DallasAutoAuction.com, recently launched by Net-Auctions, Inc., provides a car-buying and selling system for the used- or new-car marketplace. The system, DallasAutoAuction.com terms as "Buyer's Assistant," allows the general public to place their vehicle request online for $9.95. The individual can request the make, model, year, and a price and mileage range on a used car. The purpose of the small fee, Larry Scala of Net-Auctions says, is to keep the kids and bogus requests off the system. Dealers and sellers can be assured the buyer is serious about their vehicle request.
Sellers (Car dealers and individuals are eligible) who have registered on the system automatically are notified of the new-vehicle request for that particular make. The buyer receives multiple bids from dealers and sellers, each competing for their business. The buyer does not have to necessarily choose the lowest bid, but can actually choose the "best offer." The best offer can result from being the right color, low miles, better warranty, location, etc., not just the lowest price. The system allows the sellers to lower their price if another seller underbid them. The system keeps buyers and sellers anonymous so buyers don't get bombarded with sales calls from pushy salesmen.
