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Auctionbytes-NewsFlash, Number 541 - May 20, 2003 - ISSN 1539-5065
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AutoTrader.com Launches Auction-Style Listings
By Ina Steiner
AuctionBytes.com
May 20, 2003
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AutoTrader.com, the number one automotive classifieds site, announced the launch of its new Auction-Style Listings product for private sellers.
AutoTrader.com's Auction-Style Listings encourage local market bidding, giving sellers more flexibility to sell vehicles both online and offline. Unlike existing auction-style sites, AutoTrader.com does not charge a sell fee, so buyers and sellers do not have to transact online. Additionally, since mainstream car buyers strongly prefer to see a car before buying it, buyers are able to bid on conditional auction-style listings, which allow the winning bidder to inspect the car before completing the purchase.
AutoTrader.com first launched its Auction-Style Listing product earlier this year in a version designed for dealers.
http://www.autotrader.com
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