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Car Buyers Avoid Being Cheated by Local Dealers With New Online Auction and Quote Service
HOUSTON, March 16 /PRNewswire/ -- AutoCastle has launched an online auto auction at http://www.autocastle.com/ bringing car buyers and dealers together in one virtual electronic marketplace. The service is free to car buyers who may request to purchase any car -- then watch dealers compete for the lowest car sale price in this reverse auction. AutoCastle.com is both a car buyer's auction and a quote service. Once a buyer requests a car and sets the length of auction through the AutoCastle.com website, any new or used car dealer is invited to bid for the lowest price for the vehicle. While any person can request to purchase a car, only licensed auto dealers are permitted to bid in the auctions.
Once a buyer's auction is over, information about the auction outcome can be accessed by the buyer using a unique User ID and Password furnished by AutoCastle. Buyers can login and view the lowest bidding offer generated by the auction together with a comprehensive value analysis of the vehicle being offered and damage reports.
"Buying your new or used care through the AutoCastle.com auction will save you thousands," says Alexei Fomine, President and CEO of AutoCastle. Mr. Fomine added, "We saw a tremendous demand from buyers for this online service and now we are even more excited about the launch."
AutoCastle.com offers its online reverse auto auction in all 50 states and is looking for investors to aid in the expansion of the service. AutoCastle plans to keep the service free for buyers so as to remain competitive in the market. Licensed dealers are invited to register on the website for free as well. Dealers will only be charged a nominal referral fee on each completed sale initiated through AutoCastle.
This release was issued through Major Newswire (http://www.majornewswire.com/)
CONTACT: Alexei Fomine of AutoCastle.com, +1-713-859-6242,[email protected]
Web site: http://www.majornewswire.com/
Web site: http://www.autocastle.com/
Disclaimer: Information contained on this page is provided by companies featured through PR Newswire. PR Newswire, WorldNow and this Station cannot confirm the accuracy of this information and make no warranties or representations in connection therewith.
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