CAA NEO And Automall Network Team Up To
Help Members Buy New And Used Cars
Published on Yahoo Finance, November 29, 2012
November 29, 2012 - CAA North and East Ontario (CAANEO) and Automall Network Inc. are teaming up to help make purchasing new and used vehicles simpler and more cost effective for CAANEO Members.
As part of the new partnership, Automall Network, a prominent auto broker for insurance companies and consumers, will provide vehicle market price data and assistance to CAANEO Members in order to minimize, or even eliminate, the need for comparison shopping and negotiating.
"We are in a position of trust for our Members," says Todd Beavis, Managing Director, Marketing for CAANEO. "We wanted to provide an equally trustworthy solution that would not only add significant value to a CAA membership, but also one that helps our Members with one of the biggest purchases they will make".
Automall Network conducts independent market price studies, mystery shopping and negotiations for several insurance companies and consumers across the country. A competitive Market Price Report generated from the data collected lets car buyers know what the best retail price range is in their market.
For new cars, the report costs $50. Buyers can also upgrade to Automall Network's Full Concierge Service to negotiate for them for an additional $145. CAANEO Members receive a discount on these prices. There is a similar offering for used cars starting at $150. Free sample reports are available through the Automall Network website, www.AutomallNetwork.com, for used cars and their new car website, www.IVONTaCar.com, for new cars.
"The problem with buying a new car is that dealers won't give you their best price up front unless another dealer has quoted you first. Then, they'll match it or slightly beat it just to get the deal" claims Viraf Baliwalla, President of Automall Network. "This forces people to comparison shop and negotiate with multiple dealers which leads to a very negative car buying experience. All this can be avoided if you know what the target price should be going in".
To kick-start the partnership, CAANEO plans to host a series of free clinics focusing on purchasing a vehicle. Automall Network will provide the education which will cover such topics as financing and leasing, tips and tricks of the trade, the pros and cons of buying new vs. used, importing vehicles and how best to structure a deal.
"Car buying is one of the things people dread most," adds Beavis. "Educating and assisting our Members will be an important part of this relationship in order to ensure our Members are able to make the most informed decisions and get the most value for their money".
CAA North and East Ontario is a not-for-profit membership organization, offering insurance, travel, automotive care and roadside assistance services. There are more than 260,000 CAA Members in North and East Ontario and 5 million Members in Canada.
Automall Network is a licensed auto broker/dealer that works for the buyer, similar to a real estate broker for home buyers.