A new online car auction site known as Fast Car Bids and headquartered in Montreal, Que., is set to launch in early March. The company aims to take the stress out of the buying and selling process of typical car classified websites, according to Driving.ca. “Each auction lasts just one week, and buying a vehicle on the site requires a credit card to hold a deposit. If you win the vehicle, a five-per-cent buyer’s fee is applied after tax.” (Source: Driving.ca) Read the original article.
Todd Phillips is the editorial director of Universus Media Group Inc. and the editor of Canadian auto dealer magazine. Todd can be reached at tphillips@universusmedia.com.
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