Would you buy a car on ebay?
Wednesday, August 12, 2009
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General Motors in America certainly thinks people will. In an attempt to recapture market share and reduce costs GM are going to sell their cars online. At first the pilot scheme will be launched in California.
Read more about the scheme here.
Buyers will have two options when buying a car through ebay, ‘buy it now’ which is a fixed a price equal to the suppliers price or ‘best offer’ where an auction will take place. So will consumers get a bargain or will price be pushed up by enthusiastic bidders?
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