Posted 1/18/2024, 1:18:41 AM
Bring a Trailer Sells Record $1.4B in Vehicles in 2023 Despite Economic Uncertainty
- Despite economic uncertainty, Bring a Trailer (BaT) sold a record $1.4 billion in vehicles in 2023, up 2% from 2022
- BaT sold over 30,000 vehicles in 2023, a 19% increase over 2022, even as average sale price fell from $59.5K to $54K
- BaT grew its user base significantly, from 880K registered users in 2022 to 1.2 million in 2023
- BaT plans new features in 2024 to streamline buying/selling process and make transactions smoother
- BaT expects spring to be a big season as usual; sees cars from 2000s becoming more collectible