General Motors to sell used cars on eBay
Report: Move may radically change the U.S. used-car business
MSNBC News Services
updated 12:32 p.m. PT, Fri., Feb. 8, 2008
General Motors said Friday that 3,900 auto dealers who sell GM’s Certified Used Cars will list their entire inventories on eBay Motors, according to industry publication Automotive News.
The listings will be free for dealers, the report said, and could radically alter the used-car business.
Mark Matthews, GM’s director of used-vehicle activities, told Automotive News that the certified used-vehicle inventory of dealers who sell GM Certified-brand vehicles will be listed on the third-party classified site starting in the second quarter.
GM’s brands include used Buick, Chevrolet, GMC, Pontiac and Oldsmobile vehicles. Cadillac, Hummer, Saab and Saturn have separate certified used-vehicle programs, but their certified-used inventories will be listed on the site, too, Matthews told the publication.
The eBay Motors Web site has 11 million unique users and the agreement with GM allows dealers who sell GM brands to show their certified-used inventory to them. The program will become even more attractive to dealers and consumers if other manufacturers post their certified-used inventory on the site, too, Matthews told Automotive News.
GM is still working with eBay Motors to finish the site, according to the report, which also noted that GM’s certified-used vehicle inventory is already listed on more than 300 Web sites, including AutoTrader.com and Cars.com.