AutoBidsOnline
{{Short description|American car buying & research website}}
{{Multiple issues|
{{Orphan|date=June 2024}}
{{more citations needed|date=September 2016}}
{{Outdated as of | year = 2014 | month = 06 | day = 24 | last updated = November 24, 2009 }}
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{{Infobox website
| name = AutoBidsOnline
| logo = File:ABOL LogoColor With Slogan sm.jpg
| company_type = Subsidiary of [http://www.cybercalc.com DJ Automotive Information Services, Inc.]
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| foundation = 1999
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| location_city = Dallas, Texas
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| url = [http://www.autobidsonline.com AutoBidsOnline.com]
| screenshot =
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| advertising = No
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| launch_date = April, 2009
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AutoBidsOnline is a research portal and online car buying site based in Dallas, Texas. It allows consumers to research new car prices, compare new cars for sale and bid for the price of their new car online. The company also provides lead generation and referral services to auto dealers.
History
AutoBidsOnline was founded by CyberCalc[http://www.cybercalc.com cybercalc.com]{{Failed verification|date=September 2016}} in 2008 shortly after conducting a national survey of new car buyers. Results of the survey indicated more than 90% of new car buyers would prefer to buy their next car online and a similar percentage considered it important to keep their personal contact information private from dealers.
The website was launched in April 2009 and quickly garnered attention from would-be new car buyers.{{cite web
|last=Auto Remarketing
|title=New Online Marketplace Reaches Landmark
|url=http://www.autoremarketing.com/ar/news/story.html?id=9613
|url-status=dead
|archiveurl=https://web.archive.org/web/20091009223322/http://www.autoremarketing.com/ar/news/story.html?id=9613
|archivedate=2009-10-09
}}
Current management consists of company president Jeff Cook,[http://www.linkedin.com/in/autobidsonline linkedin.com] a noted software developer and two term Director of the Executive Board of the National Vehicle Leasing Association,{{cite web
| last = NVLA Lifeline
| first =
| title = NVLA Announces 2009-2010 Board of Directors
| url = http://nvlalifeline.com/News.cfm?id=1145
| access-date = 2009-11-17
| archive-url = https://web.archive.org/web/20090930100020/http://www.nvlalifeline.com/News.cfm?id=1145
| archive-date = 2009-09-30
| url-status = dead
}} COO Shannon McCaig{{cite web
|last=Auto Remarketing
|title=AutoBidsOnline.com Hires Former CitiFinancial Auto Exec
|url=http://www.autoremarketing.com/ar/news/story.html?id=10179
|url-status=dead
|archiveurl=https://web.archive.org/web/20091009223317/http://www.autoremarketing.com/ar/news/story.html?id=10179
|archivedate=2009-10-09
}} former senior executive for Citifinancial Automotive and Director of Information Systems Mike Truscott.[http://www.linkedin.com/in/miketruscott linkedin.com]
On November 21, 2009, Cook and AutoBidsOnline.com were featured in an hour-long radio interview conducted my Mike Whitaker[http://www.mikewhitaker.com mikewhitaker.com]{{failed verification|date=September 2016}} and Gary Owen[http://www.garyowenproductions.com/Gary_Owen_Productions/HOME_PAGE.html garyowenproductions.com] at Garman Productions[http://www.garman.com garman.com]{{failed verification|date=September 2016}} in Oklahoma City. Cook was the fourth entrepreneur profiled in the "Walk In My Shoes" series{{cite web
| last = Cook
| first = Jeff
| title = Cook Profiled in Mike Whitaker Walk In My Shoes Interview Series
| url= http://www.mikewhitaker.com/wp/2009/11/yourbiz-auto-industry-and-tech/}} produced by Witaker and InBiz Radio and was posed a series of provocative questions about his career as an entrepreneur and the AutoBidsOnline.com sales model.
Site Usage
AutoBidsOnline is free to the car-buying public to research new car prices, rebates, reviews and comparisons. When a consumer decides on the vehicle they would like to purchase, they may join the site as a paying member and submit an anonymous, no-obligation buy bid on the exact vehicle they desire.
The bid is then distributed to AutoBidsOnline dealer members who have the opportunity to accept, counter or reject the bid.
The first dealer to accept the bid is the only one who gets the lead so dealers are encouraged to respond to buy-bids quickly and aggressively. The competitive bidding model provides the consumer with timely, low-cost pricing while the fee-based bid process provides dealers with quality leads who are serious buyers.{{cite web
|last=Auto Success
|title=AutoBidsOnline.com Gaining Traction With Dealers and Consumers
|url=http://www.imakenews.com/autosuccess/e_article001529744.cfm?x=bg0Wy5l,b5wnmq6B
|url-status=dead
|archiveurl=https://web.archive.org/web/20091010195325/http://www.imakenews.com/autosuccess/e_article001529744.cfm?x=bg0Wy5l%2Cb5wnmq6B
|archivedate=2009-10-10
}}
Once a bid has been accepted, AutoBidsOnline provides contact data to each party who are then free to arrange for finalization of the transaction.
References
{{reflist}}
External links
- {{Official website|http://www.autobidsonline.com }}
- [http://www.cybercalc.com Parent Company Website]
- [http://www.nvla.org National Vehicle Leasing Association]
{{DEFAULTSORT:Autobidsonline}}