Weve made bidding easy, and weve explained it in a short video tutorial: To buy a car on Cars & Bids, you must win the auction by ultimately being the highest bidder and, if the auction has a Reserve, by placing a bid that meets or exceeds the sellers hidden Reserve price. Doug is selling the Cars and Bids site a lot, I understand why, but agree with others that BAT is already there. THE TRUTH ABOUT DOUG DEMURO'S CARS AND BIDS - YouTube. See our Shipping Terms and Conditions for more information. Doug has 5 jobs listed on their profile. 1 NoNameP911 2 yr. ago did he make millions? Click here to learn more. If you're thinking of putting your car up for bid, here are some tips, along with a review of the site. Our team will also give you a call to arrange exact pickup details, including your address and the dates that you are available. Yes! Currently, Cars & Bids only offers vehicles for sale located in the US and Canada. If you are uncomfortable with providing your personal address and are willing to meet the delivery driver elsewhere, you can enter the address where you are willing to pick up the vehicle, such as a nearby grocery store or shopping mall. The company has worked with a wide variety of enthusiast brands, including names like Food52 and Epic Gardening. (YTP) Jish the Fish 699 subscribers Subscribe 341 views 1 year ago #ytp #dougdemuro #carsandbids #dougdemuro #carsandbids #ytp I love you. Doug DeMuro Net Worth | Celebrity Net Worth By Howard Walker Drew Martin, courtesy of Cars & Bids. Here's Why Tesla Car Values Have Dropped So Fast - YouTube We got an investment from a business who has invested in similar businesses before. "Anybody who works on YouTube has to know that you don't want to be beholden to the algorithm for your whole life you want to take your audience and try to do something a little bit more with it," DeMuro said. We recommend wire transfers or cashiers checks for payment, but there are many possible options including meeting at the buyers/sellers bank to draft up a cashier's check, withdrawing the funds directly, or completing an electronic money transfer. Quickly, Doug DeMuro became well known for calling these small intricacies, "quirks and features", which inspired the name of his automotive auction website, Cars & Bids. There are many options for how to collect your new vehicle, such as booking a one-way flight and driving home, or going with a trailer to pick up the car. When in doubt, contact the seller and make sure the timing works for them! If theres an outstanding loan on the vehicle, the buyer and seller should discuss how it will be paid off and the specific next steps, so that the buyer can complete the transaction safely. But slowly, his ambition drove him to create a successful car. Arrange for the car to be picked up and finalize the transaction. Cars and bids so far : r/cars 3 yr. ago by szabon331 Cars and bids so far So, i'm working on selling my 86 944 Turbo and I watch Doug Demuro who has been talking about his new site cars and bids a bunch. That format lasted about 3 years, but Doug realized his viewers were more interested in getting his perspective on many cars, versus in-depth analysis on only a few, so he pivoted to reviewing special-interest cars and modern vehicles, often with the help of owners or local dealerships lending him the vehicles. So DeMuro consulted with his industry friends on developing a plan to enter the used car sales market with a new website called 'Cars & Bids.'. CHECK OUT CARS & BIDS!https://carsandbids.comTesla used car values have dropped incredibly fast -- and today I'm going to explain why. Doug DeMuro's approachable style has given him one of the largest automotive followings on YouTube. Get Started 13,250+ Auctions completed $300M+ Value of cars sold 85%+ Sell-through rate 400k+ Registered members Cars and bids so far : r/cars - Reddit No worries! Instead, if you want to buy a car on Cars & Bids, simply bid the maximum youre willing to pay its the best way to ensure youll end up with the car you want. Doug DeMuro Reveals His Top 3 Dream Cars, and He Already Owns Them - MSN Sign in with Facebook by clicking the Continue with Facebook button. Language links are at the top of the page across from the title. Got a tip? Youll have access to chat with us as soon as you submit your car. Weve found that disclosing a reserve price almost always slows down bidding, especially as the auction nears or reaches that value. [22], DeMuro appeared in the Jay Leno's Garage season three episode "Larger Than Life", in which he tried to recognize cars