COVID accelerated semiconductor constraints on vehicle production, increasing prices and wait times. According to Moody's Analytics, in 2021 used car prices jumped 21 percent, with an additional 3.6 percent increase expected this year.

As the used cars market boomed and the automotive sector becomes ripe for digitisation, Desmond Sanborn launched Sell2Dealers – a digital automotive marketplace that allows Australians to sell used cars, motorbikes or trucks to registered dealers without buyers’ or sellers’ premium. Fast, low touch and affordable, Australians can now sell vehicles at higher prices, while dealers access greater variety and a new online platform to sell. https://sell2dealers.com.au/