Monday, January 28, 2008

The Dream

We've come to the educated conclusion that our network has some optimistic members. Especially in January.

This month, on average, the wholesale asking prices on vehicles you submitted are 16% higher than the iLuxCars offer amount. In November, they were only 7% higher.

And this means? You have a dream. We call it the retail dream. You've listed your vehicle at this price on eBay and Tha List. You were on the money only 88 days ago. And now? You're dreaming about that perfect retail customer walking into your store, paying the money - dream come true. Right?

Like we said - an optimistic January.

On average, high-end cars - $70,000 and above - heavy cars - the ONLY cars we handle - have depreciated a little less than 3% a month for the past 3 months. (2.87% to be exact).

Our opinion - based only on raw statistical analysis (of over 500 million dollars worth of Big Cars) - says that it may be time to consider a new solution. If you want to wholesale the car - then iLuxCars is almost certainly the right solution.

You guys are an optimistic bunch.

Wednesday, January 23, 2008

Oscar Quality

We've removed the movies from the home page. We got a bunch of good feedback on them, and we got a few minor complaints that it was a tad repetitive.

They are still on the site, of course, so if you want to watch (and we know that you do) you can. Play them here, here, and here.

The one thing we know is that if you were starting to tire of the movies then you were using us as we want - that is, you were (and are) logging in every day. That's good. Good for iLuxCars, certainly, but more importantly good for you.

iLuxCars happens in real time. Every day. All day. The only way to keep your finger on the real, up-to-the-minute, nationwide market on luxury and exotic vehicles is to participate in the iLuxCars Network.

Monday, January 21, 2008

Cracked

There was an article today by CNW Research with the quote: "The used-vehicle industry will receive a 'shock' this year" because of a projected 9% decline in "used-vehicle purchasing intentions."

You bet. To better illustrate this point - here's a snapshot of last year's wholesale prices on one of our more popular vehicles (2004 360 Spiders).





Most of you probably have a sense of this. Things have most definitely cracked. Which is why you might want to be a little more circumspect about putting numbers on your trades without checking with the iLuxCars Network first.


Think about it - there simply isn't a downside to being sure. The number you get from iLuxCars is the real money on the car. When you make your deal based on the number from the System you're safe. We suggest you enter every trade. Every time. No risk.

Things have cracked. Be careful you don't fall through.

Thursday, January 10, 2008

New, New Things

Technology is the heart of our business. Those of you who hear from us on a regular basis probably think all we could possibly have time for is talking on the phone. Not true. Most of our time, energy, and really good ideas go into using and improving the technology that powers this Network.

You'll notice that we've changed the look and feel of the 'Make an Offer' page. We're now grouping vehicles by make to make it simpler for you to navigate the list. To open one of the make lists click on it. To close it, click it again.

We've also added a 'Chat' link on the each of the cars you are selling ('iLuxCars Offers') (we'll add it to the 'Make an Offer' page next.) We're seeing that more and more of you are using chat (to avoid actually talking to us, we suppose) and we just want to make it simpler.

For all of you who just want to print your invoice or purchase order – we've added two new links under 'My Account -> My Transactions' dedicated to making this super quick and easy. To print an invoice click on 'My Invoices.' To print a purchase order click on 'My Purchase Orders.'

Finally, you'll notice that you can now 'Print' an iLuxCars Offer. From iLuxCars Offer list, click on the print button. It's a nice looking, printable version of the current offer on your vehicle for your use. We've had numerous members ask for this to use as a way to show your customer the actual number on their car while you are making your deal.