Penske Launches Online Used Truck Auction Platform

Penske Used Trucks has launched an online auction platform for used vehicles. Penske said the new auction site is designed to streamline the commercial equipment-buying process. The platform is designed to provide users with a “seamless” and “intuitive” interface that allows them to easily find and bid on a wide selection of quality equipment from Penske.

Key Features:

• Exclusive Access: Bidding available only to registered users.
• Transparent Pricing: No hidden premiums, ensuring buyers know exactly what they are paying.
• Free Third-Party Condition Reports: Each vehicle comes with an independent assessment, offering valuable information about each truck’s condition.
• User-Friendly Interface: Designed for ease of use, offering a straightforward and efficient bidding process.
• Variety of Bidding Tools: Features such as auto bid, instant bid and advanced bidding allow for flexible and convenient participation.

Weekly Auctions

Penske said auctions will be held weekly, starting every Tuesday at 8 a.m. EST and ending on Thursday at 11:30 a.m. EST.

The platform will feature a range of vehicles, including light and medium duty trucks, heavy duty tractors, semi-trailers, and specialized equipment.

“We are committed to continuously improving the purchasing experience for our customers," said Jack Mitchell, senior vice president of vehicle remarketing for Penske Used Trucks. “The new auction site will provide an efficient, transparent and user-friendly way to acquire quality used trucks.”

To participate in the auctions, buyers must create an account on the Penske Used Trucks auction site. Registration provides access to the platform and its benefits.

For more information and to create a registered Auction site account, visit www.penskeusedtrucks.com/auction.