OWNER USED CAR SALES SOAR
Used Car Sales in the U.S. have grown
over 2 million units since 1999
Since 1999 person-to-person
auto sales have risen 20% going from 11,448,430 units to over 13,668,383 units
in 2003, while used car sales by New Car Dealers have declined. "Private
sales have matched Independent Used Car Dealers and could soon surge past Franchised
Auto Dealers to the #1 position in the 40+ million unit used car market,"
said Ben Freeland, CEO of StraightAway, a Naples, FL based company that has been
assisting individuals in used car transactions since 1999.
factors in the large gain of person-to-person auto sales are: increased usage
of the Internet, better quality used cars, and the availability of financing in
private sales. The Internet is a key tool or empowering individuals to easily
find the used car of their choice. Companies like StraightAway, the only online
auto marketplace dedicated to "By Owner" cars sales, offer the services
of buyer's and seller's auctions, financing, history reports, inspections, title/registration,
and document preparation, which
makes buying and selling cars easy.
many years, private sales accounted for almost half of all used car sales, then
car prices became so high that financing was required to complete the majority
of these sales. Without accessible financing and someone to assist in lien payoffs,
title/registration issues, and other hurdles, private sales tumbled
of the used car market in 1999.
Freeland states, "Individual sellers can now take advantage of the online
sites, classified ads, and trade magazines to market their vehicle and utilize
a company like StraightAway for assistance with all the details to complete the
transaction. Individuals can gain the financial benefits of buying and selling
directly, rather than being forced to transact at a dealership."
StraightAway helps buyers and sellers find each other and also makes completing
the transaction easy and secure with services such as financing, title/registration
service, documentation, vehicle inspections, vehicle history reports, buyer's
and "60 day guaranteed to sell" classified listings for
private sellers. For more information about StraightAway visit www.straightaway.biz.
(source: CNW Marketing Research)