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AutoeBid
is the only UK company that will actively search
through all the possible types of suppliers
available in the UK in order to obtain the best
possible deal.
Due
to our experience in the auto industry, we know
who many of the most competitive suppliers in
the industry are. We will also always spend time
researching new suppliers and confirming their
status and their ability to deliver.
All
of our new car suppliers are substantial going
concerns and most are manufacturer-franchised
dealerships.
AutoeBid
aims to connect buyers of vehicles and related
services to the most competitive, and yet
reliable, suppliers in the UK auto industry. We
can access thousands of suppliers from
main
car dealers,
UK_supply_brokers_,
Internet_Dealers,
Wholesalers,
supermarkets,
leasing/contract hire,
import/export
brokers and commercial
vehicle suppliers.
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Telegraph - "Internet
car trader ready to turn a corner"
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WhatCar - "How
to bag a bargain on the web" |
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Who
are our suppliers of new vehicles?
Manufacturers
Most
manufacturers will offer larger discounts to
organisations who commit to purchasing large
volumes of vehicles. AutoeBid will seek bids
from some of these organisations on your behalf.
Main
dealers
UK
and European main franchised dealers usually
work on a profit margin of approximately 10%. As
a rule of thumb, the more common the vehicle,
the larger the discount that can be obtained.
Main dealers work on a system of target bonuses,
ranging from service level agreements to target
bonuses. When
a UK main dealer is close to its monthly target
but the end of the month is fast approaching,
the dealer may be prepared to offer more than
the standard discount on the vehicle that you
are after, sometimes reducing their profit
margin to zero in respect of that vehicle, in
order to safeguard its monthly bonus. In this
way, AutoeBid's customers may benefit from the
reduced prices being offered on a single vehicle
by such a dealer. The other feature of the auto
industry that AutoeBid seeks to exploit on
behalf of its customers is locating vehicles
that are near the end of the supplier's
"adoption period".
This is the time-period which a dealer
has to pay the manufacturer for the car. As this
period comes to a close, dealers generally offer
bigger discounts on the cars in stock.
Search for your local main dealer
UK
supply brokers
There
are numerous UK supply brokers - some purchase
from main dealers and others directly from the
manufacturer. Brokers tend to offer customers a
"value added service", in that they
spend more time talking to and listening to
their customers. AutoeBid has extensive
relationships with several UK brokers.
Internet
Dealers
There
are numerous Internet dealers who often offer
good prices on vehicles. However it is difficult
to know who has the best deal out there without
searching them all individually. AutoeBid does
this for you as we have many registered
suppliers who are Internet dealers.
Also, we often know the direct suppliers
for Internet dealers.
Wholesalers
Wholesalers
purchase vehicles in bulk and usually sell them
on to car supermarkets and UK brokers at
fantastically low prices. In
some cases they are willing to supply
directly to the public. AutoeBid is the ideal
medium for buyers to contact these illusive
organisations and secure deals from them.
Supermarkets
There
are many car supermarkets now all over Europe.
Those located in the UK tend to purchase a large
number of imported vehicles which are not always
full UK specification.
However the prices they offer
consistantly comprise fantastic savings on the
UK list price. Not only do we have relationships
with UK supermarkets, but we also have close
relationships with the some of the organisations
who supply them.
UK
leasing/contract hire
With
Personal Contract Plans ("PCPs") and
Leasing making up a very large part of the UK
car buyers market, it is not surprising to see
hundreds of advertisements in the back of
motoring magazines for Contract Hire, Lease
Purchase and PCPs. Leasing provides an excellent
way to predict future motoring costs.
Import
brokers
UK
and European import brokers are also numerous.
However it's more difficult to know which of the
brokers are reliable without independent
information. These brokers simply purchase from
European main dealers as well as some
wholesalers in Europe. Due to the current poor
exchange rate between the Euro and the Pound,
the savings which can be offered to UK buyers
from Import brokers are diminishing.
Commercial
vehicles
Commercial
vehicles are available through main dealers,
brokers, wholesalers and vehicle contract
companies. There are always a few organisations
offering outstanding deals on commercial
vehicles, however finding these companies can
prove quite difficult.
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