AutoNation offers to buy used cars listed in popular third-party websites

Article by Christian Andrei, on January 31, 2012

AutoNation Inc. is bidding to buy used vehicles that are listed for sale on renowned third-party websites even without having seen any of them. It offers to pay the offered amount for an automobile if the condition description proves to be accurate when it is brought to an AutoNation establishment. COO Mike Maroone of the country's biggest dealership group states that the pilot program with Edmunds.com, eBay and Autobytel will identify whether it is a practical method to purchase used-vehicle inventory compared to doing it at auctions.

He added that they would rather earn from the trade-ins instead of outbidding everyone else at the auction, adding that they try and find creative ways to purchase them. He relates that the pilot program began in the fourth quarter last year and will continue until they "validate it."

He explains that it has to be proven that it is "worth the time and the effort." Maroone did not disclose how many automobiles have been bought under the program. The guaranteed proposal to buy vehicles is provided to consumers who list automobiles for sale in areas where AutoNation has stores, a spokesperson states.

AutoNation vice president of media and owner retention Ed Cicale states that the offers to purchase are made within 24 hours of consumers' submitting vehicle descriptions.

These offers are valid for seven days or 700 additional miles on the odometer, whichever comes first. A consumer who wants to take an offer must bring the automobile to an AutoNation store, where it would be examined. If the condition of the vehicle matches the description submitted to AutoNation, the company purchases the vehicle for the price quoted to the owner. [source: Autonews]

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

The Shooting Brake is probably the least rendered body shape in the automotive world. But it’s also the most sought after design among car nuts for its unique, old-fashioned charm....
by - January 23, 2017
Perhaps to make the upcoming Valentine’s day more special, Tinder dating app and Ford UK have cooked up a special blind date for all the single blokes and chicks in...
by - January 23, 2017
2017 is undeniably a very busy year for BMW. After introducing the new 4-Series, the German automaker has just released several new updates. In relation to this, BMW is also...
by - January 23, 2017
The renowned Shelby Super Snake is now 50 years old! As we greet the Super Snake a “happy birthday” or a “happy anniversary,” Shelby itself is celebrating half a century...
by - January 23, 2017
Nearly a year after the Subaru XV Concept was unveiled at the 2016 Geneva Motor Show in Switzerland, this SUV study is making its North American debut at the 2017...
by - January 23, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries