GM Dealers Begin Selling Cars on Ebay
The trial program is scheduled to last until September 8th, but will likely be expanded nationwide after that.
About 90% of California GM dealers are participating and in total are listing around 20,000 vehicles.
You can browse the inventory at gm.ebay.com. The listings are not actually auctions.
The way it works is the dealer offers a sales price that you can accept right off the bat, or you can submit your own price.
If you submit your own price, you will end up doing a back-and-forth negotiation, much like you would at the dealership.
Therefore, this program isn't really innovative. It's just a different way of negotiating for a new car.
It's definetley worth a try though. Dealers may be willing to negotiate good deals just to help promote the program.
My Recommendation for Car ShoppersTrueCar No-Haggle, CarsDirect, and Ryde Shopper 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.
- Gregg Fidan
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid