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Auctionbytes-NewsFlash, Number 326 - May 30, 2002 - ISSN 1539-5065      | Next Story

Automotive Group Says It's Pleased with High-End Sales on eBay Motors
By Ina Steiner
AuctionBytes.com
May 30, 2002
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Associated Automotive Group Incorporated (AAGI) said it has sold in excess of 200 automobiles within the past 12 months through listings it placed on eBay Motors. Approximately 40% of all cars listed on eBay by AAGI have resulted in a sale.

AAGI is a holding corporation formed to own and operate various highline and exotic car dealerships, accessory and other automotive businesses throughout the U.S. The company operates through its wholly owned subsidiaries, Motorcars of South Florida, Inc., (http://www.motorcarsofsouthflorida.com) and C&K Auto Imports, Inc. (http://www.ckautos.com).

AAGI has sold a variety of highline automobile makes on eBay, including Porsche, Aston Martin, Mercedes Benz, BMW and several Ferraris, including a Ferrari 456M-GT for $175,000.

"We began listing automobiles for sale on eBay just over 1 year ago, and have been thrilled with the results," said David Jacoby, Vice President of AAGI. We close an average of more than 15 sales per month as a direct result of the eBay listings. We anticipate our sales through eBay listings will continue to rise as we increase the size of our overall automobile inventory, and consequently, increase the number and frequency of our eBay listings." http://www.ebaymotors.com


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