shops. CPX is optimized for the needs of the collector car community with the following main features:
- Communication between buyer and seller throughout the transaction.
- Sellers offer items for free and pay 5% commission when an item is sold.
- Powerful on-site search engine finds parts quickly.
- Buyers buy with confidence from a community of reputable sellers.
- The online marketplace is easy and intuitive to use from the first visit.
- The entire shopping experience is free of advertising and sponsors.
“We have accumulated a lot of parts along with vehicles that we buy and sell, and opened a CPX shop to sell them. Finding special parts is like discovering gold. In the past, you had to know someone with the same car or spend hours telephoning the world to find them. CPX meets a great need and should help reduce the cost of restoration. Less time is spent looking for parts and more actually working on vehicles, “said Bruce Trenery, Founder, Fantasy Junction.
“The response has been supported by dozens of salespeople in America and overwhelming Europe The tens of thousands of items on our website are worth more than. to offer $ 4 million. More parts are added every day. We have complete Ferrari engines, bespoke upholstery, automobilia and even a Project Cars department with non-running vehicles. It will be “the” place to find what you need. If you don’t see it, try our part ping™ Service to find the exact part, “concluded Bright.
According to Hagerty Insurance, the US collector’s car community is made up of 18 million owners and 31 million vehicles with a total value of more than $ 1 trillion. SEMA appreciates that $ 890 million In the United States, parts worth parts for vehicles prior to 1974 are sold every year. If you add the worldwide parts sales for vehicles before 1990, the estimates exceed $ 2 billion.
About the exchange of collector’s parts
Collector Part Exchange is the first online marketplace exclusively for collector vehicle parts. Founded in 2020 and based in Portland, Oregon, CPX brings together leading parts suppliers from around the world in a modern online marketplace that serves the multi-billion dollar market for new, used and reproduced parts as well as customer-specific services. More information is available at http://www.collectorpartexchange.com
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SOURCE Collector parts exchange