GM to Experiment Selling New Cars on Ebay
For a long time now, manufacturers have been trying to figure out a way to sell cars online without the hassles of negotiating at a dealership.
Dealer franchise laws make this difficult because by law, you are only allowd to buy a new car at a dealership. You simply can't order a car direct from the manufacturer.
Now that GM is coming out of bankruptcy, they seem to have more wiggle room in regards to selling cars in non-traditional ways.
GM will begin experimenting selling new cars via auction on Ebay Motors.
The cars will still be sold through dealers, but this will give car buyers a new option when it comes to negotiating a deal.
The auctions will only be offered in California and will include the "buy it now" option. The launch date has not been set yet, but we'll let you know when it does.
As with most new programs, there will probably be some exceptional deals in the beginning to lure buyers. It will probably be worth your while to try it out when this becomes available.
My Recommendation for Car ShoppersTrueCar, Edmunds, and 1-800 Car Show are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.
New York Tri-State Residents - Important:There is a new car leasing service called Carvoy, available to NY tri-state area residents, which I recommend you try - especially if you hate the stress of haggling with car dealerships. Carvoy provides pre-negotiated lease deals, calculated with taxes and all fees incuded so you know exactly what it will cost. Here is my list of Best Carvoy deals, updated each month.
- Gregg Fidan
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About: Gregg Fidan
Gregg Fidan + is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.
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