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, 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:


Login or Create new account to add a comment!


Tesla is making sure that all models under production will receive the necessary advanced hardware that will allow them to be autonomously driven. The fitment of these advanced hardware to...
by - October 27, 2016
Wondering how fast the 2017 Chevrolet Camaro ZL1 in actual driving? To provide customers a good idea on how fast the 2017 Camaro ZL1 could really get, Chevrolet recently had...
by - October 27, 2016
So, it is official! The new Honda Clarity FCV has the longest verified range of any zero-emissions vehicle currently on the road in the United States. One of the main...
by - October 27, 2016
Many have been anticipating Mercedes-Benz Vans’ newest luxury pickup truck, the X-Class. While Mercedes-Benz has yet to reveal the official production version of the X-Class, it was kind enough to...
by - October 27, 2016
We’ve seen quite a lot of intriguing stories in the age of Internet (where the most interesting part was revealed before the story unfolds). Some are from movies and novels...
by - October 26, 2016