Too bad. I used them to buy a car in 2012 and the service seemed to work well, except for a couple dealers that wanted to waste my time with offers that didn't match what I had specifically requested.
CarWoo is shutting down
21–30 of 120 posts
Re: CarWoo is shutting down
#22I was totally going to use them to buy a car next month! Are there any good alternatives? I can't handle anymore haggling and tricks.
If you're a USAA member, I know they have a car buying service to make things easy.
Re: CarWoo is shutting down
#23How is TrueCar's model different from what CarWoo was doing?
Re: CarWoo is shutting down
#24The TrueCar homepage (http://www.truecar.com/) looks like one of those generic 404/squatter page.
Re: CarWoo is shutting down
#25Cars are commodities, and should not be sold by salesman on commission. I'm not buying another car until mine falls apart.
Re: CarWoo is shutting down
#26Am I the only one that doesn't mind the car-buying process? All it takes is the fortitude to sit through a litany of maneuvers trying to convince you to agree on a price - when you've got zero obligation to consent. Sure - it takes time, which is a scare commodity for many - but for the amount of money generally being spent, I've got no problem pushing a salesperson to get the price to where I want it.
I think a lot of people here, myself included, are introverts.
Sitting in front of a salesperson who, if they aren't an extrovert are at the very least required to act like one, for a few hours while they see just how good of a deal they can make for themselves and their boss by talking sounds like a spot of hell.
It's only marginally better than being stuck to someone like that on a plane; at least when buying a car, you can walk out of the dealership.
Re: CarWoo is shutting down
#27What am I missing here? I don't see anything on the site mentioning this impending shutdown...
Re: CarWoo is shutting down
#28Am I the only one that doesn't mind the car-buying process? All it takes is the fortitude to sit through a litany of maneuvers trying to convince you to agree on a price - when you've got zero obligation to consent. Sure - it takes time, which is a scare commodity for many - but for the amount of money generally being spent, I've got no problem pushing a salesperson to get the price to where I want it.
The problem is that we are negotiating from a position of ignorance. You don't know the lowest price they will sell it to you for, you don't know the lowest price you can get from competitors, and so on. Let's say I decide I will pay $25K for the car, sit there for 3 hours, and get that price. How do I know that if I presented a competing offer I might get it for $24K? I don't, and thus I leave money on the table.
Because when you don't have that info, the dealer performs a simple calculus - how likely are you to walk away after 3 hours of haggling over $1000 that you didn't know was negotiable. The answer is probably pretty small, on average, and thus it is worth it to them to not go rock bottom on the price.
If I can pay a service to get that rock bottom price (where price + service charge < my negotiated price) why would I not want to use it?
Re: CarWoo is shutting down
#29I was totally going to use them to buy a car next month! Are there any good alternatives? I can't handle anymore haggling and tricks.
Things like this have been around from at least the late '90s, I've used them twice, in both cases it was my credit union that recommended a company. I'd ask some credit unions.