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Saturday, December 5th, 2009

GM to Sell New Cars on eBay?

July 12, 2009 by Stephen Kersey  
Filed under Business

As General Motors tries to rebound from its bankruptcy process, many different ideas are being bounced around. One idea that is gaining momentum is the idea of selling new GM cars on eBay.

While selling cars on eBay isn’t a new concept, usually cars that are being sold on eBay are used cars. Selling new cars in a true auction format would be a new avenue for General Motors.

Right now, nothing is set in stone. General Motors and eBay haven’t come to an agreement about how the relationship would work. Additionally, it appears as if GM would limit the idea to cars sold in California.

When a new car is sold on eBay, the cars will still be distributed by dealerships. The “Buy it Now” option is also still planned on being offered.

Overall, buying a new car on eBay could be a great way to get a good deal. Plus, not having to deal with car salesmen is a good thing in itself.

eBay (Image: Flickr)

eBay (Image: Flickr)

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