Wednesday, February 28, 2007


As many of you have probably noticed, we've done a bit of a facelift on the site. As usual, we LOVE feedback, good or bad. If for some reason you have haven't seen the new, new thing (likely because you've told us to remember your password), click "Log out" from within the application (top right corner) and you'll see what all the fuss is about.

Along with the cosmetic improvements we've added a new view under My Account\My Accepted Transactions and My Account\Purchases Won called Deal Resolution Status. This page is for you to track all aspects of a deal after you have bought or sold a vehicle. This means things like approximate pickup date, delivery date, title status, check status, etc. Again, we would love your comments.

Thursday, February 22, 2007

It's a Seller's Market

We're seeing unique numbers this month. The number of successful transactions (the number of deals that are accepted by sellers) is up over 80%. (Even ignoring the fact that it's a short month, this is interesting.)

While we believe that a good part of the reason for the jump in successful transactions is simply the overwhelming value of iLUXCARS, it is clearly a good time to be a seller. Not only are the numbers telling, but, and much more significantly, we're hearing from you that you are looking for cars to buy.

Literally everyone we talk to wants to buy. Unique. So, got anything to sell?

Tuesday, February 20, 2007

Site Changes

We’ve been extremely busy over the last 6 weeks. The network is growing faster than we expected, and we’re getting more vehicles every day. The most encouraging aspect of the whole process is that the percentage of successful transactions is growing faster than even we expected (and we’re terribly optimistic).

Given all of this (great) activity – we have been unable to make personal contact with everyone in the network. We’re working on this diligently, and we promise to connect with each one of you over the next couple of months.

At the same time, we’ve been just as busy working on the technology. The most visible change was rolled out last night (February 19th). We’ve moved all of the pages related to your account (Transaction History, Profile, Requests, Notifications, Issues, and Preferences) under a new, consolidated link on the main page called “My Account.”

We’ve made the change because some of you have mentioned that finding these items is either hard or impossible due to your screen resolution. So, we’re trying to both accommodate a smaller resolution and make the application simpler to use.

iLUXCARS - the only sensible way wholesale luxury and exotic vehicles.