The car auction landscape in Australia has changed significantly in recent years with an increasing number of competitors offering frequent and low-cost online auctions to keep up with customer demand in real time.
Shannons has been at the forefront of catering to the unique needs of motoring enthusiasts for many years, and our auctions business has been a key part of our offering.
Recent years have seen a notable increase in the options our customers have in buying and selling vehicles and plates, which has prompted us to review the offering to determine whether auctions is still a unique need alongside Shannons Insurance and Club.
As part of this review, a decision has been made that Shannons will no longer be facilitating auctions as part of its core business.
Shannons will continue to be Australia's leading insurance provider for motoring enthusiasts and will continue its strong involvement in the car club movement through the Shannons Club, Australia’s largest motoring enthusiast community.
Shannons will continue to look at ways to support its customers including ramping up key events for members.