Remarket Space
Remarket Space is an online auction marketplace that sells wholesale-priced used vehicles directly to individual consumers and licensed dealers in the U.S. Midwest, offering no-reserve bidding, professional inspections, vehicle finder search, and integrated delivery from its Minnesota headquarters.
- Company typePrivate
- Founded2020
- HeadquartersElk River, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingDigital Commerce or Content
What Remarket Space does
Remarket Space is an online automotive marketplace that provides wholesale-priced used vehicles directly to consumers, operating from its headquarters in Elk River, Minnesota. Founded in 2020 as a privately held LLC, the company runs an auction-based platform that combines wholesale pricing with a professional intake process, vehicle inspections, verified title documentation, and integrated delivery services, positioning itself as an alternative to traditional dealership markups and informal peer-to-peer car sales.
The platform is built around an online auction engine supporting both live bidding and Buy Now or make-offer transactions, with a "no-reserve" listing format. The product surface includes a Vehicle Finder search tool with filters by year, make, model, mileage, body type, drivetrain, engine, fuel, transmission, drivability, and title status; a "Verified by Remarket Space" inspection badge backed by a professional intake workflow; saved-search email and SMS alerts; and a Hassle-Free Delivery service using licensed and insured drivers with damage and fraud protection. Underlying infrastructure relies on Authorize.Net for payment processing and Amazon CloudFront for image delivery; no public APIs, SDKs, or machine-learning capabilities are exposed or disclosed.
Monetization is transaction-based. Revenue is generated through buyer premiums and administrative fees on each vehicle sold, with a separate seller-side listing fee for vehicles consigned to the platform. The primary customer segment is individual consumers in the U.S. Midwest seeking wholesale pricing without dealer markups or peer-to-peer transaction risk; a secondary Power Buyers program serves licensed dealers with lot pickup and expanded payment options. The company reports cumulative sales of more than 10,000 vehicles and a 4.6-out-of-5 Google customer rating.
Remarket Space firmographics
Firmographics- Name
- Remarket Space
- Legal name
- Remarket Space, LLC
- Website
- https://remarketspace.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Remarket Space is an online auction marketplace that sells wholesale-priced used vehicles directly to individual consumers and licensed dealers in the U.S. Midwest, offering no-reserve bidding, professional inspections, vehicle finder search, and integrated delivery from its Minnesota headquarters.
- Ownership category
- akta.pro rank
Remarket Space industry classification
Industry- Product category
- Online Vehicle Auctions
- NAICS
- Used Car Dealers (44112), Automobile Dealers (4411)
- akta.pro primary industry
- Wholesale Vehicle Auctions (Physical & Online) (TLABAKAA)
- akta.pro secondary industries
- Vehicle Inspection, Grading & Condition Reporting Services (TLABAKAE), Dealer-to-Dealer (B2B) Vehicle Remarketing Networks (TLABAKAB)
Keywords
Where Remarket Space is headquartered
LocationHeadquarters
- HQ city
- Elk River
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Remarket Space business model
Business model- GTM type
- B2B and B2C
- Offering type
- Digital Commerce or Content
- Cost components
- Technology or R&D, Operations, Personnel, Marketing or Sales, Supply Chain
Revenue model
- Auction Transaction Fees: Revenue from buyer premiums and administrative fees charged on vehicle purchases through the auction platform. Buyers pay a premium on top of the winning bid amount.
- Seller Fees: Revenue from sellers listing vehicles on the platform. The site mentions 'Become a Seller' functionality.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Auction-based vehicle pricing with Buy Now and bidding options |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels9 records
Remarket Space product offering
Product offeringCore offering
Remarket Space operates an online auction marketplace where individual consumers and licensed dealers can bid on or Buy Now wholesale-priced used vehicles directly, bypassing traditional dealership markups. Every vehicle is processed through professional intake inspections and title verification before listing, and purchases are fulfilled through secure Authorize.Net payment processing plus optional full-service vehicle delivery with damage protection by licensed and insured drivers.
Product overview
Remarket Space operates as a single unified automotive marketplace platform that combines an online auction marketplace, vehicle finder search tool, professional inspection services, and delivery logistics. The core platform enables consumers to purchase vehicles through live auctions or make-offer/buy-now options, while the Vehicle Finder module provides advanced filtering capabilities. The platform differentiates itself through integrated professional vehicle inspections, verified title documentation, and hassl-free delivery services.
Differentiator
Problem solved
Functional benefit
Products and services
- Remarket Space Automotive Marketplace Minnesota-based online automotive marketplace providing wholesale vehicle access directly to consumers through auction-based sales, combining wholesale pricing with professional intake processes and full inspections.