while being blindfolded, in June 2017. Its just an enormous amount of stress and fear., Of course the site did work, growing so rapidly that Dougs stress immediately switched from will people show up? to having to hire a team of people to manage the flood of activity it generated starting day one. Were focused on cool cars, trucks, and SUVs from the modern era which were defining as the 1980s through the present day. Check out the loan options - and apply - directly from each auction. Doug DeMuro is arguably the most influential automotive media personality of the recent decade. What's Cars & Bids? - Cars & Bids Thats because within the last minute of an auction, each new bid resets the auction clock to one minute remaining. And Cars & Bids is just riding the wave of high interest in classic and older cars, with Americans at least willing to spend some money to enjoy the car of their dreams, instead of just. Fortunately, our experienced staff can walk you through each step. If there is a loan on a vehicle, please research the necessary steps to pay off the loan and transfer the title, and have a plan ready to do so upon the close of the auction the more prepared you are, the more efficiently you can sell the car! That was tough, said Doug. If you decide later that you want to adjust your reserve, you can lower it at any point during the auction. Besides big auction houses like Mecum, RM Sotheby's and Bonhams, there's Bring a Trailer and Hemmings.And of course, there's eBay Motors. is a 2018 Kia Stinger GT2 AWD, finished in HiChroma Red with a black leather interior. "My taste is largely related to more unusual cars, weird Japanese imports, and things like that. While weve tried to make buying a car online as safe and easy as possible, its ultimately your responsibility to perform your own due diligence and make sure that the car youre considering is right for you prior to placing a bid. The hold is for 4.5% of your initial bid amount, with a minimum of $225 and a maximum of $4,500. Some of Choys previous positions include CEO of Eaze a cannabis on-demand marketplace CEO of BitTorrent, and CEO of Luxe, an on-demand valet parking app acquired by Volvo. This is a BETA experience. We recommend contacting your local DMV for more information, as these requirements vary by state. We recommend wire transfers or cashiers checks for payment, but there are many possible options. THIS. In the summer of 2016, DeMuro moved to the newly created Autotrader.com car blog Oversteer, of which he became the editor. If youre looking to sell a cool car from the 1980s, 1990s, 2000s, 2010s, or 2020s, we might be interested in listing it. 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What is it actually like to own a Ferrari? Doug did the same thing with an Aston Martin, a Hummer, and a Viper. cars and bids in a nutshell : r/dougdemuro - Reddit About three and a half years ago it hit me that I wanted to do something with my audience that was less beholden to the YouTube algorithm, said Doug. With so much success . If you see the Sign Up screen, click the Sign in here link to go to Sign In. When given the option, select Share my email and Apple will provide your email address to Cars & Bids. Not all options may be available for every vehicle, so if you have specific questions about our open and closed trailers, feel free to call us at (978) 955-2355 or email us at [emailprotected]. The vehicle is modified and will require special considerations in choosing a truck for shipment. Overall, the investment looks set to propel Cars & Bids to new heights as it grows further in the enthusiast auction space. Doug DeMuro is an American YouTube personality, writer, and businessman who has a net worth of $10 million. Yes. Andrew Lambrecht is an authority writer at HotCars. You will have to enter your credit information, as we place a hold on each bidders credit card until the conclusion of the auction. Youll also receive the sellers contact information (and vice-versa) in order to finalize the details and logistics of the transaction. But for Doug, it's not only the techy new EVs that spark his interest. Doug DeMuro's Cars & Bids Platform Scores Major $37 Million Investment After the auction closes, well provide you with a step-by-step checklist to complete your purchase. He has owned (and flipped) several electrified vehicles, including a Chevrolet Volt, Mini Cooper SE, and a high-mileage Tesla Model 3. Enclosed carriers are able to load vehicles with reduced ground clearance and better protect high-value vehicles from the elements. Inspectors