Remarket Space operates an online marketplace for buying and selling used vehicles in Minnesota, offering live and proxy auctions with detailed listings, photos, videos, and condition reports. The platform streamlines the transaction process with secure payments, title handling, and optional services such as transport, reconditioning, and storage, giving buyers and sellers broader inventory access and transparent auction experiences.
Funding
Funding not disclosed
Founders
Product
Problem
Buyers and sellers of used vehicles often face limited access to a wide inventory, geographic constraints, and opaque auction processes that make purchasing or liquidating cars time‑consuming and risky.
Solution
Remarket Space operates an online vehicle marketplace focused on the Minnesota region, enabling users to browse, bid on, and purchase a broad range of cars through live and proxy auctions. The platform provides detailed listings with photos, videos, and condition notes, while allowing buyers to conduct on‑site inspections (engine start, diagnostic scans) without test drives. Transactions are completed via secure payment methods, and titles are processed and delivered through a streamlined, cloud‑based workflow. Additional services such as vehicle transport, reconditioning, and storage are offered to support end‑to‑end ownership transfer.
Target Audience
Primary customers are individual car buyers, dealers, and fleet operators in Minnesota and surrounding states who need access to a wide selection of used vehicles and a reliable auction platform.
Features
- Comprehensive online inventory with high‑resolution images, videos, and mileage/title disclosures
- Live and proxy auction formats with incremental $50 bidding and no‑reserve options
- On‑site inspection protocol (engine start, diagnostic code reading, key checkout) to verify vehicle condition before purchase
- Secure payment processing (credit cards, cashier’s checks) with buyer’s premium and administrative fee structures
- Title handling and delivery service, including 1‑3 month turnaround for Minnesota titles and up to 31 days for out‑of‑state buyers
- Optional vehicle transport, reconditioning, and on‑lot services (jump packs, air compressors, accessories)
- Transparent late‑payment and storage fee schedules to manage post‑auction obligations