- Vehicle Auction Platform Online auction platform where users bid on and purchase vehicles through live auctions or make-offer purchases, featuring real-time bidding, no-reserve options, and Buy Now pricing.
- Hassle-Free Delivery Vehicle delivery service featuring fully licensed and insured drivers, damage and fraud protection, doorstep delivery, and no storage fees. Power buyers and licensed dealers also receive lot pickup options.
- Vehicle Inspections Professional vehicle inspection service included in the intake process, providing condition reports with drivability assessments, tire tread measurements, mechanical evaluations, and title verification (Verified by Remarket Space badge).
Quantifiable outcome
- Sold over 10,000 vehicles with 4.6/5 Google rating
Companies that use Remarket Space
Customer profileSegments2 records
Ideal customer profiles1 record
Remarket Space technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature3 records
Remarket Space partnerships and signals
Strategic signalScale indicators2 records
Recent moves4 records
Expansion highlights4 records
Remarket Space competitors and assessment
Company assessmentEmerging players
- Bring a Trailer: Curated online vehicle auction community with strong trust and engagement signals. Comparable to Remarket Space in consumer-facing online auction format and emphasis on verified listings.
- Cars & Bids: Online auction marketplace focused on modern enthusiast vehicles with detailed listings and inspection transparency. Comparable to Remarket Space in online auction format but skews newer/inventory.
Direct peers
- Copart: Largest US online vehicle auction marketplace operating both consumer and dealer channels. Directly competes with Remarket Space in online wholesale vehicle auctions but at vastly greater scale and geographic reach.
- BacklotCars: Mobile-first dealer-to-dealer vehicle auction platform offering inspections and financing. Comparable to Remarket Space in dealer channel and online/wholesale auction flow.
- ACV Auctions: Online dealer-to-dealer vehicle auction platform with condition reports and integrated logistics. Highly comparable to Remarket Space's dealer Power Buyers program and inspection-based trust model.
- IAA (Insurance Auto Auctions, part of KAR Auction Services / RBA): Major online salvage and used vehicle auction platform serving consumers, dealers, and fleet/insurer sellers. Overlaps with Remarket Space in online auction mechanics, buyer premiums, and dealer-to-dealer flow.
Broad incumbents
- Adesa: Wholesale vehicle auction company operating physical auction sites and digital channels under the KAR/RBA group. Overlaps with Remarket Space in dealer-targeted wholesale auctioning.
- Manheim (Cox Automotive): Wholesale vehicle auction leader combining physical and digital channels under Cox Automotive. Operates at vastly larger scale than Remarket Space but in the same wholesale auction category.
- CarGurus: Large online automotive marketplace with dealer listings and pricing transparency tools. Adjacent competitor to Remarket Space for consumer used-vehicle discovery and dealer lead flow.
- eBay Motors: Massive online vehicle marketplace with both auction and Buy It Now formats. Comparable to Remarket Space in transaction-fee-based online vehicle marketplace mechanics but vastly broader in scope.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Remarket Space social profiles
Digital presenceRemarket Space financial estimates
Financial estimateRevenue estimate
Valuation estimate
Remarket Space leadership team
Management profileNumber of profiles
Remarket Space funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Remarket Space M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Remarket Space
What does Remarket Space do?
Remarket Space operates an online auction marketplace where individual consumers and licensed dealers can bid on or Buy Now wholesale-priced used vehicles directly, bypassing traditional dealership markups. Every vehicle is processed through professional intake inspections and title verification before listing, and purchases are fulfilled through secure Authorize.Net payment processing plus optional full-service vehicle delivery with damage protection by licensed and insured drivers.
Is Remarket Space a public or private company?
Remarket Space is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Remarket Space founded?
Remarket Space was founded in 2020. It employs 11 to 50 people.
Where is Remarket Space based?
Remarket Space is headquartered in Elk River, United States, in the North America region.
How does Remarket Space make money?
Two revenue lines are on record. Auction Transaction Fees are the primary driver. The others are seller Fees.
Who are Remarket Space's main competitors?
Emerging players on record are Bring a Trailer and Cars & Bids. Direct peers are Copart, BacklotCars, ACV Auctions and IAA (Insurance Auto Auctions, part of KAR Auction Services / RBA). Broad incumbents are Adesa, Manheim (Cox Automotive), CarGurus and eBay Motors.
Does Remarket Space have an API?
No public API is recorded for Remarket Space.
What industry is Remarket Space in?
Remarket Space's product category is Online Vehicle Auctions. Its primary akta.pro industry code is TLABAKAA, Wholesale Vehicle Auctions (Physical & Online), with a secondary code of TLABAKAE, Vehicle Inspection, Grading & Condition Reporting Services. Its NAICS code is 44112.