Posts Tagged ‘ebay’

Despite low take-rate, GM reportedly extending eBay experiment

September 3rd, 2009

Despite low take-rate, GM reportedly extending eBay experimentNow – I think that expecting people to buy something off of eBay is not unrealistic, however do I think that someone is going to buy a brand new flippin’ car off of eBay without ever seeing it, touching it, smelling it?  Nope!  I don’t and that is exactly why GM is going to eventually have to take down their little eBay store, however … despite the low, low, low take rate of these cars on eBay, GM is going to extend their experiment.

GM has listed somewhere around the lines of sixteen thousand new cars and trucks and only about fifty of those have sold … and probably to someone who does not really give a crap about how the car or truck runs and feels.  However, that is not the entire story.  Apparently, this is being used as sort of an overflow on the inventory side.

While GM is going to eventually come back strong, I think that they are taking it all wrong by going on eBay to sell their cars.