Almost ten years ago, our founder Nick Patterson was a used car manager at a Toyota store in Northern California, and he was sick of paying ridiculously high auction fees for average cars that sat 60 days on the lot.

He tried everything: KBB ICO, rental fleets, dealer trades. Nothing solved the problem. The best cars were always trade-ins, but realistically you cant supply an entire store buying out of your service drive, especially in a small town like Chico.

So Nick built his own solution, an outbound private-party buy center. His mission was simple: buy every Toyota Tacoma within 100 miles listed on Facebook or Craigslist. It worked. He took his department from break-even to $2 million in profit in a year.

He started investing those profits into a system other dealers could use, built around one belief: the real competition isn’t the dealer down the street, it’s the people buying and selling cars in their driveways.

That system became VETTX, a platform that pulls every private-party listing into one place, enriches the data, and helps dealers build their own buying centers.

Today, we partner with some of the largest dealerships in the country and continue to evolve fast. With new technology and hands-on training, even a store with zero experience can spin up a full private-party acquisition pipeline in under a week.

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