will test drive the vehicle as long as it is street-legal, safe to drive, and the seller allows them to drive it. As a business, Cars & Bids touts simplicity for both buyers and sellers. This depends upon your budget, expectations, and timeline. If you have any questions about your specific car, please email us at [emailprotected] for more information. The TRUTH Behind Auctioning My Hellcat Online Elliott Alvis 50.7K subscribers Subscribe Share 77K views 2 years ago #Hellcat #DougDemuro. As a reminder, all logistics - including import, export, and transportation - are always the buyers responsibility, so please reach out before you bid. Youll also receive the buyers contact information (and vice-versa) in order to finalize the details and logistics of the transaction. Follow @karlbrauer on Twitter & Instagram or at karlbrauer.com, Tested: Three Hearty 2023 Toyotas, Small, Medium And Large, Lexus UX Hybrid Checks Most Of The Brands Usual Boxes, But Not All, Michigan Is Innovating In Crucial Battle For EV And Microchip Talent, ONEs 600-Mile Solution For Range Anxiety Could Be EV Game-Changer, Subarus Rally Racing Program Connects With Fans - And Informs The Wickedly Fun WRX GT, U.S. Auto Sales Gain In June On Bigger Inventory, And Pent-Up Demand, Jeep Maintains Spot As Most Patriotic Brand In New Brand Keys Survey. There you can enter your email and password, or select the Sign On platform you have linked to your account. In addition to the final purchase price paid to the seller, buyers pay a 4.5% buyers fee to Cars & Bids. DeMuro's focus is on the automotive industry; his car review-focused YouTube channel has over 4.66 million subscribers as of June 2023. Due to loading restrictions, some vehicles arent eligible for open shipping. It's also become a popular marketplace for selling EVs, particularly from Rivian and Tesla, as well as other vehicles in high demand like the Ford Bronco and Porsche 911. If you are outbid, you will need to manually input your next bid. The chronicle of car culture, delivered to your inbox. If you already have a Cars & Bids account, be sure that your Apple ID has the same email address as the email you use for your Cars & Bids login. If were able to reach an agreement, well put the buyer and seller in contact and our fee drops to 2.5%. It's a place where you can find electric vehicles like Rivian and Tesla, enthusiast vehicles like the Ford Bronco, and even rare sports cars like a 2000 Nissan Skyline GT-R sold on the site for . Prior. In some instances, an inspector may not be able to test drive a vehicle, due to size constraints or liability issues. Email the Cars & Bids team a photo of the handoff to share your success story wed love to hear about it! If a car was inspected, youll see an Inspected tag near the listing title. Absolutely! On the homefront, Cars & Bids has substantially grown, too. All bids on Cars & Bids are in United States Dollars (USD), including on vehicles located in Canada. [9] Furthermore, he bought interesting second-hand cars recommended by readers, which he then reviewed and wrote columns about. and his worst car review experiences! [16] Some of his columns and reviews were published by the Philadelphia Media Network in 2014 and by The Atlanta Journal-Constitution in 2015.[17][18]. For example, if the current high-bid is $30,000 and you input a $35,000 bid, the current high bid will immediately go to $35,000. [27], In February 2023, The Chernin Group acquired a majority stake in Cars & Bids for US$37million. Note that some states can take several weeks to reissue a title once the loan has been satisfied. With this in mind, go check out our photography page to get tips and tricks, download our detailed photo guide, or even hire a professional photographer to come shoot your car. We always recommend including the inspection report, even with flaws noted, as bidders will feel more confident in your car with the third-party condition assessment. So I like being around the sun, and having a convertible is crucial, so I love that aspect of that car. Cars & Bids has since sold over $230 million worth of special-interest cars. Now, DeMuro will combine Cars & Bids and his YouTube channel into a single business, with The Chernin Group taking a majority stake for $37 million in investment. Read more about Finalizing the Transaction. After youve done that, you can return to Cars & Bids and youll be prompted to register to bid. You can change your Apple permissions by managing your Apple ID. In order to register, first sign up by clicking the Sign In icon in the upper right