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Letter to the Editor
Friday June 27
caroffer.com and Pep Boys Expand Sell your Car Program Nationwide
caroffer.com(TM), the online product that provides consumers a guaranteed cash offer for any vehicle they wish to sell and The Pep Boys – Manny, Moe & Jack, a national automotive aftermarket retail and service chain, have expanded the program into more markets. Currently, caroffer.com is available in 30 markets, but the program has expanded to 77 new Pep Boys stores. By July 2008, caroffer.com will be available in over 200 Pep Boys locations in 38 markets.As previously announced, the program enables consumers to log onto www.caroffer.com to obtain cash offers for their vehicles. caroffer.com aims to fill a gap for consumers by giving them a hassle-free alternative to traditional methods of selling a vehicle. In a very volatile economic vehicle market, caroffer.com will extend a cash offer and pay for the vehicle immediately once the vehicle has been dropped off at the nearest participating Pep Boys location and its condition verified.
caroffer.com only wants to acquire vehicles and is not a retail enterprise. The company has a trading floor of live traders who watch the market on a real-time basis and are able to quickly react to fluctuations in values.
“We have been very pleased with the consumer response we’re experiencing,” said Bruce Thompson, CEO and founder of caroffer.com. “It’s evident that consumers want and need a fast and hassle-free way to sell their vehicles. This year, we’ve seen unprecedented rapid depreciation of trucks and SUVs as well as many mid-to-large size cars as the price of gas has escalated over the last six months. That can be a hard pill to swallow for consumers who may have a different perception of what their vehicle is worth. Ultimately, we try to make a modest wholesale profit on high volume. Clearly, we are meeting a need because we are bidding thousands of vehicles per day and operating at maximum capacity.”
If consumers want cash for their vehicles without the hassle of selling to a traditional dealer or through the classifieds, then caroffer.com is a great alternative. The service is free.
caroffer.com, launched in February 2008, is based in Dallas, Texas.
Pep Boys has over 560 stores and approximately 6,000 service bays in 35 states and Puerto Rico. Along with its vehicle repair and maintenance capabilities, the cCompany also serves the commercial auto parts delivery market and is one of the leading sellers of replacement tires in the United States.
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