iboats.com Partners with Go DEALER to DEALER to Provide Wholesale Boat Auction Services

July 14, 2006 (PRLEAP.COM) Business News
iboats.com has signed an agreement with Go DEALER to DEALER to provide their extensive dealer base with wholesale boat auction services powered by an online wholesale auction process. iboats.com is the largest full-featured Internet-based company serving both recreational boaters and marine businesses in the $36 billion dollar marine industry.

Drew McFadden, VP of Marketing Services at iboats.com, said, “In addition to the host of services iboats.com currently offers, we are always seeking opportunities to enhance our dealers’ experience. This new agreement allows our dealers to have pre-owned and non-current inventory available for retail and wholesale purchase at the same time.”

McFadden continues, “There is a nearly $8 billon market in pre-owned boat sales, most of which take place outside the industry. By giving our dealers the safety net of a wholesale marketplace, we’re enabling them to take trade-ins and take advantage of this lucrative but largely untapped market with confidence.”

“We are excited about the relationship with iboats.com and the unique program we have developed,” states Lewis Bungard, CEO and founder of Go DEALER to DEALER. “Our business is expanding in the marine, power sports, automotive and RV industries due to great business relationships like the one we formed with iboats.com.”

Bungard founded the company in 2000 to respond to the challenges of locating, buying and selling wholesale inventory as well as the high cost and time of transporting units to physical auctions. Go DEALER to DEALER, based in Gahanna, Ohio, has created a wholesale venue for dealers to list, buy and sell wholesale inventory 24/7. Now, using a fully automated web-based application, dealers can buy and sell wholesale inventory from any computer with Internet access.

iboats.com, a privately-owned corporation based in Draper, Utah, supports thousands of marine retailers in North America, offering them business solutions in the form of online boat-listing services, personalized web sites and e-commerce capabilities, a boat and motor leads program, and significant traffic directed to participating retailers’ web sites and physical establishments.

Contact Information:

Andrew McFadden —- iboats.com drew@iboats.com 630-834-3856

Lewis Bungard —- GDTD lbungard@godealertodealer.com 614-575-0001