corner of the screen then click Sign up here in the box that subsequently pops up. Dont worry were here to help you throughout the process! Enjoy! [8] At the recommendation of readers, DeMuro bought a 2007 Aston Martin V8 Vantage in January 2016 with a "bumper-to-bumper" warranty, of which he documented his ownership. "I think we started on it in the summer of '19 and it took us a year to build it," DeMuro said. If the seller does not have the funds, the buyer may be able to pay the outstanding amount owed directly to the lender and then pay the remainder of the purchase price to the seller. Facebook Marketplace car search: https://collectorcarfeed.com/carsPATREON: https://patreon.com/collectorcarfeedDiscord: https://discord.gg/UCD7FpUIns. This condition report is available after the vehicle is delivered. HotCars speaks to Doug DeMuro about Cars & Bids, his career in automotive, as well as his favorite cars on the site. No vehicles listed on Cars & Bids are for sale exclusively through the auction. [7] The company reported 4,000 listed cars and US $75 million spent by purchasers during 2021. Click here to learn more. Automotive journalist Doug DeMuro has been on the fast track since becoming a YouTube sensation with his car reviews. Doug DeMuro is arguably the most successful automotive YouTuber in the relatively short history of that young medium. Today, the site has been running for over two years and Cars & Bids says that it has ushered 9,000 auctions valuing over 180 million dollars. Those are big figures, though the site has a long way to go to topple Bring a Trailer, which recorded over $1 billion in sales in 2022 alone. Yes! To submit your car for sale, go to the Sell a Car link in the header. That score, which he calls a "DougScore", is based on the scores in ten separate categories related to usability and fun. An accurate Bill of Sale should be created, including the terms of the transaction, to be signed by both parties; we recommend checking with your state DMV for Bill of Sale templates and requirements. Doug tells us, The first day we received 900 submissions, and the guy who was reviewing all of them was just me, and I still have to shoot videos! He immediately had to hire writers and auction support people. Your vehicle does not need to be registered while it is in transit. 1 Owner, ~16,200 Miles, Reviewed by Doug DeMuro, California-Owned Since New! Now, that's a friend", "A guy who endured a nightmare of Ferrari ownership is now suffering with a used Aston Martin", "20 used cars you can buy with the average tax refund", "Tesla Week: Model 3 Gets Praised ('iPhone' of EVs), Panned", https://www.autotrader.com/car-news/heres-final-update-my-range-rover-carmax-warranty-281474979901455, "Jay Leno tries to stump blogger with Doug Demuro", "Jay Leno Blindfolds Doug DeMuro In 'Larger Than Life' Episode", "The McLaren F1 Is the Greatest Car Ever Made", "On behalf of the team here at Cars & Bids, I sincerely wish you the happiest of holidays and I thank you for being part of our community! When you come back to carsandbids.com, login through Apple again. Yes, however you will need to pay in full for the vehicle promptly following the close of the auction, just like all other buyers. Cars and Bids takes 4.5% (capped at $4,500) but since none of the cars sold over $100,000 the cap doesn't enter into it and their revenue is.$12,642.03. He says that the reason he would ban classic vehicles is due to vehicle history reports. [23][24] He worked with Leno again in March 2019, when he reviewed his McLaren F1. Some sellers may be happy to store the car briefly to allow you time to pick it up, and may also be willing to bring the car to a nearby location for it to be loaded onto a shipping truck. Have your car inspected to get top dollar you can order your inspection after your submission is accepted, and once you approve your inspection report we can include it with your listing. In the unusual event that it occurs, the winning bidder forfeits their 4.5% buyers fee and theyre permanently banned from Cars & Bids. Cars & Bids | LinkedIn This Kia Stinger GT is owned by YouTuber Doug DeMuro, who bought it new in January 2020. If you dont see this text, that auction has a reserve price. Go to appleid.apple.com and select Sign in with Apple. More about us Sell with us it's free! Note that the price of the vehicle will immediately progress to your bid amount. Doug Demuro sells terrible cars on Cars and Bids! Yes. Read more about Finalizing the Transaction. If you have questions about a specific vehicle, please contact us at [emailprotected] or at (978) 955-2355. Like many content creators, DeMuro acknowledges that YouTube is just a platform, something that he doesn't own or control. In contrast to some of our competitors, we keep all auctions perpetually available for all to see regardless of their outcome. All users need to provide an email address. Discuss transportation and storage timelines (if applicable) with the seller, and if youll be shipping the vehicle, get a quick and easy shipping quote directly on the auction page before bidding. If the buyer is local, for example, meeting at their local bank branch to draft a cashier's check, withdraw the funds directly, or complete an electronic money transfer are also common practices. The car is unique, and we dont have accurate measurements for automated shipping quotes. I'm Doug DeMuro, and I run a YouTube channel about cars.I also run a second YouTube Channel about cars, and I'm the founder of Cars & Bids, a new auction platform for enthusiast cars from the modern era that's been quickly growing in popularity.. Aside from common-sense rules like language and personal attacks, the conversation should be focused on the vehicle being sold, so as to be fair to the seller and bidders. Our driver will complete a condition report including photos of the vehicle when it is picked up. By Howard Walker Drew Martin, courtesy of Cars & Bids. Doug Demuro's net worth, age, wife, height, cars and bids, channel Dougs YouTube activity remains a key component of his daily workload, but it now has to share time with his management of Cars & Bids, the auction site he launched in June of 2020. The group's ethos is to "invest in companies that define culture," typically through investments in the media, entertainment, and sports sectors. Want an example? [2] DeMuro started writing again for The Truth About Cars the next year, while still working for Jalopnik. Our experienced auction team will review your submission and may ask you some follow-up questions. The first car listed on the site was DeMuro's own 2012 Mercedes-Benz E 63 AMG Wagon. After you provide us with all of the pertinent information about your car, well write the actual auction description. Car reviewer Doug DeMuro brings a huge audience to Cars & Bids along with his commentary. Get upfront price offers on local inventory. We believe Cars & Bids has only just scratched the surface of this sector.. But for DeMuro, managing one of the most popular automotive YouTube channels was just a catalyst for a project he's dreamed of pursuing. If you have questions about when the car will be picked up or its current status, contact us at (978) 955-2355 or [emailprotected]. 2012 Mercedes-Benz E63 AMG Wagon auction - Cars & Bids Review the process for transferring vehicle titles in your state and, if you have a loan on the vehicle, review the process and timeline for paying it off with your lender. [2] Those cars include supercars like the Ford GT, the Bugatti Chiron, and the Ferrari F40; but also new, innovative, and quirky cars including the Tesla Model 3 and the BMW Isetta. We are here to help! Cars & Bids - The BMW E36 M3 is Now a Beloved 90s Classic July 5 2023 at 08:55AM. See here! Sign in with Google by clicking the Continue with Google button. Inspections are performed by Lemon Squad and include details of the cars exterior, interior, and running condition. Weve hired a CEO who has been a CEO before. I thought an 86 944 Turbo fits the bill for "cool cars from the 80's, 90s, and above." His first career steps were at eBay Motors and Bain & Company. Transcript: Doug DeMuro - The Big Picture Once youve registered and youve found a car youre interested in buying, bidding is easy just click the Place Bid icon on a vehicles listing page. [2] The Range Rover was the subject of its own series of videos and articles where DeMuro recounted all of the repairs he had to make to the vehicle over his time owning it, aided by a six-year and 66,000-mile bumper to bumper warranty he purchased for $3,899; by the time the warranty expired, DeMuro's vehicle had received over $21,000 in repair work. In each of these cases, please perform your due diligence, potentially including verifying a cashiers check with your bank, or waiting until funds are received before signing over the title. Chernin Group acquires majority stake in Cars & Bids [20], His YouTube channel has amassed over four and a half million subscribers, as of March 2023. Unfortunately, online booking is only available for auction winners at this time.
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