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Thursday, October 14, 2010

Reverse Auctions for Automobile Buying: CarWoo Takes the Cheap Suit Out Of Car Sales


Here is a fascinating article from Wired with the latest "Gee, why didn't I think of that" business idea. It comes from a start-up called CarWoo (http://carwoo.com/), based in Burlingame, CA. They have a novel approach applying reverse auctions to one of life's most anticipated and yet dreaded transactions - buying a car. Here's the Wired article:
CarWoo Takes the Cheap Suit Out Of Car Sales | Autopia | Wired.com

and watch the well-done YouTube demo/promo below:


So, what do you think of the concept? Have you tried it? Send us your thoughts/feedback here to the The Reverse Auction Research Center (http://reverseauctionresearch.blogspot.com/)


David

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