Insights & Updates

BidDrive Blog

Auction strategies, market insights, platform updates, and expert guides for Sri Lanka's vehicle community.

BidDrive Records LKR 450M in Total Auction Volume

We hit a major milestone this quarter — over LKR 450 million in verified vehicle transactions processed through our escrow platform since launch.

Ravindu Mendis

4 min read · June 5, 2026

7 Proven Strategies to Win Your First Car Auction

Buyer Tips

7 min

7 Proven Strategies to Win Your First Car Auction

Don't walk into a live auction unprepared. Our data team analyzed 2,000+ completed auctions to bring you the tactics that winning bidders actually use.

Bidding Strategy Tips

Why KYC Verification is the Foundation of a Safe Auction

Every transaction on BidDrive is backed by verified identities. Here's exactly how our KYC process works — and why it protects both buyers and sellers.

KYC Security

Dilani Wickramasinghe

May 20, 2026

Sri Lanka Used Car Market Report: Q2 2026

Market Trends

9 min

Sri Lanka Used Car Market Report: Q2 2026

SUV prices are up 12% year-on-year while sedan prices continue their downward correction. Our data science team breaks down what's driving the shift.

Introducing the BidDrive Dealer Portal

Dealerships can now list entire inventories in minutes, access real-time analytics, and manage their pipeline — all from one dashboard.

How to List Your Vehicle for Auction: A Complete Guide

Walk through our 6-step seller process — from uploading photos to setting your reserve price — to maximize your chance of a fast, above-reserve sale.

Bank-Grade Escrow: How BidDrive Protects Your Money

Your winning payment never goes directly to the seller until you confirm vehicle receipt. Here's the full technical explanation of how our escrow works.

Escrow Safety

Dilani Wickramasinghe

April 18, 2026