New automotive research and online car-buying website attracting significant consumer interest

June 16, 2009 -- DALLAS, Texas – AutoBidsOnline.com, a revolutionary new car research and buying website is quickly gaining interest with the car buying public. The company announced today that it reached its 1,000th Absolute Unique Visitor on June 4, just 39 days since its debut on April 28. 

“Even in the worst auto market in generations, there are still more than 10 million consumers who will buy a new car this year,” says Jeff Cook, co-founder and company president. 

“We launched the site in the wake of the Chrysler and GM bankruptcies, yet still managed to beat our wildest expectations. Our research indicates consumers remain interested in buying new cars but have grown wary of the traditional dealer sell.”

Dealers and leasing companies are getting on board as well, says Cook. “Dealers are literally inundated with unqualified leads from other online lead generation sources. The other sites encourage consumers to request a ‘Free’ dealer quote. They then sell the consumer’s contact information to a number of dealers who compete with each other just to get the customer on the lot.”

“Even the best internet departments close fewer than 1 in 10 traditional internet leads. Most do not approach 1 in 20,” says Cook. “Online tire-kickers, teenagers and otherwise mildly interested shoppers make up the bulk of the current generation of online leads. AutoBidsOnline.com was designed to make the buying process more pleasant for the consumer while providing seriously interested buying leads to the dealer.” 

“This is set to turn new car sales on its ear,” says Mike Hernandez, president of D&M Auto Leasing in Grand Prairie, Texas. “We sell and lease more than 6,000 cars a year and have been troubled by the poor quality and inefficiency associated with traditional online leads. These guys have developed a way to bring buyers and sellers together with their cost-effective, efficient and easy to use websites. “


 

About AutoBidsOnline.com / BuyerBidsOnline.com

AutoBidsOnline (www.autobidsonline.com) and BuyerBidsOnline (www.buyerbidsonline.com) are wholly owned subsidiaries of DJ Automotive Information Services, Inc. (“DJAIS”), in Dallas, Texas.
 
Founded in 1999 and known for its development of CyberCalc – a proprietary leasing software application for franchised auto dealers, credit unions and independent lessors – DJAIS is a well known developer of innovative applications that are effective, simple and fast.
 
The company’s latest effort is a revolutionary new online vehicle sales community made up of both websites. Prospective buyers have access to the most up-to-date pricing, ratings and reviews at AutoBidsOnline.com while dealers receive the most qualified, serious buying leads at BuyerBidsOnline.com. Combined, both sites are fundamentally changing the way people buy and sell cars online.

About D&M Auto Leasing

D&M Auto Leasing was established in 1976 by Don Davis and David Moritz, two acclaimed Dallas area automobile dealers. The company was later sold to D&M Auto Leasing's current management and has become the largest consumer car leasing company in America.

D&M Auto Leasing has many thousands of satisfied customers since its inception and attributes 75% of its business to repeat and referral customers. What does that mean? It means that customers enjoy the way D&M performs business and continue to go back and to refer friends and family.