Posts Tagged ‘auction’

Buy a New Chevy on Ebay, Are You Sure?

Tuesday, August 11th, 2009

Buy Your New Chevy from Ebay

Buy Your New Chevy from Ebay

California folks will have a new option to buy a chevy!

The government-rescued automaker General Motors announced today that it is starting a trial in which consumers can buy new cars through eBay, the online sales site, allowing buyers to purchase Chevrolets, Buicks, GMCs or Pontiacs before they set foot in a dealership.

The program will be initially limited to California, but the company hopes to extend it across the country.

“GM and our dealers are reinventing the car buying experience,” said Mark LaNeve, GM vice president of U.S. sales.

The company is pitching the new online sales effort as a sign of renewed innovation at the automaker, which underwent a bankruptcy filing earlier this year and has been kept afloat with a $50 billion investment by U.S. taxpayers

Currently, eBay lists many cars for sale, but most are used, The Washington Post reported today.

This latest program makes more new GM vehicles available online.

When the site, chevy.ebay.com, began operation Tuesday, consumers had two options to buy a car.

They can accept the “buy it now” price — that is, without haggling — with those prices set lower than sticker.

Or they can choose to make an offer and begin a negotiation.

The site also allows consumers to compare prices across models and dealerships, determine the value of their trade-in, and whether they qualify for the federal “cash for clunkers” program.

Although this program looks interesting and creative, time will tell its success. Also, you may get a better discount if you negotiate the price face to face with the car dealer. However, you hate the car salesman, then this is a very good option for you.