Hoovey689

iTrader: (16)

eBay Motors dropping prices hourly on certain cars until they sell

eBay Motors and AutoNation are quickly establishing a reputation for finding new ways to sell cars online. They teamed up for the first time back in March when they tried selling vehicles for half price on the popular auction site. This weekend they're back with another unique promotion that will see the price for certain vehicles drop every hour until they're sold.

The reverse auctions began at 12:00 PM EST today and will run through 8:00 PM EST on Monday, July 2. Each day about 10 vehicles will be posted for sale with an initial Buy it Now price that matches their MSRP. Every hour their prices will drop according to a list of prices that accompanies each auction. A 2012 Nissan Rogue that kicks off the promotion, for instance, is dropping by $500 per hour. The good news is that there is no limit to how far prices can drop, nor a reserve they need to stay above. The only limiting factor is the other person out there who's willing to pay $500 more than you.

As for what sort of vehicles will be sold via this promotion, the list includes vehicles from Chevy, Dodge, Ford, Jeep, Nissan and Toyota, and includes popular models like the Camaro, Mustang, F-150, Fusion, Challenger, Charger, Wrangler, Prius C, Camry and more. And in case you're worried about getting the Mechanic's Special, all of the 50-some vehicles being sold this way are still under factory warranty.

http://www.autoblog.com/2012/06/28/e...until-they-se/

Hoovey689

iTrader: (16)

cool idea. wish I had some extra scratch to play around with hah!

rominl

iTrader: (4)

ah this is such a cool idea!

xsh0tya

I LOVE THIS!!!!!!!!!!!!!!!!! If I can get a great deal, I will be posting my new car here soon! Even if I don't get anything thanks for the heads up!!!

Edit: Wish they had a Lexus or two...

jadu

iTrader: (42)

Interesting selling scheme

blacksc400

iTrader: (4)

Pretty cool way of selling!

tex2670

Great idea--mark the car up ridiculously, then drop the price until it's in a reasonable range...

spwolf

it is marketing gimmick - they are trying to get new customers... since they sell only 10 per day, to audience of millions, prices will never go low.

bagwell

correct, especially when these same people will bid $22 for a $20 Best Buy gift card (NOT KIDDING)

altho if you go into the seller's completed items...there are some damn good deals that some people got.
http://motors.completed.shop.ebay.co...lete=1&guest=1

98Supra

Really cool marketing idea...